ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a 50-year strategic agreement to establish United Arab Emirate’s first dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais, supporting the country’s industrialization and chemicals expansion goals…
Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U…
Vessels owned or operated by U.S. firms and individuals, or those built in the United States or that fly the U.S. flag, will be charged additional port fees per voyage starting on Tuesday, China's transport ministry said.The fees are a countermeasure against upcoming U…
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week…
“On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining it at 2.5-3.5% for 2026. We now expect a balanced supply/demand development in 2026 while…
The International Maritime Organization (IMO) is stepping up efforts to prepare seafarers for shipping’s energy transition, to help ensure personnel are properly trained to work safely on ships using zero or near-zero emission fuels, in line…
Energy services company Global Energy Group has rebranded as Global and unveiled plans to build a new 2,000 square meter headquarters in Inverness as part of its strategy to grow turnover from $400 million to $670 million within three years…
New analysis by Maritime Strategies International cites emerging evidence that the demand side of the industry will prove better-insulated from tariffs than was expected earlier in the year, while a dynamic where Chinese exporters continue to…
Cavotec has signed an order from Mohan Mutha Group to supply shore power systems in the Maldives. This is the first shore power installation in the Maldives and marks an important step in the country’s efforts to reduce carbon emissions in its ports…
CMA CGM on Monday announced the acquisition of Freightliner UK Intermodal Logistics, a rail logistics specialist, as the French shipping group continues to expand its presence in non-maritime transport.Financial terms of the deal, expected to close in early 2026…
The Alabama Port Authority has ordered two Konecranes Rubber-Tired Gantry (RTG) cranes for its new intermodal facility in Montgomery, Alabama. The order was booked in Q3 2025 and delivery is scheduled for Q4 2026.Container volumes at Alabama’s Port of Mobile grew from approximately 502…
Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port fees aimed at countering China's maritime dominance, a new report from the Center for Strategic and International Studies showed…
The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to a report published on Wednesday by the U.N. Trade and Development agency.Due to an increasingly complex and uncertain global trade environment…
The Panama Canal has unveiled a ten-year roadmap designed to reinforce its strategic role in global trade, safeguard long-term sustainability, and deliver tangible benefits to the nation.The canal’s vision rests on two main pillars. First, water security…
Stena Line has welcomed the first of its new hybrid freight ferries to Belfast Harbor. The multimillion-pound purpose-built Stena Futura will go into service on the freight-only Belfast to Heysham route on September 22.The 147-meter Stena Futura…
