Page 3 · articles 101–150
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, issued the following statement: We encourage shareholders to see Diana’s latest disclosure for what it is: more unsubstantiated falsehoods…
Typhoon season 08 May 2026, Hong Kong Ship masters in Hong Kong waters to ensure precautionary measures are taken during the approach of tropical cyclones. READ MORE Source: GAC
U.S. forces disabled two Iranian-flagged oil tankers on Friday as they attempted to enter an Iranian port on the Gulf of Oman in violation of an ongoing U.S. blockade. U.S. Central Command enforced blockade measures against M/T Sea Star III and M/T Sevda, both unladen oil…
Scorpio Tankers Inc. announced that it priced a private offering (the “Offering”) of $200.
Saudi Arabia’s permanent representative to the UN said there was an urgent need to “safeguard the stability and security” of the Strait of Hormuz as Gulf nations and the United States pressed the UN on Thursday to demand Iran end its blockage of the vital waterway. Abdulaziz Alwasil made his comments alongside G
HD Korea Shipbuilding & Offshore Engineering said on the 8th it signed construction contracts for six container ships and two very large gas carriers (VLGCs). The total order value is 2.
Saif Al Mazrouei, Chief Executive Officer of the Ports Cluster Ports Cluster – AD Ports Group, has revealed that the Group has successfully handled more than 70,000 TEUs through Fujairah Terminals and processed over 100 cargo vessels daily during the recent period marked by regional developments. Speaking to the
Pakistan LNG Limited, a government subsidiary that procures LNG from the international market, has cancelled two of the lowest bids, expecting the situation in the Middle East to improve, which will lead to the opening of the Strait of Hormuz and the resumption of Qatari supplies. Pakistan LNG Ltd.
The University of Michigan’s Consumer Sentiment Index dropped to a record low of 48. 2 in early May 2026, missing market expectations of 49.
Agora Shipbroking Corporation: Snapshot of Commercial Indicators Report – Week 19 2026   Source: AGORA SHIPBROKING CORPORATION
U.S. job growth was more than expected in April, government data showed on Friday, while the unemployment rate stayed flat. As per the the U.S. Bureau of Labor Statistics (BLS), April nonfarm payrolls edged up 115k, compared to a consensus estimate of 65k. The unemployment rate…
The Greek trade deficit narrowed to €2. 2 billion in March of 2026 from €3.
This week, the Dry Bulk sector has been at the forefront of market attention. The already firm sentiment strengthened further, supported by improving freight fundamentals, as reflected in the overall week-on-week increase of the BDI.
The LR2 tanker Monza, fitted with two 37. 5-meter BAR Technologies WindWings has been delivered to U.
Captain Rick Iuliucci, vice president of operations at Baltimore-based Vane Brothers, is retiring effective July 1, and, in a related move, the company has announced a new leadership lineup, effective June 1. Brendan MacGillivray, currently VP of chartering & scheduling has been named COO, heading a team that incl
The president said he will raise tariffs on EU imports if the bloc does not “deliver their side of the Deal,” while EU leaders say the ratification process is progressing.
A second federal court ruling against President Donald Trump’s tariff strategy is creating fresh uncertainty for importers, manufacturers and freight markets, while the administration simultaneously escalates trade pressure on Europe and faces growing calls from automakers to preserve the U. S.
Tourism in the Antarctic Peninsula is a niche but booming industry powered by deep-pocketed adventure-seekers travelling thousands of miles to marvel at penguin colonies and take "polar plunges" in sight of icebergs.But growing numbers of visitors bring risks including disease…
Greek authorities are investigating a drone boat found by fishermen in a cave on the Ionian island of Lefkada, police and coast guard sources said on Friday. It was not clear how the Ukrainian-made unmanned surface vehicle (USV) reached Greek waters.
Interruptions in the supply of neurosurgical patties, sponges and strips are expected to continue through 2026.
Truck transportation jobs in April rose by an amount that has not been seen for a long time. The jobs total of 1,496,600 jobs was 4,300 more than in March.
ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS). The post Norway gives its blessing for $1.8 billion subsea redevelopment…
HD Hyundai Robotics reports that it has secured an order for its ArcLift GO robotic welding solution that will see it supply robotic welding systems for three Chouest Group shipyards in North America and one shipyard in Brazil. ArcLift GO is a robotic welding solution designed to deliver uniform and stable weld qualit
The guidebooks and river cruise itinerary for the Nile River cruise were studied and neatly packed for my trip, but nothing really preparedme for what surely is a once-in-a-lifetime chance to savor firsthand and physically close some of the…
Aircraft carriers and submarines have been using it for years, so why not fuel merchant ships with nuclear power? The U.
Latest NewsWeak consumer confidence, rising inflation dim peak season hopesUS DOT readies new trucker registration system to help fight fraudDisrupted Middle East-India shipments restart as choked supply chains easeAnnual ‘Roadcheck’ likely to tighten US trucking capacity, boost rates Maersk mulls potential Red Sea ret
Shares of Forward Air were off over 40% in early trading on Friday after the company said it was potentially losing a large customer. It also said a strategic review concluded with “no actionable proposals” being received and that it will now look to only sell parts of the enterprise.
ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to cooperate on digital technologies to strengthen safety and performance in shipbuilding.The agreement establishes a framework for the organizations to collaborate on Digital…
Image for representation purposes only The US military carried out strikes on Iran’s Qeshm port and Bandar Abbas on Thursday, according to a senior US official cited by Fox News Chief National Security Correspondent Jennifer Griffin in posts on X. The official said the strikes do not mean the war has restarted and do
Image for representation purposes only The United States has imposed sanctions on Iraq’s Deputy Minister of Oil, Ali Maarij al-Bahadly, accusing him of helping Iranian-linked networks sell oil by disguising it as Iraqi crude. The sanctions were announced on Thursday by the US Treasury Department’s Office of Foreign As
U.S. oilfield services company Weatherford International has lined up new assignments with two offshore drilling players, U.S.-headquartered Noble Corporation and Brazil’s Constellation Oil Services. The post Weatherford picks up new jobs with Noble and Constellation Oil…
Image for representation purposes only Somali pirates have abandoned a hijacked Emirati dhow in the Arabian Sea after failing to use the vessel to launch attacks on other ships, security officials in Somalia’s Puntland region told AFP. The lemon-laden dhow, identified as Fahad-4, was seized in late April by an 11-memb
Image Credits: Jay Tarriela/X The Philippines has accused China of conducting unauthorised marine scientific research near the oil- and gas-rich Reed Bank within its exclusive economic zone in the South China Sea. The Philippine Coast Guard (PCG) said a Chinese research vessel was operating near the area without permi
Container spot freight rates across the transpacific and Asia-Europe trades saw marginal gains this week, as carriers managed to halt three consecutive weeks of price declines into Europe. According to this week’s World Container Index (WCI) from Drewry, spot rates on the Shanghai-Rotterdam route increased 2%, t
Tapping into discordant feelings surrounding cargo coverage, DP World has launched an end-to-end war-risk insurance product, which it claims will close “critical gaps” in the freight world’s otherwise fragmented insurance practices – but some are sceptical. Applicable for shipments transiting the Middle East, the solu
A one-year wave data campaign has commenced in the Caribbean island of Martinique to […] The post Wave data campaign in Martinique paves the way for wave energy pilot appeared first on Offshore Energy .
DP World-operated Vallarpadam container terminal at India’s Cochin port — developed as the country’s first dedicated transhipment hub — seems to be facing formidable competitive challenges from new entrant Vizhinjam, a deepwater terminal managed by Adani Ports. Transhipment volumes through Vallarpadam in f
Fleets electrifying along North America’s busiest freight routes will soon have high-power charging options deep in the heart of Texas. Greenlane Infrastructure is entering the Texas market with new megawatt-charging sites planned in Dallas and Houston along the Interstate 45 corridor.
Oslo-headquartered BW Offshore has made arrangements to keep its floating production, storage, and offloading (FPSO) vessel occupied until the end of the current decade at its ongoing assignment in the North Sea on the UK Continental Shelf (UKCS). The post BW Offshore’s FPSO staying until 2030’s end at North Sea field
Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Wison New Energies for a harsh-environment floating production storage and offloading (FPSO) design featuring an internal turret mooring system.The FPSO concept is aimed at offshore developments in demanding…
Ta San Shang Marine (TSSM), a joint venture between Mitsui O. S.
Maersk chief executive Vincent Clerc launched the firm’s latest earnings call in the style of a TV anchorman, introducing himself and recently installed chief financial officer Robert Erni as if they were about to tell us today’s news and weather forecast. It was a good news day for ‘canny’ Maersk yesterda
The CPG maker expects to bolster productivity through automation deployed globally in warehouses and manufacturing plants.
UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system. The post Wison New Energies’ interna
The surge in airfreight costs and the disruption of schedules from the Middle East conflict has prompted shippers in Asia-Pacific to explore sea-air routings via the US west cost for shipments to Europe. While this does not appear to be a strategic shift, lasting cost pressure from aviation fuel supply could stretch t
UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U. S.
Karma is a b*tch, right? But, long in the making: do no say the latest developments at Forward Air (FWRD) caught you off guard.
American Bureau of Shipping (ABS), HD Hyundai and Anduril Industries have signed a memorandum […] The post ABS, HD Hyundai and Anduril partner on autonomous surface vessels appeared first on Offshore Energy .
The air freight market in the Middle East is stabilising, according to DHL Global Forwarding. “All airspaces across the region are open, albeit some with varying levels of restrictions, such as fixed corridors or pre-approvals being required.
Descartes Systems Group has released its May Global Shipping Report which found that U. S.