Otto Candies snaps up Harvey Gulf MPSV fleet
US owner Otto Candies has expanded its fleet with the acquisition of four multipurpose support vessels (MPSVs) from Harvey Gulf International Marine, marking on...
Latest Shipping & Logistics News
10,840 articlesPetrofac’s restructuring derailed after TenneT contract loss
Petrofac’s long-awaited financial restructuring has collapsed after Dutch-German grid operator TenneT terminated the company’s scope of work on a major offs...
Valaris adds North Sea work with new offshore wind and oil contracts
US-listed offshore drilling contractor Valaris has secured a series of contract awards and extensions in the UK North Sea, including a new offshore wind support...
Velesto and ICON team up on rig-installed platform projects in Malaysia
Malaysia’s Velesto Energy has signed an agreement with Australia’s ICON Engineering to deliver rig-installed wellhead platforms for offshore oil and gas dev...
MSC and Maersk join CMA CGM in moving tonnage to India
The world’s three largest containerlines are reflagging ships to the Indian register to take advantage of local cabotage laws and growing business around the ...
The transport trinity: How trust and timing will define the next decade of logistics
Mikael Lind and Wolfgang Lehmacher map the new language of logistics.Transport reliability continues to frustrate the logistics sector. Despite massive investme...
Splash Wrap: Sanctions, shadow fleets, and shifting tides
US president Donald Trump unveiled sweeping sanctions on Russia’s top oil producers, Rosneft and Lukoil, this week in his most extensive energy crackdown sinc...
ADSB and Kongsberg to upgrade Kuwait Coast Guard Waterjets
Fleet ModernisationADSB will fit 13 Kuwait Coast Guard vessels with Kongsberg Kamewa waterjets. Ten vessels will have existing systems replaced, and three will ...
Norfolk Southern revenue falters in Q3
Norfolk Southern touted efficiency gains, strong service levels, and safety improvements as third-quarter revenue fell short of expectations and competitive pre...
U.S. weekly rail traffic finishes down again
Freight traffic on U.S. railroads continued its recent downward trend during the week ending Oct. 18.According to statistics from the Association of American Ra...
ID Logistics reports strong Q3 2025
ID Logistics announced solid financial results for the third quarter of 2025, recording revenues of €937.8 million, up +13.4% year-on-year, or +15.4% on a ...
Carrier Transicold wins 1,000-unit order from Great White Fleet
Expanding Cold Chain CapabilitiesCarrier Transicold has received an order for 1,000 OptimaLINE units with EverFRESH® technology from Great White Fleet, the ...