Page 4 · articles 151–200
While Oregon’s lone container terminal has struggled to keep the doors open, the Maritime Administration has awarded a grant for a proposed box hub at a competing port. The Oregon International Port of Coos Bay announced that the Pacific Coast Intermodal Port (PCIP) project has been awarded an $11.
Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has unveiled the naming of its two new-generation liquefied natural gas (LNG) carriers (LNGC), strengthening its partnership with SeaRiver Maritime (SRM), a whol
Donald Trump’s administration has suffered a major legal setback after a US federal trade court ruled that its new 10% global tariff regime was imposed unlawfully. Yesterday, the US Court of International Trade (doc 26-47) ruled it exceeded powers granted under Section 122 of the Trade Act of 1974 when the administrat
Diana Shipping Inc. , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.
The global container market is entering a new phase of rebalancing, with equipment flows beginning to reverse direction as carriers accelerate repositioning back to Asia. This shift is expected to reduce container availability across Europe in the near term, particularly as demand and pricing signals strengthen at ori
The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the coming months. Speaking to CNBC’s “Squawk Box Europe” after Maersk posted its first-quarter earnings, Clerc said the…
Minerva Bunkering has launched a physical bunkering service in Mauritania after being awarded a supply license by the country’s National Hydrocarbons Commission. The supplier will initially supply marine fuels to commercial vessels and regional offshore oil and gas installations from the ports of Nouadhibou and Nouakc
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity, risk management and resiliency solutions.
Wallenius Wilhelmsen reported adjusted EBITDA of USD 389 million in the first quarter of 2026, slightly below the previous quarter. “Shipping demand remains very strong with solid volumes and high utilization, especially ex-Asia.
The International Maritime Organization (IMO), in partnership with national authorities and with the World Maritime University (WMU), has delivered two national workshops under the SMART-C GHG Project, advancing efforts to accelerate maritime decarbonization in South-East Asia. Shaping Viet Nam’s National Action Plan
The ongoing Middle East conflict has triggered airspace instability and weakened airline networks, making crew changes longer, less flexible, riskier, and more costly, according to new analysis by the world’s largest travel management specialist for the maritime industry. ATPI Marine Travel’s data highlights a structu
For decades, the industry has relied on carefully drafted standard contracts, agreed in principle and then managed separately through manual processes and downstream systems. While the words on the page remain critical, the way contractual obligations are executed, monitored and acted upon is changing rapidly.
HD Korea Shipbuilding & Offshore Engineering, the mid-tier holding company of HD Hyundai’s shipbuilding division, recorded an operating profit of 1. 356 trillion Korean won in the first quarter of this year, achieving its highest-ever quarterly performance.
India is eyeing deeper collaboration with Japanese companies in the shipbuilding sector, as New Delhi looks to invest billions of dollars to expand its fleet amid rising demand for energy transport in a rapidly evolving global energy landscape, Petroleum Minister Hardeep Singh Puri said. In addition, the two countries
Launched during Korea’s “Go to Sea Month” a new study, “Renewable energy-based port electrification in Republic of Korea,” (Korean version) highlights the opportunity for the Republic of Korea’s ports to be reimagined as renewable energy hubs by using unused renewable energy for port and ocean shipping electrification.
State-run Pakistan LNG Limited (PLL) on Wednesday floated urgent tenders for the import of two liquefied natural gas (LNG) cargoes for delivery between May 12-14 and May 24-26 amid rising temperatures and power shortfall. The company set May 7 (Thursday) as the deadline for bids, which will be opened the same day, giv
Iron ore futures rose above CNY 815 per ton, climbing toward their strongest levels since February last year and heading for a fourth consecutive weekly gain as firmer steel prices continued to support demand for the key steelmaking material. Analysts said stronger steel prices have improved profit margins for mills,
Coal prices slipped toward $130 per ton and were on track to finish the week lower, as fuel switching by major Asian economies in response to the Middle East-driven energy supply shock proved less aggressive than initially expected. Thermal coal has served as an alternative to liquefied natural gas for power generatio
Indonesia is currently restructuring its mineral industries following the nickel boom. Aluminum now sits at the center of this national industrial strategy, especially at a time when the global aluminum market is facing mounting uncertainties amid war in the Middle East.
Corn futures held around $4. 5 per bushel, trading near a three-week low as faster US planting progress outweighed production pressure from elevated global energy prices.
On May 8, 2026, iron ore futures experienced oscillating movements in the morning session before edging lower in the afternoon. The main contract I2609 closed at 814.
Copper futures held above $6. 1 per pound on Friday and were on track to post a weekly gain of more than 3%, supported by easing energy prices earlier in the week, which helped reduce pressure on global growth and industrial metals demand.
Energy – Oil climbs on fresh US-Iran clashes ICE Brent and NYMEX WTI moved higher on Friday morning after three straight sessions of losses, amid reports of renewed clashes between US and Iranian forces. Brent rose nearly 3% to just below USD 103/bbl.
UK natural gas futures rose to 108. 5 pence per therm, recovering from a two-week low as prospects for peace in the Middle East remained uncertain amid renewed tensions.
MISC Group (MISC) named two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on May 7, 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly…
The CMHI shipyard in Shenzhen, China, has begun the construction of two methanol-ready dual-fuel […] The post Olympic Subsea’s methanol-ready vessel duo enters construction appeared first on Offshore Energy .
Japan's Mitsui O.S.K. Lines (MOL) said on Friday three of its vessels that transited the Strait of Hormuz and exited the Gulf in April did not pay transit fees, sticking to a principle of navigation under international law.Tehran has proposed fees or tolls on vessels passing…
West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas exploration and […] The post Local private firm to deliver SURF EPCI for Indonesian gas project appeared first on Offshore Energy .
Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor. The post North Sea wildcat on COSL rig’s drilling agenda
Port of Blyth has launched an expansion project to support the UK offshore wind […] The post Port of Blyth unveils GBP 100 million expansion linking to JDR cable factory appeared first on Offshore Energy .
Monday saw the Trump administration launch the short-lived Project Freedom, an operation to get stranded vessels out of Hormuz. It was ditched the following day with the security situation in the Middle East deteriorating, ships hit, and Iran issuing fresh navigation guidelines claiming control over a widened section
With the Hormuz crisis into its third month, terminal operator DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes. The solution provides continuous coverage across the entire supply chain, from ocean or air transit through
Technology, trust and the limits of automation dominated debate at the opening session of day two at last week’s Geneva Dry 2026, where owners, charterers, traders and technology providers gathered to discuss how digital tools are reshaping dry bulk shipping’s supply chain. The…
Key takeaway: The carrier’s challenge to a record $45. 6m reparations award isn’t just about one case – it’s a test of whether the agency’s adjudication system can survive the post-Jarkesy legal landscape.
London-based Zodiac Maritime is making a major move into the gas carrier sector, ordering a series of very large ammonia carriers in South Korea as the company expands beyond its recent tanker and containership buying spree. The Eyal Ofer-controlled diversified owner has…
The Trump administration has launched a formal initiative to develop small modular reactors (SMRs) for commercial shipping, instructing the Maritime Administration to canvass industry and innovators on how nuclear propulsion could be deployed across American fleets at scale. Transportation secretary Sean Duffy announc
The Sustainable Shipping Initiative (SSI) has released the first integrated, industry-wide mapping of crew welfare, wellbeing and safety data in shipping, funded by the Lloyd’s Register Foundation. Published as a standalone resource for the sector, the library is a…
Families of the lost crewmembers of the cargo ship Mariana have confirmed the identity of the sole body that divers recovered from the vessel's uptur...
Today, the American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Of...
Kongsberg Maritime has won a contract with Austal USA to supply its Promas propulsion system to the next four ships in the United States Coast Guard’s...
ABS and Seatrium Technology and Innovation Pte. Ltd – a technology subsidiary of global offshore, marine and energy engineering solutions specialist –...
ABS, HD Hyundai and Anduril Industries have signed a memorandum of understanding (MOU) to explore autonomous maritime capabilities. The MOU establishes...
Why authority and accountability no longer align in modern shipping. By Sunil Kapoor.
A new offshore vessel operator has emerged in Brazil following the sale and rebranding of the former Maersk Supply Service business in the country. The operation, previously known as Maersk Supply Service Brazil, will now operate under the name Navvik after being acquired by a consortium formed by ASM Texas Corp and F
Floater specialist BW Offshore has revised the contract structure for the FPSO BW Catcher in the UK North Sea, securing firmer cash flow visibility through the end of the decade while opening the door for future redeployment opportunities for the vessel. The Oslo-listed company…
Tunisian salvors have refloated the drill rig Ocean Valiant, which drifted aground in the Bizerte region last year. The 1988-built Ocean Valiant was p...
Despite saying the levy was "unauthorized by law,” the U. S.
The U.S. Coast Guard has awarded a $400 million contract to Whiting Turner Contracting Co. for a comprehensive upgrade to the training facilities at...
In this video, Project Freedom on Pause | MV Fairfax Alliance & CS Anthem Out | US Strafes an Iranian Tanker, Sal Mercogliano provides an update on the deteriorating maritime situation in the Strait of Hormuz, noting that the U. S.
Propulsion and future fuels Wärtsilä and Wasaline test hydrogen engine technology in EU-backed decarbonisation project May 8, 2026