Latest News - page 5

 

Jotun's Hull Skating Solutions Receives DNV Verification

May 21, 2026

Jotun's Hull Skating Solutions (HSS) has received independent verifications from DNV, confirming that vessels maintained clean hulls, with no measurable speed loss during the period reviewed.The independent verification confirms no measurable…

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

May 20, 2026

Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company’s first shipment set sail from Western Australia for Japan.The milestone shipment departed from Cape Lambert port aboard the Juno Horizon on May 19…

Third VLCC Exits Strait of Hormuz

May 20, 2026

Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping data on LSEG and Kpler showed…

AAPA Supports House Appropriations Bill with $538m for Port Infrastructure

May 20, 2026

The American Association of Port Authorities (AAPA) commends the the House Committee on Appropriations for its release of the Fiscal Year 2027 (FY27) Transportation, Housing, and Urban Development (THUD) bill. The legislation contains a record…

US Grain, Soy Futures Drop After US-China Talks

May 20, 2026

U.S. grain and soybean futures fell on profit-taking on Wednesday, traders said, erasing some of this week's gains that were driven by hopes for increased Chinese buying.Corn and soy also pulled back on expectations for favorable U.S. planting conditions in the Midwest…

Dassault Systèmes, iHawk Deploy Virtual Twin Technology for Autonomous Cargo Operations

May 20, 2026

Dassault Systèmes announced the real-world deployment of its virtual twin technology for autonomous cargo operations with Singapore-based deep-tech startup iHawk Global. The system is currently being piloted at an active 50,000 sqm container yard in Singapore…

DNV Launches Hydrogen Fuel Recommended Practice

May 20, 2026

DNV has released a new recommended practice (RP) for hydrogen as ship fuel. It outlines the competence requirements for crew, inspectors, and technical personnel to support the proper handling of hydrogen systems on board ships.Hydrogen is gaining traction as a marine fuel…

AIIB to Lend $300m to Expand Philippines Port Connectivity

May 20, 2026

The Asian Infrastructure Investment Bank (AIIB) will lend $300 million to International Container Terminal Services Inc. (ICTSI) to support the expansion and upgrade of three container terminals across the Philippines. The senior unsecured corporate loan…

Survey Finds U.S. Ports Face $6.7 Billion Cargo Equipment Investment Needed

May 20, 2026

The National Association of Waterfront Employers (NAWE) released new survey findings based on input from 25 senior port and terminal executives, revealing that U.S. ports require billions in near-term capital investment to maintain efficiency and global competitiveness…

Lloyd’s Register Launches LXF Consortium to Standardize Container Stowage Data

May 20, 2026

Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector. The Lashing Exchange Format (LXF) Consortium brings together major classification…

Fujairah Terminals Signs Land Lease Agreements to Expand Regional Connectivity, Commercial Opportunities

May 20, 2026

Fujairah Terminals, part of AD Ports Group, a global enabler of trade, industry, and logistics solutions, announced the signing of three strategic land lease agreements with Fujairah International Airport, Fujairah Free Zone Authority and Al Dahra Agriculture Trading…

174K LNG Vessel Christened; Board Approves New 8-Ship Contruction Plan

May 20, 2026

Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries…

Two Chinese VLCCs Exit Strait of Hormuz

May 19, 2026

Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed.The ships are among a handful of…

South African Veterinary Association Stands Against Live Export

May 19, 2026

The South African Veterinary Association’s (SAVA) has released a formal position statement opposing the export of live animals by sea for slaughter at destination.SAVA joins many other international veterinary associations in condemning this practice…

Indiana Breaks Ground on New Grain Facility

May 19, 2026

State and local officials have celebrated the groundbreaking of Consolidated Grain and Barge Co.’s (CGB) $47 million expansion at Ports of Indiana-Mount Vernon, the largest investment at Indiana’s largest port in more than 20 years.The project…

Logistics News

Panama Canal Reduces Maximum Vessel Draft for Neopanamax Locks

Panama Canal Reduces Maximum Vessel Draft for Neopanamax Locks

Maritime Drone Self-Detonates in Constanta Port

Maritime Drone Self-Detonates in Constanta Port

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

SEA-LNG: LNG Bunkering is Surging

SEA-LNG: LNG Bunkering is Surging

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