Why Buying and Selling Heavy Equipment Still Feels Stuck in 2005
The trucking and heavy equipment industries have undergone a dramatic transformation since the pandemic. Fleet operators have adapted their business models, and...
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Port of Shanghai handles 55.06 million TEUs in 2025
In 2025, the Port of Shanghai achieved 55.06 million TEUs, up 6.9% from 2024. It remains the world’s busiest container port for the 16th consecutive year. Int...
Mexican-built logistics startup WeShip sets sights on US expansion
A fast-growing Mexican logistics technology platform built by former e-commerce operators is entering the U.S. market this year, betting that software designed ...
ASENAV and SAAM seal first-ever tugboat build in Chile
ASENAV shipyard and towage operator SAAM have signed their first shipbuilding contract, marking a milestone for Chile’s maritime industry.The agreement covers...
Polemis tied to suezmax order in China
Adam Polemis’ New Shipping has been tied to fresh Chinese tonnage, extending its suezmax tanker orderbook and newbuilding programme that has gathered pace ove...
Trump’s Iran squeeze fuels tanker volatility
Shipping markets are bracing for heightened volatility as tensions around Iran spill over into trade, energy and maritime security, with US president Donald Tru...
Russian drones hit ships off Odesa as Black Sea attacks escalate
Russia has carried out fresh drone strikes on two civilian vessels transporting food products in the Black Sea, injuring a seafarer and setting one ship ablaze,...
Larsen & Toubro takes full ownership of heavy-lift vessel
Malaysian offshore services company Vantris Energy, formerly known as Sapura Energy, has divested its 40% interest in L&T-Sapura Shipping, the owner and operato...
New cranes for the port of Rijeka
Adriatic Gate Container Terminal has taken delivery of two new hybrid rubber-tired gantry cranes, further strengthening its operational capabilities at the Port...
€100m cocaine haul seized from bulk carrier off Canary Islands
Spanish authorities have intercepted almost 10 tonnes of cocaine hidden aboard a merchant vessel off the Canary Islands in what police say is the country’s la...
Greek dry bulk management partnership formed
Capital-Executive Ship Management Corp has entered into a strategic partnership with Axis Maritime Corp, an SPV led by Nicholas Madias, and will rebrand as Capi...
Feds slash compliance costs for fuel haulers
WASHINGTON — Federal regulators have finalized a rule that restores a decade-old marking exception for fuel haulers and officially brings cargo tank inspe...