'During the last two weeks of July, dirty tanker loadings from Russian Black Sea and Sea of Azov ports fell 62% compared to the previous four weeks’ average. Exports averaged 0.98 million barrels per day (mbpd) compared to 2.59 mbpd in the previous four weeks…
Chicago Board of Trade wheat futures rose on Monday, reversing earlier weakness on fears that intensified fighting between Russia and Ukraine would further disrupt Black Sea exports.Corn and soybean futures turned higher, though prices remained…
In the first half of the year, the Port of Bilbao handled 17,317,427 tons of cargo, an increase of 1,893,980 tons and 12.3% up on the same period last year. This figure represents the highest year-on-year growth recorded at the start of a year for the last twenty-two years…
By Richard Gunn and Julia Cyrson, Reed Smith LLPIn the largest penalty the International Tribunal for the Law of the Sea (ITLOS) has ever levied, a Special Chamber ruled unanimously against Equatorial Guinea on May 27, 2026, ordering it to pay…
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a net profit of QAR 857 million compared to QAR 860 million for the corresponding period in 2025…
Egypt is in talks with energy majors including Shell, TotalEnergies and BP to buy 15 to 18 cargoes of liquefied natural gas per month for at least three years, three trading and industry sources familiar with the matter told Reuters.The talks…
The Houston Ship Channel region showed resilient trade activity, while Port Houston's public terminals recorded strong June container volumes and a moderate rebound for steel cargo.Key TakeawaysHouston Ship Channel region total trade increased 17% through May…
Cavotec has signed an order valued at USD$8.02 million (EUR 7 million) with a global container shipping company to retrofit vessels for shore power.The order covers the retrofit of low- and medium-voltage container vessels with shore power technology…
Faced with rising diesel costs and strained power grids, high-throughput hubs are turning to propane to manage market shocks without sacrificing operational reliability.As the global supply chain gears up for its busiest season, high-throughput warehouses…
The Port of Antwerp-Bruges, against a backdrop of geopolitical tensions, trade conflicts, and operational disruptions, context handled 133.9 million tons of maritime goods in the first half of 2026, a decrease of 2.4% compared to the same period last year…
UK P&I Club and TT Club have announced their joint offer to acquire Thomas Miller Holdings has received shareholder support, with acceptances in excess of 89%.The acquisition offer was made to shareholders on June 18, 2026 by TMH Bidco, a special…
OCIMF and the Central Commission for the Navigation of the Rhine (CCNR) published the second edition, updated July 2026, of the International Safety Guide for Inland Navigation Tank-barges and Terminals (ISGINTT), making the industry reference guide available simultaneously in English…
Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2026. The company reported a second-quarter net profit of $51.7 million with revenue of $750.3 million, compared with a net profit of $75.2 million with revenue of $712…
Saronic has selected Brownsville, Texas, as the site for Port Alpha, a next-generation shipyard the company plans to build to expand U.S. shipbuilding capacity.The company said it plans to invest more than $3 billion in the facility, with construction…
Container freight rates have continued to climb into July, with Drewry's World Container Index reaching $4,639 per forty-foot container on July 9, its highest level since September 2024, driven largely by rising rates on Asia-Europe trade routes…
