U.S. President Donald Trump said on Sunday he had told his representatives not to rush into any deal with Iran, as his administration played down hopes of an imminent breakthrough in the three-month-old war that had been raised a day earlier…
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion…
The EU will temporarily lift customs duties on key nitrogen-based fertilizers such as urea and ammonia for one year to mitigate the knock-on effects of the Iran war, the Council of the EU said on Friday.Global fertiliser prices have jumped following the near total closure of the Strait of Hormuz…
Syria's General Authority for Borders and Customs has signed an agreement with French shipping and logistics group CMA CGM to operate two dry ports within the free zones of Adra, in Damascus' outskirts, and Aleppo, Syrian state news agency SANA reported on Tuesday…
Recently retired Port of Aberdeen Chief Financial Officer Jon Oakey was honored with the Lifetime Achievement Award at the second Finance & Accountancy Business (FAB) Awards. Held at Union Kirk, Aberdeen on May 21, 2026, the FAB Awards celebrate…
'So far this year, ship transits via the Panama Canal have increased 8% y/y to a daily average of 38, driven by the tanker sector. Transits have been especially high during the past five weeks, rising 16% y/y, as US energy exports to the Pacific jumped…
Jotun's Hull Skating Solutions (HSS) has received independent verifications from DNV, confirming that vessels maintained clean hulls, with no measurable speed loss during the period reviewed.The independent verification confirms no measurable…
Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company’s first shipment set sail from Western Australia for Japan.The milestone shipment departed from Cape Lambert port aboard the Juno Horizon on May 19…
Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping data on LSEG and Kpler showed…
The American Association of Port Authorities (AAPA) commends the the House Committee on Appropriations for its release of the Fiscal Year 2027 (FY27) Transportation, Housing, and Urban Development (THUD) bill. The legislation contains a record…
U.S. grain and soybean futures fell on profit-taking on Wednesday, traders said, erasing some of this week's gains that were driven by hopes for increased Chinese buying.Corn and soy also pulled back on expectations for favorable U.S. planting conditions in the Midwest…
Dassault Systèmes announced the real-world deployment of its virtual twin technology for autonomous cargo operations with Singapore-based deep-tech startup iHawk Global. The system is currently being piloted at an active 50,000 sqm container yard in Singapore…
DNV has released a new recommended practice (RP) for hydrogen as ship fuel. It outlines the competence requirements for crew, inspectors, and technical personnel to support the proper handling of hydrogen systems on board ships.Hydrogen is gaining traction as a marine fuel…
The Asian Infrastructure Investment Bank (AIIB) will lend $300 million to International Container Terminal Services Inc. (ICTSI) to support the expansion and upgrade of three container terminals across the Philippines. The senior unsecured corporate loan…
The National Association of Waterfront Employers (NAWE) released new survey findings based on input from 25 senior port and terminal executives, revealing that U.S. ports require billions in near-term capital investment to maintain efficiency and global competitiveness…
