PSA International sets new record with 105 million TEUs in 2025
PSA International Pte Ltd (PSA) achieved a new global milestone in 2025. The Group handled a record 105 million TEUs across its ports and terminals worldwide fo...
Shipping News
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Suez Canal traffic continues normally despite vessel grounding outside channel
Navigation through the Suez Canal is proceeding normally in both directions and has not been affected by the grounding of the general cargo vessel FENER, accord...
Genco slams door on Diana’s takeover bid
A takeover tussle is brewing in the US-listed dry bulk space after Genco Shipping & Trading formally rejected a cash buyout approach from Greek peer Diana Shipp...
COSCO seals $2.7bn boxship order spree
COSCO has confirmed a major containership ordering spree, lining up 18 newbuildings worth about $2.7bn as China’s state-run shipping group adds both scale and...
Fugro extends PTSC partnership as Vietnam pushes offshore wind expansion
Dutch surveyor Fugro has extended its memorandum of understanding with Petrovietnam Technical Services Corporation’s subsidiary, PTSC Geos and Subsea Services...
Port Newark orders 20 hybrid straddle carriers from Konecranes
Port Newark Container Terminal (PNCT) has ordered 20 hybrid Konecranes Noell straddle carriers to boost efficiency and cut emissions. The order was booked in Q4...
ABS approves HD Hyundai’s Floating offshore substation design
ABS has granted Approval in Principle (AIP) to HD Hyundai Heavy Industries (HD HHI) for a next-generation floating offshore substation designed for deepwater wi...
Indian Coast Guard inducts Pollution Control Vessel Samudra Pratap
The Indian Coast Guard has inducted ICGS Samudra Pratap, the first of two indigenously built Pollution Control Vessels. The ceremony took place on January 5, 20...
Why Charleston drayage drivers should care about Iran protests
The world’s second-biggest ocean container line continues to test a return to a key Middle East trade route as events in Iran may signal a change for the bett...
2026 Outlook: Spot Market Strategies for Shippers, Carriers, and Brokers
As freight strategies evolve heading into 2026, the spot market is no longer just a last-resort option. It’s becoming a deliberate part of how shippers, carri...
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...
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...