Thyssenkrupp Steel has suspended shipping of raw materials to the western German city of Duisburg with its own vessels due to low water levels on the Rhine river, the company said on Tuesday.Thyssenkrupp Steel transports about 50,000 tons of…
Cameroon's main port of Douala has resumed operations, its transport minister said on Tuesday, after a collision between two cargo vessels at the weekend temporarily obstructed the navigation channel.The accident occurred early on Sunday near buoy No…
Cavotec has signed an order valued at USD$8.02 million (EUR 7 million) with a global container shipping company to retrofit vessels for shore power.The order covers the retrofit of low- and medium-voltage container vessels with shore power technology…
EU wheat fell on Monday as dealers assessed the possible impact of disruption to Russian grain exports after Ukrainian attacks on shipping in the Sea of Azov restricted vessel movement in the region, a key route for Russian wheat shipments.“Perhaps…
Ukraine's top grain exporter Kernel Holding said on Monday it had halted operations at Chornomorsk port due to a series of Russian attacks as Moscow intensifies pressure on key Ukrainian trade routes.Russian missile and drone attacks between Friday and Sunday…
UK P&I Club and TT Club have announced their joint offer to acquire Thomas Miller Holdings has received shareholder support, with acceptances in excess of 89%.The acquisition offer was made to shareholders on June 18, 2026 by TMH Bidco, a special…
Freight rates for tanker shipments of Russia's Urals crude from western ports to India have fallen in July from the previous month as summer season and increased vessel availability eased pressure on the market, according to three trading sources…
The Maritime Technologies Forum (MTF) announced the publication of new guidelines to support companies in developing new Safety Management Systems (SMS) and strengthening existing SMS for ships using methanol as fuel. As the maritime industry accelerates its decarbonization efforts…
UK port and logistics business PD Ports has appointed current chief operating officer (COO) Paul Foreman as chief executive officer (CEO), succeeding Frans Calje who will step down from the position.Foreman was appointed following a competitive recruitment process…
Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2026. The company reported a second-quarter net profit of $51.7 million with revenue of $750.3 million, compared with a net profit of $75.2 million with revenue of $712…
“So far this year, crude tanker newbuilding contracting has reached 60m deadweight tonnes (DWT) across 234 ships, driven by a surge in orders for Very Large Crude Tankers (VLCCs). This already makes 2026 the year with the highest crude tanker contracting on record…
Dutch shipyard Concordia Damen announced it has received a contract from TUI River Cruise for two CDS River Cruise 135 vessels. These cruisers are of in-house design and have been tailored to TUl's needs.TUI River Cruises' fleet is currently expanding from six to 10 ships…
As part of its repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Bevan Greibesland as Chief Underwriting Officer, Specialty Lines, and Bruce Griffin as Chief Underwriting Officer, Long Tail Lines…
cruisePAL announced a restructuring of its senior leadership team. Effective immediately, Sankar Ragavan transitions from President & CEO to serve as President of cruisePAL, focusing on group-level strategy, investor relations, and the long-term vision of the platform…
Cool Carriers has taken another step in its fleet renewal strategy with the delivery of MV Snow Flake, the second vessel in its next-generation Snow-class series, reinforcing the company's position as the world's largest operator of specialized refrigerated cargo vessels…
