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…
A major global terminal in the Port of Cartagena, Colombia has ordered 25 Konecranes Rubber-Tired Gantry Cranes (RTGs), along with Konecranes retrofits for 10 existing RTGs to enable supervised operations. The deal was signed in Q3 2025 and…
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…
NatPower Marine and Peel Ports Group are set to commence installation of shore power at Heysham in September 2025, with the first plug live in the initial phase and expansion to four across all berths, by 2026.This will enable all Heysham routes…
Operaciones Portuarias Canarias S.A. (OPCSA) has ordered eight hybrid Konecranes Rubber-Tired Gantry (RTG) cranes for container handling at its terminal in the Port of Las Palmas de Gran Canaria. The order was signed in September 2025, with delivery estimated for Q2 2026…
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The…
Canadian pipeline operator Trans Mountain expects dredging works at the port in Vancouver to be completed at the end of 2026 or early 2027, which will allow ships to load more oil than before, a senior executive said on Monday.'Right now, Aframaxes can only leave our dock 70% full…
Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in the China–ASEAN Industry Ministerial Roundtable Meeting on the sidelines of the China–ASEAN Expo, on September 17 in China, highlighting ASEAN’s robust economic progress and changing trade patterns…
New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure…
Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located…
At Gastech 2025, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) received approval in principle (AIP) from ABS for its concept design of a 16,000 TEU container ship with an electric propulsion system…
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price…
“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of increasing supply growth and weaker demand growth due to shorter sailing distances…
AD Ports Group announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based leader in dredging and marine contracting, to expand the flow of trade through the Group’s port terminals in Pakistan…
