Optics11 announced it has secured USD$55.9 million (€50 million) in follow-on equity investment to accelerate its capacity to meet global customer demand. As European governments and defense organizations scramble to rebuild effective security infrastructure, this equity round takes total investment in the Company to more than USD$111.9 million (€100 million) in just 15 months.The latest round is backed by existing institutional investors SET Ventures…
The Maritime and Port Authority of Singapore (MPA), the Research Council of Norway (RCN) and the Singapore Maritime Institute (SMI) have launched a joint research grant call to develop solutions to support the decarbonization of international shipping…
Chicago Board of Trade corn futures hovered near a four-month low on Thursday while soybean futures set a 2-1/2-month low under pressure from large US harvests, analysts said.The US Department of Agriculture is scheduled to issue an update on…
The fourth edition of the Port Entrepreneurship International Congress (PEIC) concluded in Valencia, Spain, attracting more than 650 participants from the international maritime, port and logistics sectors, marking record attendance for the event…
Ports should begin preparing for advanced nuclear technologies, including nuclear-powered ships, floating power plants and small modular reactors (SMRs), according to a joint report from Lloyd's Register (LR) and the British Ports Association (BPA)…
The Massachusetts Port Authority (Massport) announced the appointment of Charlie Cunnion as Port Director. Cunnion brings over 25 years of leadership experience across global transportation, supply chain management, operations, organizational transformation…
GT Wings has announced the latest addition to its wind-assisted propulsion product range, AirWingS, a new compact and lightweight Jet Sail developed to address the operational requirements of smaller commercial vessels.The new design expands…
After investigating reports of restrictive port practices by the Government of Spain, the Federal Maritime Commission (FMC) has determined that Spain has created unfavorable shipping conditions against U.S.-flagged vessels. As a result, the…
Lloyd’s Register (LR), Shell and GTT have launched a Joint Development Project (JDP) to develop a conceptual 200,000m³ LNG carrier combining hybrid-electric propulsion with GTT NEXT1 cargo containment technology.By bringing together a larger…
Lloyd’s Register (LR) appointed Hossam Edris as Naval Business Director for the Middle East.Based in Dubai, Edris will lead LR's naval and defence business development activities across the region, working closely with government and industry stakeholders as they modernise fleets…
'During the first three quarters of 2026, US dry bulk shipments to China have grown 104% y/y, driven by a 176% y/y increase in the shipment of grains. Volumes between the two countries weakened in 2025 amid rising trade tensions and higher tariffs…
Crowley and Junior Achievement Americas (JAA) are expanding career opportunities for students in Puerto Rico, helping connect young people with careers in maritime transportation, logistics and supply chain management vital to the island's economy…
Leaders representing Wisconsin’s commercial ports convened in Green Bay on September 10-11 for the 2026 Annual Meeting of the Wisconsin Commercial Ports Association (“WCPA” or “Wisconsin Ports”), renewing a statewide conversation about the economic importance…
Erickson Marine has named Nick Miller as Chief Growth Officer, expanding the company’s executive leadership as the longtime Sarasota dealership builds on nearly three decades of success and advances into its next phase of growth.In the new role…
The American Great Lakes Ports Association has signed a Memorandum of Understanding (MoU) with the Great Lakes Alliance of Shipyards to advance shared priorities in domestic shipbuilding and commerce.The MoU marks the first formal partnership between the U…
