Latest updates, trends, and insights from the maritime world.

Port Technologyabout 4 hours ago

US unveils $774 million port investment across network

US unveils $774 million port investment across network Port Technology

Offshore Energyabout 5 hours ago

Operations

Fugro wins geotechnical site investigation work on CIP’s new offshore wind project in Taiwan

Copenhagen Infrastructure Partners (CIP) has awarded Fugro a geotechnical site investigation contract for the […] The post Fugro wins geotechnical site investigation work on CIP’s new offshore wind project in Taiwan appeared first on Offshore Energy.

HeadlineCopenhagen Infrastructure PartnersFugro

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Ports

Port Technologyabout 5 hours ago

HGT appoints new Senior VP Commercial

HGT appoints new Senior VP Commercial Port Technology

PortsRead

Container Newsabout 5 hours ago

Rhenus completes full acquisition of LBH Group to expand maritime network

Rhenus Group has completed the acquisition of the remaining 49% stake in LBH Global Agencies, taking full ownership of the port agency business. The move follows the initial partnership established in 2023. Rhenus has now acquired the remaining shares from the Lagendijk family, making LBH a wholly owned subsidiary. LBH Group operates in 24 countries […] The post Rhenus completes full acquisition of LBH Group to expand maritime network appeared first on Container News.

Mergers & AcquisitionsNewsTop Right

Shipping

Atlantic demand could support VLCC rates despite oversupply worries: CMES

Rising demand from the Atlantic Basin may support VLCC freight rates despite growing concerns about a structural oversupply in the tanker market amid trade disruptions through the Strait of Hormuz, China Merchants Energy Shipping said April 27. CMES’s Secretary of the Board of Directors, Kong Kang, said during an investor question-and-answer session that recent fears ...

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Ports

Chinese iron ore and steelmaking prices

MMI Daily Iron Ore Index Report April 29 2026

Today, the DCE iron ore futures trended stronger, with the most-traded contract I2609 closing at 787.5 yuan/mt, up 0.90% from the previous trading session. Spot prices rose 6-7 from the previous day. Traders showed moderate enthusiasm in quoting, while steel mills maintained a strong wait-and-see a􀆫tude with fewer inquiries; overall spot transactions were thin. Fundamentals: ...

PortsRead

Sustainability

Port Technologyabout 5 hours ago

Evergreen launches Asia–South Africa SAF service

Evergreen launches Asia–South Africa SAF service Port Technology

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Offshore Energyabout 5 hours ago

Noble scores over half a billion dollars in drilling gigs for rig sextet

U.S.-headquartered offshore drilling contractor Noble Corporation has obtained new drilling assignments and extensions across multiple geographies for six floaters in its rig fleet, including jobs in Brazil, Australia, Guyana, the U.S. Gulf, Ghana, and Malaysia. The post Noble scores over half a billion dollars in drilling gigs for rig sextet appeared first on Offshore Energy.

HeadlinebeaconBeacon Offshore

Port Technologyabout 5 hours ago

Ports

Port of Tokyo posts modest TEU growth in January

Port of Tokyo posts modest TEU growth in January Port Technology

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Container Newsabout 6 hours ago

US allocates $774 million to upgrade ports and strengthen supply chains

The United States Department of Transportation has announced a $774 million investment in port infrastructure, aimed at improving supply chain efficiency and supporting economic growth. The funding, delivered through the Maritime Administration (MARAD), will support 37 projects across coastal seaports, Great Lakes ports and inland river ports nationwide. The projects include rail tunnel expansions, upgraded […] The post US allocates $774 million to upgrade ports and strengthen supply chains appe

NewsTop RightMaritime Administration (MARAD)

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Regulation

MEPC 84: Russia seeks changes to IMO database rules

Russia tabled a last-minute proposal on the opening day of MEPC 84, seeking changes to Paragraph 12 of Regulation 27 under MARPOL Annex VI. Regulation 27 requires ships of 5,000 gross tonnage and above to collect and report fuel oil consumption data to the IMO Ship Fuel Oil Consumption Database. Paragraph 12 of this regulation ...

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Shipping

Strait of Hormuz traffic still at just 5% of pre-war levels: Why shipping remains crippled despite ceasefire

Nearly three weeks after a ceasefire between Iran and the United States, maritime activity through the Strait of Hormuz remains severely disrupted, with traffic still nowhere close to pre-conflict levels. The slowdown highlights the continued instability in one of the world’s most critical energy corridors despite a pause in direct hostilities. Before the conflict began ...

ShippingRead

China establishes world’s largest integrated maritime safety network

China has developed the world’s most comprehensive maritime safety and support infrastructure, creating a complete navigational assistance network covering coastal ports and shipping lanes, according to the Ministry of Transport. In the first quarter of this year, China’s coastal and inland ports handled 8.11 million vessel calls and 4.795 billion tons of cargo — up ...

Operations

Maersk suspends Berbera port bookings, tightening Horn trade routes

Maersk has suspended new cargo bookings to and from the Port of Berbera in Somaliland, adding strain to Horn of Africa trade corridors. The move could disrupt regional flows, particularly domestic cargo, and tighten already fragile supply chains. The Danish shipping line did not give a formal reason, but the suspension comes amid rising political ...

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Sustainability

Marine Insurance P&I Club NewsΠρώτη σελιδα

Marine fuels contaminated with unwanted chemical compounds

Recently, Skuld has seen several vessels reporting bunkered fuel that is on specification as per ISO 8217 parameters. Still when advanced tests were carried out, Gas Chromatography MassSpectrometry (GCMS) showed a high presence of hydrocarbon compounds, phenolic compounds, and other alkylresorcinol derivatives. Most of these bunkered fuels stem from Southeast Asia, particularly in Singapore, Hong ...

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Shipbuilding NewsΠρώτη σελιδα

Hanwha Ocean beats Q1 forecasts on LNG-led profits

Hanwha Ocean posted a first-quarter earnings surprise, driven by a high-margin shipbuilding portfolio centered on liquefied natural gas carriers, as demand for alternative fuels strengthened amid Middle East-driven energy volatility. According to the company’s earnings call Monday, operating profit for the January-March period rose 70.6 percent on-year to 441.1 billion won ($300 million), while revenue ...

Technology

Shipbuilding NewsΠρώτη σελιδα

Korean Shipbuilders Target AI Power Shortages

Korean shipbuilders are moving aggressively into the medium-speed engine-based power supply market, seizing on the deepening power shortage at data centers driven by the rapid spread of artificial intelligence (AI). The approach involves converting marine engines for land-based power generation and supplying them to data centers. Shipbuilding companies are accelerating their expansion from a vessel-focused ...

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Sustainability