India’s Adani Ports will deepen its European footprint by building offshore capabilities with U.S. engineering firm Oceaneering International committing $1.36 billion in capital spending through fiscal year 2031.The country's largest private…
Gatehouse Maritime will operate as an independent maritime data technology company, with Thomas Scott Jensen appointed as Chief Executive Officer.The independence follows the restructuring of the Gatehouse Group, including the sale of sister…
The Iran war is starting to shape China's imports of major commodities, with April data showing a sharp decline in crude oil but rising trade in metals.The headline-grabbing number from the figures released last week by customs was the slide in arrivals of crude oil…
The CMA CGM Group has signed a high-level framework agreement for joint cooperation with Keynan institutional authorities to develop Kenya’s logistics and port capacity.The objective is to accelerate solutions that support the growth of supply…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, edged up on Monday as rates across vessel segments rose.The main Baltic index, which tracks rates for capesize, panamax and supramax vessels…
Vesselindex has released its annual Performance Report, providing an independent assessment of how listed dry bulk companies perform relative to peers and the broader market in terms of Time Charter Equivalent (TCE) earnings.The report covers…
Contship takes another concrete step towards decarbonization with the introduction of the first fully electric port tractor at La Spezia Container Terminal (LSCT). The new vehicle will be operated by Hannibal for internal shuttle activities within the terminal…
ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to cooperate on digital technologies to strengthen safety and performance in shipbuilding.The agreement establishes a framework for the organizations to collaborate on Digital Threads…
UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…
Descartes Systems Group has released its May Global Shipping Report which found that U.S. container imports decreased by 3.2% in April 2025, as trade uncertainty and geopolitical risks persist.In April 2026, U.S. container import volumes decreased by 3…
MISC Group (MISC) named two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on May 7, 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly owned subsidiary of ExxonMobil…
It was March that South Korea’s LOTTE Fine Chemical announced that it has successfully completed the world’s first commercial cross-border import of green ammonia. Then on April 23, the Ulsan Port Authority announced the successful completion…
Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for electricity generation, shipping association BIMCO said…
The Transportation Institute (TI), representing U.S.-flag American shipping companies, announced the appointment of Sara Fuentes as President of the organization. Fuentes previously served as the organization’s Vice President for Government…
The Coast Guard is standing up the Special Missions Command to oversee its deployable specialized forces. The command will enhance the operational effectiveness of the Coast Guard in responding to a wide range of national emergencies and events…
