Ryder posts strong Q3 2025 results on solid growth and cash flow
Ryder System, Inc. (NYSE: R) reported strong third-quarter 2025 results, driven by steady demand and disciplined cost control.The company earned $3.33 per share...
Latest Shipping & Logistics News
10,820 articlesDAT execs in two forums discuss how it seeks to reshape the freight sector
CHATTANOOGA–Roper Technologies has a large portfolio of technology-focused companies. But on its third quarter earnings call Thursday, it was DAT that to...
Helmut Sohmen, giant of global shipping, dies in Hong Kong
One of the titans of global shipping, Dr Helmut Sohmen, passed away yesterday in Hong Kong at the age of 85. The Austrian presided over one of the world’s lar...
Petrofac enters administration as restructuring plan unravels
UK energy services company Petrofac has filed for administration following TenneT’s decision to terminate an offshore wind contract.Petrofac said on Monday th...
Borr Drilling cancels two Mexico deals as client faces sanctions
Offshore jackup rig player Borr Drilling has terminated two of its drilling contracts due to the counterparty being hit with international sanctions.According t...
Trump to make New Jersey offshore wind freeze permanent
US president Donald Trump is continuing his war on offshore wind by making the temporary halt to development of offshore wind farms off the state of New Jersey ...
Cabotage geopolitics as a new leverage for India
India’s aggressive pursuit of ship reflagging by global containerlines signals a strategic convergence between cabotage enforcement, maritime infrastructure d...
Trump’s Asia trip kicks off new era of allied shipbuilding
Shipyard diplomacy is to the fore this week as Donald Trump tours Asia, with news of a significant Korean-US tie-up and more to follow from Tokyo where the US p...
Samsung Heavy celebrates commercialisation of its own LNG containment system
Samsung Heavy Industries has delivered a 7,500 cu m LNG carrier to Korea Line equipped with KC-2C, a locally produced LNG cargo hold, fulfilling a long-standing...
Is Union Pacific Trump ballroom donation Vena’s merger knockout punch?
Not only is Union Pacific Chief Executive Jim Vena a former locomotive engineer who literally built his career from the track up, he’s also a former hockey pl...
Oceanbulk linked to boxships comeback
Greek shipowner Petros Pappas is edging back into the container market, with his privately held firm Oceanbulk reportedly striking a deal for a pair of feeder n...
Bruton firms up VLCC order at New Times Shipbuilding
Tor Olav Trøim-backed Bruton has finalised contracts with New Times Shipbuilding in China for two scrubber-fitted VLCC newbuildings, with options for two...