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MacGregor secures first electric crane order for India-built vessels

MacGregor has received an order from the Netherlands-based Vertom Group to supply fully electric cargo cranes for four multipurpose vessels. This contract marks MacGregor’s first...

Port of Bilbao welcomes Onego Deusto on its first voyage with eSAIL wind-assisted technology

The Port of Bilbao has welcomed Onego Deusto, operated by Onego Shipping & Chartering, as its first port of call after departing Rotterdam equipped...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

The Switch secures contract for shaft generator drives on new aframax tankers

The Switch has secured a contract to supply single drives for shaft generators to be installed on four tankers currently under construction at Xiamen...

BP sells six MR tankers for US$200M

BP is reportedly divesting six medium-range (MR) tankers in a deal valued at around US$200 million. The vessels include British Cadet, British Captain, British Chief,...

Parrish & Heimbecker acquires grain terminal in Quebec

Parrish & Heimbecker (P&H), a Canadian family-owned agri-business, has bought a deepwater bulk marine export terminal in Quebec City from Société en Commandite Terminal...

BIMCO’s Dry Bulk Market Report: US Tariffs Weaken Demand Outlook

BIMCO anticipates a weakening in the supply-demand balance of the dry bulk market through 2025 and 2026, driven in part by recent changes in...

PD Ports unveils Teesport Offshore Gateway development plans

PD Ports aims to develop one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway. "Unlocking 180 acres (730,000m²)...

Stolthaven Terminals, Rönesans Holding to jointly develop new terminal in Türkiye

Stolthaven Terminals partners with Rönesans Holding on the development of a new terminal in Ceyhan, Adana, Türkiye. The facility is part of a large-scale new...

Golden Ocean, CMB.TECH ink merger deal

Golden Ocean and CMB.TECH NV have signed a term sheet for a proposed stock-for-stock merger that would see Golden Ocean merge into CMB.TECH, creating...

Veson Nautical: Orderbook for all dry-bulk vessel classes falls

Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year, according to Hongbeom Park,...

Russian seaborne oil exports fall 6%, but remain largely unaffected by new sanctions

“During the first quarter of 2025, Russian oil exports have fallen 6% year-on-year. Clean tanker exports were down 13%, while dirty tanker exports fell...

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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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