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U.S. Representative Lisa McClain Recognized as a Great Lakes Champion

Aug 20, 2025

On Monday, August 18, 2025, the Great Lakes Maritime Task Force (GLMTF) recognized Michigan Congresswoman Lisa McClain for her efforts advocating for the Great Lakes Navigation System and those who live and work on or near the Fourth Sea Coast.'It is an incredible honor to be recognized as Legislator of the Year by the Great Lakes Maritime Task Force. The Great Lakes are not only a vital economic engine for our region…

China's Hold on Global Ports focus of Trump Administration

Sep 16, 2025

U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U…

APM Terminals to Accelerate Port Development in Andhra Pradesh

Aug 24, 2025

The Government of Andhra Pradesh in India has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller – Maersk Group, to accelerate port and terminal development in the state.Andhra Pradesh is positioning itself as a logistics hub on India’s east coast…

$1 Billion Fine for X-Press Pearl Disaster

Aug 18, 2025

The Supreme Court of Sri Lanka has found the owner, operator, and local agent of the container ship X-Press Pearl liable for environmental and economic damage caused by the 2021 fire and sinking of the vessel.The ship's registered owner, EOS Ro Pte…

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

Aug 14, 2025

The Pasha Group, together with The Northwest Seaport Alliance (NWSA), announced Pasha Logistics LLC’s acquisition of certain assets of MacMillan-Piper LLC and Tacoma Transload LLC. The expansion follows the successful completion of an asset…

Lloyd’s Register Expands Advisory Services to Meet Complexity of Ports Sector

Aug 13, 2025

Lloyd’s Register (LR) Advisory has expanded its ports team and invested in expertise and leadership to launch LR Ports Advisory, a new center to support ports as they address the many interconnected challenges faced today.Geopolitics, sustainability…

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Aug 04, 2025

Panama's maritime authority (AMP) said on Monday it has launched a process to cancel the registrations of 17 vessels included in a list of sanctions from the U.S. Treasury's Office of Foreign Assets Control (OFAC).'The AMP has tightened its…

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Jul 31, 2025

Public-private partnerships could take over two key ports near the Panama Canal if courts invalidate a contract with Hong Kong-based CK Hutchison's to operate them, Panama's President Jose Raul Mulino said on Thursday.CK Hutchison holds a 90% stake in the local Panama Ports Company…

As China's Economy Slows, So Too Does Dry Bulk Shipping

Jul 31, 2025

“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

Jul 30, 2025

Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…

CK Hutchison Port Sale Could Be Win For Beijing, But US Resistance Remains

Jul 29, 2025

The proposed inclusion of Chinese shipping giant COSCO in Hong Kong conglomerate CK Hutchison's contentious global ports sale is a potential win for Beijing in a strategic sector, but the deal is far from final and could face resistance from Washington…

Tilla Secures $2.3m to Grow Maritime Crew Logistics Platform

Jul 29, 2025

Tilla, a Berlin-based maritime tech startup, announced the successful closing of a USD$2.3 million (€2 million) funding round designed to accelerate the global expansion and innovation of its crew logistics platform. The round is led by global maritime venture capital firm Motion Ventures…

Current News

Yinson Production Nets DNV Approval for New FPSO Hull Design

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

Brownfield Output Decline Accelerates, says IEA

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

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