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…
Ivory Coast has sold about 1 million metric tons of cocoa in export contracts for the 2026-27 main crop, but has started to slow sales due to concerns about the impact of a looming El Nino weather pattern on output, four sources told Reuters…
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…
Waterborne tonnage moving in and out of Houston in the first quarter of 2026 reached 65 million short tons, up 12% compared to last year, according to the most recent data. Growth was driven primarily by exports, which at nearly 54 million short…
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion…
The maritime transport industry, the backbone of global trade, is at a pivot point amid shifts in economic, political, and technological conditions. Advances in technology have entered the industry, thereby improving efficiency and enabling innovative solutions for various onboard operations…
The Republic of the Marshall Islands (RMI) Registry’s long-term and consistent commitment to shipping continues to be recognized by the international community. The recently released United States Coast Guard (USCG) 2025 Port State Control (PSC)…
For most ship managers, husbandry port calls sit in an uncomfortable gap. They are operationally critical: the crew changes, repairs, bunkering stops and maintenance calls that keep vessels running, yet they are routinely managed through email chains…
'The Strait of Hormuz has been effectively closed for three months, trapping hundreds of ships and thousands of seafarers in the Persian Gulf while significantly reducing global seaborne tanker volumes,” says Niels Rasmusssen, Chief Shipping Analyst at BIMCO…
A consortium led by Stillstrom by Maersk has secured $5.8 million (€5 million) in funding from the European Union’s Horizon Europe program to develop and test offshore charging infrastructure for vessels at anchor in Denmark.The three-year SPARK…
Recently retired Port of Aberdeen Chief Financial Officer Jon Oakey was honored with the Lifetime Achievement Award at the second Finance & Accountancy Business (FAB) Awards. Held at Union Kirk, Aberdeen on May 21, 2026, the FAB Awards celebrate…
The CMA CGM Group has taken delivery of the CMA CGM NOTRE DAME, a new-generation liquefied natural gas (LNG)-powered vessel and the largest containership currently operating under the French flag. The vessel has begun its maiden commercial voyage in Shanghai…
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…
Next Geosolutions, an international player in marine geoscience and offshore construction support services for the energy sector and listed on Euronext Growth Milan market, announces the award of a contract by TenneT TSO B.V. with a total value of approximately USD$10…
The Chamber of Shipping of America has recognized 48 Crowley-owned or -managed vessels with 2026 Jones F. Devlin Safety Awards for achieving a combined 427 years of service without a lost-time injury.The Jones F. Devlin Safety Award recognizes…
