U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port…
Panama's Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of 'dark-fleet' tankers to skirt sanctions or evade environmental requirements.The U…
Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some vessels sitting idle.Sovcomflot's…
BAE Systems has announced inauguration of a $250 million shiplift and land-level repair facility at its Jacksonville, Florida, shipyard on June 2, with a ribbon-cutting ceremony attended by Acting Chief of Naval Operations Admiral Jim Kilby…
Ports of Indiana welcomed a delegation led by the Port of Antwerp-Bruges today on a trade mission exploring economic opportunities and new container shipments between the U.S. Midwest and European markets.The day’s events included a tour of Ports of Indiana-Burns Harbor…
CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.Hutchison co-managing director…
Everglades Company Terminal, Inc. (ECT) has signed a new 10-year Marine Terminal Lease and Operating Agreement with Broward County.The Broward County Board of County Commissioners recently approved the long-term agreement granting Everglades Terminal Company…
Konecranes is in the final stages of delivering four portal jib cranes to the U.S. Navy in Washington State, completing a contract signed in 2017. Two 25‑ton self‑powered jib cranes were delivered to the Navy pier at Bangor in Q1 2024, and the remaining pair is due at Bremerton by June 2025…
Fortescue’s Green Pioneer, billed as the world’s first ammonia dual-powered vessel, left Singapore in January of this year on voyage past the Cape of Good Hope en route initially to Southampton, both for Port State Control and to demonstrate…
Sudan said the United Arab Emirates was responsible for an attack on Port Sudan this month, accusing the Gulf state for the first time of direct military intervention in a war between the Sudanese army and the paramilitary Rapid Support Forces…
Contecon Manzanillo (CMSA), ICTSI’s Mexican business unit and operator of the Second Specialized Container Terminal at the Port of Manzanillo, has acquired two quay cranes and four hybrid rubber tired gantry (RTG) cranes.At 60 meters high, the quay cranes are the largest in the Americas…
The Port of Antwerp-Bruges in Belgium has launched the Volta 1, Europe's first fully electric tugboat.The tugboat follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven).The Volta 1 is a Reversed…
In response to a proposed additional 100% tariff on Chinese manufactured ship-to-shore (STS) by the Office of the United States Trade Representative (USTR) and the Trump Administration, the American Association of Port Authorities (AAPA) continues to fiercely advocate against it…
Wilson Sons obtained, through Rio Grande Container Terminal (RS), a certification that proves the exclusive use of electrical energy from renewable sources in operations conducted in 2024. The International Renewable Energy Certificate (I-REC)…
The Port of Oakland handled 185,499 TEUs (twenty-foot containers) in April, marking a 14.7% decrease in overall cargo volume from March 2025. The slowdown is driven by market uncertainty as well as softening demand in exports—both influenced by recent shifts in U…
