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…
Vattenfall has signed a deal with EMS Maritime Offshore (EMO) to establish an operations and maintenance (O&M) base in the Dutch port of Eemshaven to support construction and operation of its planned Nordlicht 1 and 2 wind farms, which will become Germany’s largest offshore wind project…
The Government of Andhra Pradesh in India has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller – Maersk Group, to accelerate port and terminal development in the state.Andhra Pradesh is positioning itself as a logistics hub on India’s east coast…
Cubo Maritime & Port, an open innovation hub founded by Cubo Itaú in partnership with Wilson Sons, Port of Açu, and Hidrovias do Brasil, has completed three years of advancing digitalization, clean fuels, and business growth in the maritime-port sector…
Construction continues on two key infrastructure projects at the Port of Charleston that will enhance SC Ports’ rail capabilities and grow capacity at the Leatherman Terminal.At the Leatherman Rail Facility, set to open in early 2026, all six…
Great Lakes Dredge & Dock, the largest provider of dredging services in the United States, has taken delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana.The Amelia Island…
Wasaline says it has become the first carbon-neutral shipping company in the Baltic Sea, reaching its original 2030 climate target six years ahead of schedule. The milestone comes as the Finnish-Swedish operator signed a biogas supply contract…
“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…
