SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
Konecranes has signed a wide-ranging service agreement with Meyer Turku shipyard in Finland for the maintenance and optimization of approximately 200 cranes.The service agreement covers smaller units handling just 63 kg to a massive 1,200-tonne Goliath gantry crane…
The American Association of Port Authorities (AAPA) has submitted another round of comments to the United States Trade Representative (USTR) office on additional modifications to its proposed Section 301 policy actions.The AAPA acknowledged…
Fincantieri has secured a new order from Norwegian Cruise Line Holdings Ltd. (NCLH) to build an ultra-luxury cruise ship for its Regent Seven Seas Cruises brand, reinforcing one of the most enduring partnerships in the global cruise sector.Scheduled for delivery in 2033…
CMA CGM has reversed a decision to suspend cargo shipments to Mali over safety concerns and a fuel shortage, the French group said on Thursday following a meeting with the authorities.In early September, al Qaeda-linked militant group Jama'at…
MITSUI E&S has received an order from Westports Malaysia for 15 rubber tyred gantry cranes.Westports operates the primary container terminal facilities in Port Klang, which is located approximately 50 kilometers southwest of Kuala Lumpur. As…
Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster offering a full portfolio of maritime solutions, announced it has been awarded a five-year contract by Bapco Upstream, to provide marine services at the Bahrain LNG Import Terminal (BLNG)…
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months…
The Port of Oakland has announced two achievements in its pursuit to become an environmentally-conscious port.In 2024, a record 86% of the electricity the Port provided to tenants and facilities came from renewable and zero-carbon sources; and…
In a step toward strengthening the United Arab Emirates’ position as a global energy hub, AD Ports Group, a leading enabler of global trade, logistics, and industry, and Nimex Terminals, have signed two long-term agreements that will position…
On September 15, International Car Operators N.V. (ICO), a wholly owned subsidiary of the NYK Group, obtained formal approval from the Belgian government for the construction of a fully automated multi-level parking facility at its finished vehicle terminal in the port of Zeebrugge…
Port Houston crossed the three million TEU mark in September, reaching 3,270,595 TEUs year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year.“Three million TEUs and counting…
The U.S. has granted India a six-month sanctions waiver to operate the Iranian port of Chabahar, India said on Thursday, boosting New Delhi's effort to enhance trade with Afghanistan and Central Asian countries bypassing its rival Pakistan.India…
Several shipments of wheat that had been delayed for weeks at Egyptian ports due to payment issues have now been cleared to unload after the problems were resolved, Egypt's state grain-buyer Mostakbal Misr told Reuters on Thursday.Around eight vessels carrying roughly 200…
Danish shipping company Maersk said on Thursday its APM Terminals unit may invest around $2 billion in the Pipavav Port in western India.Maersk said in a statement it had signed a memorandum of understanding with the Gujarat Maritime Board on increasing capacity at the port…
