ABS, UNITED WATERWAYS Collaborate on Coastal, Inland Maritime Training
ABS and UNITED WATERWAYS (UW) have signed a letter of intent to establish a joint venture with River Academy, UW’s training and education subsidiary, to support crew competence and qualification across the European inland barge, river cruise and coastal vessel sectors.The collaboration will enhance workforce readiness as European operators navigate evolving safety and decarbonization requirements in cruise, freight, and ferry shipping. Training programs align with recognized regional and national standards and continue to support consistent…
Seaspan Marine Sells Chip and Hog Fuel Barge Division
Seaspan Marine has entered in to an agreement with Hodder Tugboat to sell its legacy chip and hog fuel barge division, and remaining forestry industry transportation assets.The transaction is inclusive of the workforce, existing services and related assets, like coastal tugs, river tugs and barges, and associated maintenance facilities.Customers who rely on this vital service remain unaffected. Hodder is an established marine towing company based in Richmond with a longstanding focus on the forest industry, including the transportation of logs, timber and related forestry products.
Alternative-Fuel Inflection Point: Gotland Horizon X and the Port Hydrogen Question
Gotland Horizon X is a 130-meter, 18,300-gt, 1,500-passenger, 400-car, 30-knot catamaran now under construction at Austal for delivery in summer 2028. Positioned as hydrogen-ready from day one, the vessel is not a technology demonstrator. It is a frontline Ro-Pax ferry designed to maintain timetable integrity while opening a credible pathway toward hydrogen. For ports and fuel suppliers, that distinction matters. Horizon X is less about a single vessel and more about what it signals: future-fuel ships are coming that will demand corresponding evolution ashore.Jonas Moberg…
Exmar Launches FSRU Conversion Work for Dutch LNG Terminal
Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit, with EemsEnergyTerminal expected to take a conditional final investment decision in the first half of 2026.Exmar said it has secured a dual-fuel diesel electric membrane LNG carrier for the conversion and has begun engineering activities…
Exmar Launches FSRU Conversion Work for Dutch LNG Terminal
Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit, with EemsEnergyTerminal expected to take a conditional final investment decision in the first half of 2026.Exmar said it has secured a dual-fuel diesel electric membrane LNG carrier for the conversion and has begun engineering activities, including ordering a regasification plant with a capacity of 750 million standard cubic feet per day.The project is aimed at supporting continued operations at the terminal…
Carga Releases Upgrade to Cargo Management Platform
Maritime software company Carga has released OceanSMART 2.0, a powerful upgrade to its flagship bulk liquid cargo management platform.The release delivers dramatically faster performance, a modernized user interface and a suite of reliability improvements designed to support operational teams working in maritime logistics.OceanSMART users have reported saving as much as $1 million in demurrage costs in a single month, a testament to what the platform’s nomination-to-discharge capabilities make possible.
Singapore: Container Ship Fire Extinguished
A fire involving containers on board the London-registered container vessel Ever Lenient at Singapore’s PSA Pasir Panjang Terminal was extinguished on April 11.Firefighting efforts continued through the night, led by the Singapore Civil Defence Force, with Maritime and Port Authority of Singapore deploying patrol craft to conduct seaward cordon duties and drones to provide aerial surveillance in support of the firefighting operations.PSA Singapore is assisting with the safe discharge of the affected containers as part of follow-up operations. The cause of the fire is under investigation.
Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity
Port Tampa Bay welcomed a container vessel Thursday that set a new record for carrying capacity at the port. The ZIM Canada docked with 11,900 twenty-foot equivalent units (TEUs), nearly 2,000 more than any vessel previously handled at the port. The arrival underscores the port’s growing role in handling larger, high-capacity container ships and highlights the importance of ongoing infrastructure investments.The ship, stretching 1,083 feet and measuring 158 feet wide, carries enough containers that…
Oil Spill Forces Partial Shipping Halt at Port of Antwerp
Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.Antwerp harbour typically handles 60 to 80 ships daily. A port spokesperson could not immediately say how long traffic will remain halted or how many ships would be affected."An oil spill occurred during a bunkering operation in the Deurganckdock.
Oil Spill Forces Partial Shipping Halt at Port of Antwerp
Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.Antwerp harbour typically handles 60 to 80 ships daily. A port spokesperson could not immediately say how long traffic will remain halted or how many ships would be affected."An oil spill occurred during a bunkering operation in the Deurganckdock. The source of the spill has since been stopped and contained," the port said in a statement, adding that pollution had spread to the Scheldt.Antwerp port is part of the Port of Antwerp-Bruges, the second-largest port in Europe by cargo tonnage, behind Rotterdam.(Reuters - Reporting by Charlotte Van CampenhoutEditing by David Goodman)
Port Tampa Bay Receives $10m Federal Investment to Strengthen Supply Chain, Regional Economy
U.S. Rep. Kathy Castor joined Port Tampa Bay leadership to announce $10 million in federal funding to support the Tampa Harbor Navigation Improvement Project, an investment that will enhance navigation safety, expand cargo capacity and strengthen supply chains across Florida.The funding included $3 million secured by Rep. Castor through Fiscal Year 2026 community project funding requests to advance Phase 1 planning, engineering and design. In addition, Rep. Castor led the Florida Congressional Delegation in securing $7 million in general-use funding through the U.S.
US Grants $70M to Port of Los Angeles for Maintenance Projects
The Port of Los Angeles said it has secured about $70 million in federal funding for harbor maintenance and infrastructure upgrades, marking its largest allocation to date.The funding, provided by the U.S. Army Corps of Engineers from the Harbor Maintenance Trust Fund, will support projects including dredging, seismic upgrades and navigational safety improvements.The San Pedro Bay port complex, which includes Los Angeles and Long Beach, received a combined $131.8 million allocation.The trust fund is financed through a cargo tax paid by U.S.
US Grants $70M to Port of Los Angeles for Maintenance Projects
The Port of Los Angeles said it has secured about $70 million in federal funding for harbor maintenance and infrastructure upgrades, marking its largest allocation to date.The funding, provided by the U.S. Army Corps of Engineers from the Harbor Maintenance Trust Fund, will support projects including dredging, seismic upgrades and navigational safety improvements.The San Pedro Bay port complex, which includes Los Angeles and Long Beach, received a combined $131.8 million allocation.The trust fund is financed through a cargo tax paid by U.S. importers, with recent reforms aimed at ensuring ports that contribute large volumes of revenue receive a more equitable share of funding.Congress appropriated $3.245 billion from the fund for fiscal year 2026…
CK Hutchison's Panama Unit Files Arbitration Against Maersk
Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington.In a statement, Panama Ports Company (PPC) said Maersk broke a long-term contract by siding with the Panamanian government to help remove PPC from its operations at the Balboa port and replace it with a Maersk-affiliated operator."Contrary to the contract…
Massive Increase in Oil Transport Through Danish Waters
Major geopolitical events have led to massive changes in the patterns of global oil transport at sea. This underlines the importance of effective Danish marine environmental preparedness when almost five million barrels of oil pass through Danish waters every day, according to Danish Shipping Companies.In the first half of 2025, as much oil was shipped through the Great Belt and the Sound as through the Suez Canal. Here, 4.9 million barrels of oil were shipped through both places per day. For the Great Belt and the Sound, this is an increase of 58 percent from 2021 to 2025.
Virgin Voyages Now Sailing from Port of Los Angeles
Virgin Voyages has started a new West Coast itinerary sailing from the Los Angeles Cruise Terminal, with its newest ship, Brilliant Lady, making the Port of Los Angeles its homeport this spring.“Virgin Voyages brings a fresh, contemporary cruise product to Los Angeles, and we’re proud to welcome them as a new homeport partner,” said Port of Los Angeles Executive Director Gene Seroka. “With these well-crafted itineraries, passengers can make the most of their time exploring destinations…
Virgin Voyages Now Sailing from Port of Los Angeles
Virgin Voyages has started a new West Coast itinerary sailing from the Los Angeles Cruise Terminal, with its newest ship, Brilliant Lady, making the Port of Los Angeles its homeport this spring.“Virgin Voyages brings a fresh, contemporary cruise product to Los Angeles, and we’re proud to welcome them as a new homeport partner,” said Port of Los Angeles Executive Director Gene Seroka. “With these well-crafted itineraries, passengers can make the most of their time exploring destinations along the Pacific Coast and beyond.”Virgin Voyages’ Brilliant Lady began her inaugural tour in September 2025, launching from New York. The 110,000-ton vessel measures 909 feet long and 125 feet wide, specifically designed to pass the Panama Canal.
Port Milwaukee Celebrates Start of 2026 International Season With First Vessel Arrival
Port Milwaukee welcomed the Marshall Islands-flagged Federal Nagara as the first vessel of the 2026 international season on Friday, April 3.The Federal Nagara arrived at the Logistec terminal to unload specialty steel products following its transit through the St. Lawrence Seaway from Spain and Belgium, where it was loaded. The St. Lawrence Seaway locks opened for the season on March 22, connecting the Great Lakes to the Atlantic Ocean. The St. Lawrence Seaway is a binational system…
Ports of Indiana-Burns Harbor Welcomes the First Vessel of the International Shipping Season
Ports of Indiana-Burns Harbor celebrated the start of the 2026 international shipping season Saturday with the arrival of the Ocean7 Ranger. The ocean vessel completed a 52-day voyage carrying equipment for facility improvements at U.S. Steel Gary Works, the largest integrated steel mill in North America.The 2026 opening of the St. Lawrence Seaway to ocean vessels marked one of the shortest winter closures in history, totaling just 69 days from Jan. 12 until March 22.To commemorate the occasion…
Ports of Indiana-Burns Harbor Welcomes the First Vessel of the International Shipping Season
Ports of Indiana-Burns Harbor celebrated the start of the 2026 international shipping season Saturday with the arrival of the Ocean7 Ranger. The ocean vessel completed a 52-day voyage carrying equipment for facility improvements at U.S. Steel Gary Works, the largest integrated steel mill in North America.The 2026 opening of the St. Lawrence Seaway to ocean vessels marked one of the shortest winter closures in history, totaling just 69 days from Jan. 12 until March 22.To commemorate the occasion, Burns Harbor Port Director Ryan McCoy presented the Ports of Indiana “Steel Stein” to Captain Ilia Kalachov on board the Ranger. The presentation…
Ukrainian Drones Attack Caspian Pipeline Consortium's Black Sea Terminal
Russia on Monday said that Ukrainian drones attacked the Caspian Pipeline Consortium's Black Sea terminal, which handles 1.5% of global oil supply, damaging the single point mooring (SPM), loading infrastructure and four vast storage tanks.Separately, the Ukrainian military said it had struck oil loading facilities at the nearby Sheskharis oil terminal in Novorossiysk.The strikes could be among the most significant on Russia's Black Sea export facilities during the more than four-year-old war with Ukraine…
Successful Asia Pacific Maritime 2026 Closes
The 19th Asia Pacific Maritime (APM) held its largest-ever edition in Singapore last week, welcoming 19,431 attendees, alongside more than 819 exhibitors from 41 regions and countries, including 20 pavilions, and 112 speakers from across the globe. Amid the strong turnout, APM saw a significant number of announcements, covering product launches and the inking of partnerships, signalling strong momentum for advancing the industry and underscoring the industry’s unwavering confidence in Asia’s premier maritime event and conference.Yeow Hui Leng…
Iron Ore Trade on the Great Lakes Down in March 2026
Iron ore shipments on the Great Lakes in March 2026 decreased 23.5 percent from a year ago. Loadings were also below the month’s 5-year average by 35.1 percent. The iron ore trade stands at 2.7 million tons, a decrease of 7.7 percent compared to 2025. For the first three months of the year, iron ore shipments are 21.2 percent below their 5-year average.Since 1880, Lake Carriers’ has represented the U.S.-flag Great Lakes fleet, which today can move more than 90 million tons of cargos annually that are the foundation of American industry…
Nikkiso Partners Exion Asia to Launch Southeast Asia Marine Hub
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has entered into a strategic service partnership with Exion Asia to establish its first marine hub in Southeast Asia, aimed at supporting growing demand for cryogenic equipment services.Under the agreement, Singapore will serve as Nikkiso’s Southeast Asia Marine Hub, providing regional support for cryogenic pumps and related equipment used on marine vessels.The partnership leverages Exion Asia’s network of 17 workshops across Southeast Asia…
Ukrainian Drones Sink Russian Cargo Vessel
A cargo ship carrying wheat sank in the Sea of Azov after coming under attack from Ukrainian drones, a Russia-installed official said on Sunday, leaving one person dead and two missing.Vladimir Saldo, Moscow-installed leader of the Russian-controlled parts of Ukraine's Kherson region, said the attack occurred on Friday but crew members were unable to make known what had happened to them until Sunday."It became known that the reason for the sinking of the Volgo-Balt in the Sea of Azov was a terrorist attack by the Kyiv regime…
Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels
Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday.The U.S. Federal Maritime Commission said last week that it was closely monitoring a surge in detentions of Panama-flagged vessels in China that appears tied to a Panama court ruling against Hong Kong-based port operator CK Hutchison."China's recent…
Conrad Industries Shares 2025 Results, Backlog
Conrad Industries, Inc. announced its 2025 results and backlog.For the quarter ended December 31, 2025, Conrad had net income of $4.7 million and earnings per diluted share of $0.94 compared to net loss of $14,000 and earnings per diluted share of $0.00 during the fourth quarter of 2024. The Company reported net income of $19.9 million and income per diluted share of $3.96 for the twelve months ending December 31, 2025 compared to net income of $11.2 million and income per diluted share of $2.24 for the twelve months ending December 31, 2024.
Insights: As Ships Get Bigger, Pilots Keep Maritime Commerce Flowing
Over 95% of large ocean-going vessels moving in U.S. waterways are under the direction and control of a pilot that is a member of the American Pilots’ Association (APA). The enormous increase in vessel sizes – as much as five times bigger than just twenty years ago – without corresponding expansions of waterways has made the already difficult work of these pilots even more challenging.APA-member pilots are generally the only U.S. citizen aboard foreign ships moving in the fragile bays, ports, rivers, and lakes that are the lifeline of this country.
IMO Facilitation Committee Approves Digitalization Strategy
The IMO Facilitation Committee (FAL) has approved a global strategy for maritime digitalization as well as cybersecurity measures for maritime single windows.Meeting in London for its 50th session (23 - 27 March), the Committee approved the IMO Strategy on Maritime Digitalization which emphasizes interoperability, system standardization, data-sharing and effective data governance across organizations and jurisdictions.The Strategy establishes maritime digitalization as an overarching IMO policy…
Russian Oil Tanker Arrives in Cuba's Matanzas Port
A Russia-flagged tanker carrying some 700,000 barrels of crude arrived in Cuba's Matanzas Bay at daybreak on Tuesday, according to a Reuters witness and shipping data, marking the first significant oil delivery since the Trump administration cut off the island's fuel supply.The Anatoly Kolodkin vessel, under U.S. sanctions, entered Cuban territorial waters late on Sunday not far from the U.S. Navy base at Guantanamo Bay. The U.S. said it was allowing the tanker to deliver fuel…
Delaware River and Bay Authority Looks to Electric in Cape May-Lewes Ferry Modernization
One of North America’s busiest ferry routes is joining the growing trend for U.S.-based operators to make the efficiencies of electrification central when they modernize their fleets, after an integrated hybrid-electric propulsion system from ABB was selected for the new ship ordered by Delaware River and Bay Authority (DRBA).Shipbuilder Senesco Marine contracted ABB to deliver full propulsion and automation systems for the 75-car passenger and vehicle ferry, which will replace the 45-year-old Cape Henlopen in connecting Lewes, Delaware and Cape May, New Jersey.
Kangnam to Build New Incat Crowther 80m Vessel Design
Incat Crowther was commissioned by South Korean shipbuilder Kangnam Corporation (Kangnam) to design a new 80-m high-speed catamaran RoPax ferry for operation by Korea Express Ferry (KEF). The new vessel will service routes between Incheon Metropolitan City and the Yellow Sea islands of Daecheongdo, Baengnyeongdo and Socheongdo in Ongjin County, Republic of Korea (South Korea).The project renews the successful partnership between Incat Crowther, Kangnam and KEF, with the companies…
UK Grants $85M to Develop Port Talbot Floating Wind Hub
The U.K. government has committed up to $85 million (£64 million) to support the development of a floating offshore wind port at Port Talbot in Wales, as part of efforts to expand clean energy capacity.The funding will support Associated British Ports (ABP) in completing design and engineering work required to develop infrastructure for floating offshore wind projects in the Celtic Sea.The project is expected to enable at least 4.5 GW of floating offshore wind capacity, enough to power around 6.5 million homes…
Russia's Ust-Luga Port Damaged by More Ukrainian Drones
Russia's Baltic Ust-Luga port, one of its largest petroleum export hubs, was damaged again on Sunday by a Ukrainian drone attack which sparked a blaze later brought under control, Russian officials said.It followed several Ukrainian drone strikes last week on Russia’s western energy corridor when facilities at the ports of Ust-Luga and Primorsk came under fire, igniting storage tanks and forcing a suspension of oil and oil product loadings.The regional governor of Leningrad said…
Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks
Russian oil producers have warned buyers they could declare force majeure on supplies from major Baltic Sea ports as Ukraine presses ahead with attacks on Russian energy infrastructure, two industry sources said on Friday.Ukrainian President Volodymyr Zelenskiy told Reuters this week that Kyiv was using long-range strikes to maintain pressure on Russia after international oil sanctions on Moscow were eased due to global supply disruptions caused by the Iran war.Ukrainian drones on Friday targeted the port in Ust-Luga, where a fire caused by a previous strike on Wednesday was still raging, the
U.S. Great Lakes Shipping Stands Still Due to Ice Conditions, Lack of Icebreakers
A little over a day and half since the Soo Locks opened providing access to Lake Superior and critical raw materials like iron ore, and the U.S.-flagged Great Lakes commercial fleet is at a standstill in the St. Marys River and Whitefish Bay, the critical connection between Lakes Superior and all other Great Lakes.The only way into Lake Superior is through the St. Marys River and Whitefish Bay, but ice conditions and a lack of a heavy U.S. Coast Guard icebreaker are creating substantial delays for American shipping and manufacturing. Some U.S.
Maraen Approves $40M Port of Nigg Upgrade After Rebrand
Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services, after their acquisition by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL) in 2025.The company said a final investment decision has been taken to develop a new heavy-duty quay and roll-on/roll-off capability at the port…
Two Ships Entangled on Mississippi River
The US Coast Guard is responding after two vessels, the general cargo ship Pac Dubhe and the bulk carrier African Buzzard, collided and subsequently grounded near mile marker 124.5 on the Mississippi River on Monday.The African Buzzard is currently aground. The two vessels are entangled, with the African Buzzard’s anchor lodged in the front of the Pac Dubhe.Both vessel operators are conducting comprehensive assessments to develop salvage plans for submission to the Coast Guard and have tugboats alongside.There are no reported injuries to crew members…
Asia Pacific Maritime 2026: Product Launches & Collaborations
Asia Pacific Maritime (APM) 2026 kicked off today to a record-breaking turnout, with its largest-ever edition occupying 6 exhibition halls across 2 levels at the Sands Expo & Convention Centre, Marina Bay Sands Singapore. Bringing together 819 exhibitors, including 20 international pavilions, the 19th edition sets the stage for three days of industry dialogue, innovation & tech breakthroughs in maritime collaboration, under the theme “Future of Vessels, Solutions for Tomorrow”.Navigating…
Zelim to Supply AI Man-Overboard Detection Systems to BC Ferries
AI-driven maritime safety and security systems specialist Zelim has secured a contract to supply its AI-enabled man-overboard (MOB) detection system to four hybrid-electric ferries being built for Canadian operator BC Ferries.The agreement, signed in February 2026, will see Zelim install its ZOE MOB detection technology on the vessels, with installation expected to begin in 2027. The ferries are scheduled to enter service in 2029 as part of a fleet renewal program.The new vessels will replace four ageing ferries within BC Ferries’ network…
Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike
A fire broke out at Russia's Baltic Sea port of Ust-Luga, a major oil export hub, after a major Ukrainian drone attack, Russian officials said on Wednesday.Ukraine has stepped up drone attacks on Russian oil refineries and export routes over recent weeks in an attempt to weaken Russia's war economy.Ust-Luga and Primorsk, on the Gulf of Finland, were forced to suspend exports of oil and crude on Sunday after drone attacks but they had restarted loadings on Monday, Reuters reported.But Alexander Drozdenko…
CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion
A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion.Panama Ports Company, which for nearly three decades operated the Balboa and Cristobal terminals near the Panama Canal, said it had supplemented its claims in proceedings under the International Chamber of Commerce's arbitration rules, a month after what it described as the state's illegal…
Ports of Indiana Handles First Aluminum Shipment
Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge shipment of aluminum.The shipment, totaling approximately 1,650 tons of aluminum, arrived after traveling by ocean vessel from Asia to New Orleans and then by barge to Indiana. The aluminum will be distributed to Midwest manufacturers, where it will be used in a wide range of applications…
By the Numbers: FY2025 Dredging Stats Released
The Dredging Contractors of America (DCA) is pleased to report another strong year for the U.S. dredging industry in Fiscal Year 2025, with $1.8 billion in federal dredging awards executed entirely by the American-owned, American-crewed, American-built Jones Act dredging fleet.According to Michael Gerhardt’s U.S. Dredging Report, FY2025 marked a transition year. While the prior year featured major deepening and widening projects in ports such as Norfolk, Brazos Island, Sabine, and Mobile, FY2025 saw fewer large-scale channel expansions.
Explosion Forces Shutdown of Valero’s Port Arthur Refinery
Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47,000-bpd 243-diesel hydrotreater unit was not clear. The blast could be heard as far as 11 miles away, the sources said.In an emailed response to Reuters, Valero confirmed a fire in a unit at the company's Port Arthur refinery and…
African Bunkering Hubs Gain as Ships Reroute Around Cape
Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…
Bunkering Hubs Along African Coast See Surge as Vessels Reroute
Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub.Carriers have been avoiding the Suez Canal and the Bab el-Mandeb Strait since late 2023, when Houthi attacks on Red Sea shipping began. U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz have reinforced the shift,…
Port of Oakland: Exports Continue to Outperform Imports
The Port of Oakland processed 163,254 TEUs in February 2026, a 16.7% decline from January and a 14.5% decrease year over year, as vessel activity slowed due in part to observation of the Lunar New Year.Vessel calls declined from 86 in January to 72 in February, due partially to planned blank sailings tied to factory closures during Lunar New Year. Blank sailings are pre-scheduled vessel cancellations used by carriers to align capacity with demand.Despite fewer ship arrivals, export volumes remained a bright spot.
Fred. Olsen 1848 Completes Pilot Installation of Tension Buoy
Fred. Olsen 1848 has completed a pilot installation of four automatic Tension Buoy units at the EDP Floating PV Lab, Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation.With water levels that rise and fall by as much as 50 meters, this Portuguese dam lake is a great testing ground for the adaptive mooring system, says the company.Tension Buoy's adaptive mooring technology is designed to ensure stability and performance for FPV systems under large water level variations.
Aker Solutions Wins FEED Contract for Lithuania COâ‚‚ Terminal
Aker Solutions has been awarded a front-end engineering and design (FEED) contract by KN Energies to support the development of the company’s CO₂ transshipment terminal infrastructure project in Klaipėda, Lithuania.The project forms part of the CCS Baltic Consortium, which aims to develop the first cross-border carbon capture, transport, and storage (CCS) network in the Baltic region. The Klaipėda terminal infrastructure development is recognized as a project of common interest…
PERC Leads Fuel Conversation at Port of the Future Conference
The Propane Education & Research Council (PERC) will showcase how propane and renewable propane can support reliable, lower-carbon port operations at the Port of the Future Conference at Hilton University of Houston on March 24-25.As a Gold Sponsor of the event, PERC will spotlight how propane helps ports reduce emissions while maintaining continuous operations. Jim Bunsey, senior manager of business development at PERC, will join industry leaders in two sessions focused on propane’s…
CK Hutchison Banks 7% Profit Rise
CK Hutchison posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying profit of HK$22.3 billion ($2.85 billion) on a post-IFRS 16 basis. That compared with an HK$22.9 billion LSEG SmartEstimate and the HK$20.8 billion booked a year earlier.Including a one-time non-cash accounting loss, net profit fell 31% from a year earlier to HK$11.84 billion.The conglomerate…
Echo Marine Group to Deliver Western Australia’s First Electric Ferry Fleet
Lloyd’s Register (LR) has signed a new contract with long-standing partner Echo Marine Group to support the delivery of Western Australia’s first fully electric passenger ferries - marking a major milestone for sustainable public transport in Australia.The project, which is a part of the Perth Transport Authority’s (PTA) METRONET Swan River Ferry Service Expansion programme, will see the design and construction of five new battery-electric ferries for operation on Perth’s Swan River.
Northwest Seaport Alliance Full Exports Up 2.2% YTD
The Northwest Seaport Alliance (NWSA) reports that February 2026 total container volume (international and domestic) reached 207,725 TEUs, down 19.4% compared to February 2025, when shippers were frontloading cargo ahead of expected tariffs.While full imports decreased 29.5%, full exports were up 4.9%. YTD volumes at 435,890 TEUs are down 16.6%, with full imports declining 22.6% and full exports increasing 2.2%.Alongside terminal operator partner SSA Terminals, the NWSA has celebrated…