'Between January and October 2026, dry bulk ship recycling fell 36% y/y to 3m DWT, its lowest level in 18 years. Only 70 ships were recycled, primarily smaller ships in the handysize and supramax segments, as strong freight rates have extended the operational lives of older ships,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Dry bulk ship recycling has been at a low level since 2021 due to strong freight rates…
The Albany Port District Commission (APDC), the Port of Albany-Rensselaer’s governing body, welcomed two new Commissioners (Corcione and DeFrancesco) appointed by NY Governor Hochul, and celebrated the retirement of a third (Tagliento).Born…
A new liquefied biogas (LBG) facility under construction at the Port of Gothenburg is scheduled to begin operations in the second quarter of 2027, providing a new source of renewable marine fuel for vessels calling at Scandinavia's largest port…
As other ports explore long-term sustainability strategies, WBCT offers a compelling example of how propane can deliver cleaner operations without sacrificing reliability or cost-efficiency.Ports are the lifeblood of global commerce, moving…
AI-powered voyage optimization, autonomous port operations and maritime safety technologies headline the competition's 10th anniversary.Singapore's Maritime and Port Authority (MPA) and the National University of Singapore's NUSX announced the winners of the 2026 PIER71 Smart Port Challenge (SPC)…
October 2026 container imports reached an all-time high of 2.67 million TEUs, according to Descartes, as China-origin cargo rebounded, East and Gulf Coast ports gained ground, and global shipping faced continued uncertainty over trade policy…
Ports operator reports record quarterly revenue of $2.18 billion and net profit of $265 million, as alternative trade routes, expanding international operations and stronger shipping and logistics businesses offset declining UAE cargo volumes…
The Los Angeles and Long Beach seaports employer group and the International Longshore and Warehouse Union Local 26 extended their contract to November 20 and plan to continue negotiating a new labor agreement covering about 2% of workers at the busiest US container port complex…
After its first year of transatlantic service, NEOLINE's wind-powered cargo ship demonstrates the potential for substantial fuel savings, while technical issues highlight the challenges of bringing sail propulsion into mainstream commercial shipping…
The Panama Canal expects to announce the pre-qualified bidders for a project to build and operate two new container terminals by the end of this year, Administrator Ilya Espino said on Wednesday, advancing a tender process linked to one of the world's most strategic trade corridors…
'Between January and October, coal shipments to India dropped 7% y/y due to the increased cost of imports. Thermal coal demand has remained strong, particularly from the power sector, but domestic mining has not kept pace, forcing power plants to draw down inventories…
Greece's Piraeus Port Authority on Tuesday reported lower revenue and profit for the first nine months of 2026, citing a reduction in container and cruise activity, though it said container handling showed signs of recovery in the third quarter…
Jody Peacock concluded his service as Chief Executive Officer of Ports of Indiana effective November 1. On that date, Ports of Indiana Chief Operating Officer Dave Parrott and Chief Financial Officer Erica Jackson began serving as the organization’s interim leadership team…
AD Ports Group announced the appointment of Dr. Afif Saif Al Yafei as Group Chief Executive Officer.Dr. Al Yafei joins AD Ports Group from TAQA Transmission, where he served as Chief Executive Officer. He brings more than two decades of executive experience across the infrastructure…
Alternative-fuel vessel orders are outpacing the development of the port infrastructure needed to support them, according to a new global study by Lloyd’s Register (LR), highlighting a growing gap between ship capability and fuel availability…
