'In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular…
“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez…
The Port of Virginia is nearing the completion of its $1.4 billion Gateway Investment Program with a critical piece of the strategic capital investment program being delivered in early 2026.In February, the port is scheduled to take delivery of the deepest shipping channels on the US East Coast…
Iquique Terminal Internacional (ITI) in Chile, operated by Hanseatic Global Terminals, closed 2025 with an all-time cargo transfer record, exceeding 3.3 million metric tons and representing 33% growth over the previous year.The milestone reaffirms…
DHT Holdings, Inc. has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the company during the first half of 2026…
On January 1, 2026, Roland Schwandt took over as CEO of SCHOTTEL GmbH from Stefan Kaul as part of an orderly succession plan. Christian Bock was appointed Deputy CEO. In the future, Stefan Kaul will focus on production and materials management…
A.P. Moller - Maersk has appointed Ditlev Blicher as the new Regional President for North America, effective January 1, 2026.Blicher assumes the role after most recently serving as the company’s Regional President for Asia Pacific since 2023…
W.S. Darley & Co., a provider of firefighting, emergency, and defense equipment, has announced a decade-long succession plan with the appointment of Lee Wise as its new President effective January 1, 2026. Lee Wise succeeds Paul C. Darley, who has served in the role for 30 years…
After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption…
'Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2…
Cocoa futures were sharply higher on Monday boosted partly by a slowdown in port arrivals in top grower Ivory Coast, while raw sugar and coffee prices also rose.COCOA* London cocoa rose 6.7% to 4,498 pounds a metric ton by 1447 GMT.* Exporters…
The Baku International Sea Trade Port, a key hub on the Middle Corridor, will have handled 37% more containers in 2025 than the previous year and aims to increase the volume again in 2026, port chief Eldar Salakhov said.By the end of the month…
Italy’s Cimolai Technology reached a major construction milestone on one of the largest crane projects currently underway in Europe, completing the lifting and erection of the main girder of the first of two massive 800-ton rail-mounted Goliath cranes at the Port of Chioggia…
Jordan's state grain buyer bought about 120,000 tons of animal feed barley in an international tender on Wednesday seeking the same volume, European traders said.It was all bought at an estimated $272.75 a ton cost and freight (c&f) included…
Corvus Energy, a provider of zero-emission energy solutions for the maritime industry, has received a record order from Remontowa Shipbuilding in Poland for the supply of battery systems for seven new fully electric ferries for Scottish Government…
