Konecranes has received its sixth portal jib order from the US Navy, part of an agreement initially announced in December 2019. This latest process crane order, worth $49.7 million, was booked in January 2026 and the jib will be delivered to Portsmouth Naval Shipyard in Kittery…
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says 'significantly undervalues' the company and carries unacceptable execution risk…
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels…
'In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular…
WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, have announced direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within the CargoWise logistics execution platform…
The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, as Washington consolidates control of oil shipments in and out of the South American country…
Singapore posted record port performance in 2025, supported by resilient global trade and fuel offtake.The nation achieved a record of 3.22 billion gross tonnage (GT) of vessel arrivals and 44.66 million TEUs of container throughput in 2025 – a 3…
PhilaPort capped off a milestone year in 2025, posting record container throughput and outperforming national and regional trade trends to remain a leader among U.S. East Coast container ports.PhilaPort handled a record 889,268 twenty-foot equivalent units (TEUs) in 2025…
Terminal de Contenedores de Yucatán, S.A. de C.V. (APM Terminals Yucatán) has ordered two Konecranes Gottwald ESP.7 Mobile Harbor Cranes, each configured to match with the local infrastructure and equipped with an external power supply to support the terminal’s decarbonization strategy…
Smartgyro, a leader in marine stabilization, announced the appointment of Alessio Loguercio as its new Managing Director. With more than 15 years of experience across technical, operational and commercial roles in the marine industry, Alessio brings a combination of strategic vision…
Singapore posted record port performance in 2025, supported by resilient global trade and fuel off take. This was announced by Senior Minister of State for Law and Transport Mr Murali Pillai, who was the Guest-of-Honor at the annual Singapore…
Somalia's government said on Monday it is annulling all agreements with the United Arab Emirates, including port deals and defence and security cooperation, accusing the UAE of undermining its national sovereignty.'This decision is based on…
Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the U.S. oil embargo on the OPEC country have made u-turn and are now heading back to Asia, LSEG shipping data showed on Monday.Following the U…
Danish shipping firm Maersk said on Monday that another of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait, weeks after it tested the route as a ceasefire in Gaza raised hopes for normal shipping traffic.'On 11-12 January 2026…
Spanish police have made their largest-ever cocaine seizure on the high seas, intercepting a vessel carrying almost 10 metric tons of the drug concealed in a shipment of salt en route from Brazil to Europe, police said on Monday.The operation led to the arrest of 13 people on board…
