The Los Angeles Board of Harbor Commissioners has approved a $3.4 billion annual budget for Fiscal Year (FY) 2026/27 for the Port of Los Angeles. The financial blueprint calls for increased investments in Port operational and community public-access infrastructure…
Raw sugar futures on ICE hit their lowest in more than a month on Thursday as oil prices remained steady despite escalating hostilities between the U.S. and Iran, while coffee prices gained.SUGAR* Raw sugar fell 0.7% to 13.82 cents per lb at 1448 GMT…
The Port of Brownsville welcomed business leaders, elected officials, industry partners and community stakeholders to its annual State of the Port Address on Thursday, June 11, at the Rancho Viejo Conference Center.During the event, the Brownsville…
CSP Iberian Bilbao Terminal, the concessionaire of the container terminal of the Port of Bilbao, has added a new super post-Panamax (Ship-to-Shore, STS) crane. This equipment will increase the terminal’s operational capacity, boosting its productivity…
2026 data shows that the methane decarbonization pathway is moving forward despite geopolitical disruption and regulatory uncertainty, says industry coalition SEA-LNG.LNG bunkering volumes are surging in major bunkering hubs, liquefied biomethane…
While bombs are falling in the Middle East, EU Member States continue to export live animals to the region, with the European Commission (EC) refusing to be held accountable, says the Eurogroup for Animals, the French animal welfare organization…
A leadership transition is underway at Neptun Werft, and Leif Eisenheim will become Managing Director and CEO of the Rostock-Warnemünde shipbuilding company, part of the Meyer Werft Group, effective December 1, 2026, or earlier if possible.Eisenheim succeeds Stephan Happe…
The Panama Canal will reduce the maximum draft for vessels transiting its larger Neopanamax locks to 49.5 feet from 50 feet starting on July 3, as part of a water-management strategy aimed at safeguarding operations amid the risk of an El Niño weather pattern later this year…
ANTWERPEN was delivered to EXMAR, the Belgian gas shipowner and infrastructure developer, a ship powered by WinGD’s X52DF-A ammonia-fueled engine, reported to be the world’s first ocean-going ship designed to operate on ammonia fuel.The achievement is the result of a collaboration between WinGD…
Brazil's wheat imports are forecast to grow in 2026 as its own crop area declines due to higher costs linked to the Iran war and uncertainty over the impact of an expected El Nino weather event, industry experts said.While imports will grow…
'During April to May, Western Africa’s clean petroleum product (CPP) imports fell 44% year on year, from 1,144 thousand barrels per day (kbpd) to 642 kbpd,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The drop in import volumes cut tonne miles by 47% year on year…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal’s full operational launch later this year.His Excellency Lieutenant-General Eng…
Macgregor has released its first quarter 2026 interim report indicating a strong start to 2026 with continued positive momentum, despite a dip in ordering.MacGregor CEO Jonas Gustavsson said: “The first quarter of 2026 marks a solid start to our first full year as a standalone company…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
Russian wheat export prices held firm last week, supported by a strong rouble and a continued reluctance by farmers to sell, although analysts expect a drop in export shipments in June.The price of Russian wheat with 12.5% protein content for…
