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PMO Chief Visits Northern Ports to Boost Maritime Development
Saeed Rasouli, Deputy Minister of Roads and Urban Development and Managing Director of the Ports and Maritime…
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Cargo Handling at Hormozgan Ports Surpasses 8 Million Tons in Seven Months
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PMO Managing Director’s Visit to Golestan Boosts Prospects for Maritime Development
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Company Consolidation Forms NYK Bulkship Partners
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Svitzer Inks Deal with Cochin Shipyard to Build TRAnsverse Tugs in India
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Port Houston Surpasses Three Million TEUs
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Asian Spot LNG Prices Remain at Six Month Low
Asian spot liquefied natural gas (LNG) prices remained at their lowest level in nearly six months on Friday as U.S.…
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Meyer Turku Reports 2024 Financial Turnaround
Finland's Meyer Turku Group's financial result for 2024 has been published, with the company reporting a turnover of…
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NYK Orders Dual-fuel Methanol VLCC
On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC)…
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New Zealand Ups Defense Spending to 2% of GDP
New Zealand said on Monday it would boost defense spending by NZ$9 billion ($5 billion) over the next four years, and…
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DEME to Buy Havfram in $985M Deal
Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind…
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Dry Bulk to Suffer Under China Tariffs
On Friday, China announced a tariff increase of 34% on all US imports, in retaliation to the new tariffs announced by…
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Panama Canal to Seek Bids for Pipeline Development
The Panama Canal Board of Directors has authorized the opening of a bidding process for the development of a new…
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Well-to-Wake: Scrubbers Beat HFO on Environmental Performance
Researchers from MIT and Georgia Tech have concluded that burning heavy fuel oil with scrubbers in the open ocean can…
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Steel Cut for USACE Eco Dredger
Eastern Shipbuilding Group (ESG) has officially begun construction on the U.S. Army Corps of Engineers' (USACE) new…
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IMO Secretary-General Commends Iran’s Efforts in Supporting and Protecting Seafarers
On Wednesday, March 26, 2025, Iran’s newly appointed Ambassador to the United Kingdom and Permanent Representative to…