Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday…
On May 13, NYK, JERA Co., Inc. (JERA), and Trelleborg Marine & Infrastructure (TMI), a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries under the Trelleborg AB group, jointly installed…
Net Feasa, a leader in supply chain digitalization, announced the launch of Agentic Control Tower, an end-to-end visualization and booking platform that wraps traditional shipping container workflows in Agentic AI. Agentic Control Tower transforms…
The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a bulletin published by the waterway's authority.In the first four months of 2025…
Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis…
Cavotec has signed an order valued at USD$8.99 million (EUR 8.1 million) with a leading global container shipping company to deliver complete shore power systems for newly built container vessels. The order includes cable management reels and weatherproof enclosures…
Fairbanks Morse Defense (FMD) is proud to announce Steve Pykett as he takes the helm as Chief Executive Officer. This transition marks a new chapter as the company continues to build on its legacy and drive forward into new opportunities for growth and innovation…
Port Authority of New South Wales has welcomed the NSW Government’s appointment of John McKenna as Chief Executive Officer of the State-owned Corporation, effective immediately. John brings commercial experience and a deep understanding of Port Authority’s operations to the role…
For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected…
Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said…
Israel attacked Hodeidah in Yemen after the Israeli army said it had warned residents of three ports under Houthi control to evacuate, the Houthi interior ministry said on Sunday.The strikes came shortly after Israel warned residents of Ras Isa…
The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week, in which he laid out the crucial role the Panama Canal has…
Hayley Williams, Curriculum Development Manager at Pembrokeshire College, has been recognized for her contribution to Wales’ marine energy sector.Ms Williams was announced as the recipient of the second ever ‘Ysbryd Y Môr’ award at the annual Marine Energy Wales conference in Cardiff…
Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October, combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea…
Aptamus Carbon Solutions (Aptamus), a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front-end engineering and design (FEED) of CO2 terminals in Florida and Louisiana…
