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Maersk, long considered a bellwether of the container shipping industry and broader global economy, presented a bleak near-term outlook as it reported 2025 financial results.
The Chinese government has reportedly forced a pause on infrastructure deals in Panama in retaliation for a Panamanian court's decision to suspend CK Hutchison's seaport operations contracts, according to Bloomberg.
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a second day on Tuesday, slipping about 4.5% to 2028 points, pressure by the larger vessel segments
A judge at the UK’s “Old Bailey” court in London sentenced the former master of the Solong containership to six years in jail for causing the death of a seafarer in the fiery 2025 allision with the tanker Stena Immaculate.
Kongsberg Maritime has won a contract to design and equip four handy-size tankers to be built in Brazil and operated by Transpetro, Petrobras’ transport subsidiary.
Estonia’s Tax and Customs Board completed its investigation of the refrigerated containership Baltic Spirit and permitted the vessel to continue its trip to Russia, saying that the reports of “contraband was not confirmed.”
From splash247.com
Dr Raymon Krishnan, president of Singapore’s Logistics & Supply Chain Management Society, ponders the risks of index-based freight contracts.
From splash247.com
Indonesia is revamping its state-owned shipbuilding sector, bringing it all under one roof, while tapping state-run lines to order domestically.
From splash247.com
German energy utility giant EnBW and US technology giant Google have entered into a long-term power purchase agreement for the supply of 100MW of clean electricity from the He Dreiht offshore wind farm over a period of 15 years.
From gcaptain.com
China warned Panama on Tuesday there would be “heavy prices” to pay after a court ruling there annulled Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal.
From gcaptain.com
Gen. Grynkewich now has a direct line to Russia's top general after UAE-brokered talks.
From splash247.com
Malaysian offshore vessel owner Keyfield International has ordered a new anchor handling tug supply (AHTS) vessel from China’s Jiangsu Shunhong Marine Technology.
From splash247.com
Australian offshore engineering company Worley has secured two energy transition contracts, spanning Europe’s offshore hydrogen ambitions and US LNG expansion.
The change affects the IMX service, which connects India and the Middle East with the Mediterranean.
After two more large-scale busts at sea, the U.S. Coast Guard has raised the tally of cocaine seized under its new enhanced patrol campaign to 200,000 pounds - equivalent to 75 million lethal doses.
The NGO Shipbreaking Platform compiled a report on the ships sold for dismantling in 2025 while calling for continued efforts to improve the industry’s adherence to safety and environmental regulations.
From www.world-grain.com
Adjusted total EBIT increases narrowly, while sales climb 32%
From www.world-grain.com
Spreading geopolitical conflicts taking toll on grain production, trade
From www.world-grain.com
Sunrise Cooperative assumes full ownership of the fertilizer blending facility
From www.world-grain.com
Provides thermal processing of welded steel structures
As concerns regarding Middle East oil supply disruptions ease, oil prices are experiencing a decline. Market observers are closely following the U.S.-Iran nuclear discussions in Oman.
India is exploring oil purchase options from Venezuela and other countries. The government prioritizes energy security for its citizens.
India Russian Oil Imports: This shift follows trade discussions with the United States.
From thedigitalship.com
Built by a working seafarer, a new digital platform is giving shipowners and managers clearer visibility into life onboard. Offshore Ship Advisor aims to turn lived experience into practical feedback that supports recruitment, retention and vessel standards.
From thedigitalship.com
German terminal operators are closing a four year programme that links digital investment with workforce readiness.
