ANTWERPEN was delivered to EXMAR, the Belgian gas shipowner and infrastructure developer, a ship powered by WinGD’s X52DF-A ammonia-fueled engine, reported to be the world’s first ocean-going ship designed to operate on ammonia fuel.The achievement is the result of a collaboration between WinGD…
Brazil's wheat imports are forecast to grow in 2026 as its own crop area declines due to higher costs linked to the Iran war and uncertainty over the impact of an expected El Nino weather event, industry experts said.While imports will grow…
'During April to May, Western Africa’s clean petroleum product (CPP) imports fell 44% year on year, from 1,144 thousand barrels per day (kbpd) to 642 kbpd,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The drop in import volumes cut tonne miles by 47% year on year…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal’s full operational launch later this year.His Excellency Lieutenant-General Eng…
Macgregor has released its first quarter 2026 interim report indicating a strong start to 2026 with continued positive momentum, despite a dip in ordering.MacGregor CEO Jonas Gustavsson said: “The first quarter of 2026 marks a solid start to our first full year as a standalone company…
Russian wheat export prices held firm last week, supported by a strong rouble and a continued reluctance by farmers to sell, although analysts expect a drop in export shipments in June.The price of Russian wheat with 12.5% protein content for…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
Geopolitical tensions, market volatility and an approaching influx of newbuild vessels increase attractions of outsourcing management services for a key market constituency, writes Capt. Anurag Mathur, Managing Director, Wallem Maritime Solutions…
Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) for Joint Development Project (JDP) with Samsung Heavy Industries (SHI) and Capital Clean Energy Carriers Corp for a floating data center (FDC) design.Presented at Posidonia 2026…
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Samho for a container ship design standard supporting NAV1 compliance. The AiP, presented at Posidonia 2026, centers on a remote camera system designed to deliver a…
Kristian Durhuus will assume the position of CEO of Copenhagen Malmö Port (CMP) on June 1, 2026.Kristian Durhuus brings a strong leadership and commercial background, most recently serving as CEO of Molslinjen A/S and Øresundslinjen AB, as well as COO at Copenhagen Airports A/S…
The Paris Memorandum of Understanding on Port State Control (Paris MoU) raised concerns about deceptive practices at its 59th Committee meeting in Glasgow, held from May 18 to 22.The Committee noted a continuous rise in the detention rate to 4…
Two new quay cranes (QC) that recently arrived at Baltic Container Terminal (BCT) have boosted the Port of Gdynia’s capabilities. The QCs are part of an investment program carried out by BCT in cooperation with the Port of Gdynia Authority to…
Schottel is expanding its international network with the establishment of a new subsidiary in India. With Schottel India Sales and Service Private Limited, the German propulsion company is further strengthening its presence in a rapidly developing…
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
