Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British Ports (ABP) to a fund managed by IFM Investors, in a deal expected to close in the first half of 2027.Under the agreement announced on October 21, CPP Investments will sell its entire 33.9% holding, while OMERS will dispose of its 30% stake in the UK ports operator.IFM Investors is a global asset manager…
Euronext wheat fell on Thursday after a four-day rally as an Algerian import tender pointed to competition from Argentina, while more peace talks planned between Russia and Ukraine kept attention on eventual de-escalation in the Black Sea export zone…
'Between January and October 2026, dry bulk ship recycling fell 36% y/y to 3m DWT, its lowest level in 18 years. Only 70 ships were recycled, primarily smaller ships in the handysize and supramax segments, as strong freight rates have extended the operational lives of older ships…
Greece's Piraeus Port Authority on Tuesday reported lower revenue and profit for the first nine months of 2026, citing a reduction in container and cruise activity, though it said container handling showed signs of recovery in the third quarter…
Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment problems in the Black Sea and high demand for safe-haven assets such as gold…
Ports of Indiana-Burns Harbor has been awarded $11.2 million through the U.S. Department of Transportation's Maritime Administration (MARAD) Port Infrastructure Development Program (PIDP) to modernize its cargo handling, including the specialized…
The American Association of Port Authorities (AAPA) congratulates the 35 award recipients of the Maritime Administration's (MARAD) Port Infrastructure Development Program (PIDP) grants from the Fiscal Year 2026 (FY26) application cycle.This year…
Broward County’s Port Everglades has been awarded $30.75 million through the Maritime Administration (MARAD)’s Port Infrastructure Development Program (PIDP) in an announcement made today by U.S. Transportation Secretary Sean P. Duffy. The grant…
Asia's imports of liquefied natural gas are likely to rise to a three-month high in October despite the surge in spot prices to the most in almost four years.October arrivals in the top-importing region are estimated at 23.31 million metric tons…
Windward intelligence report highlights tanker and tug attacks, threats to subsea cables, an emerging oil spill and a sanctioned Russian tanker testing U.S. naval restrictions.Maritime security risks across the Strait of Hormuz, Arabian Gulf…
Russian wheat export prices rose last week amid a firmer Black Sea market, while increased grain shipments helped halt a decline in domestic prices, analysts said.Consultancy IKAR said that, by the end of last week, export prices for wheat with 12…
Key findingsComparing schedule versions received from 18 September to 8 October 2026, HiFleet found that Shanghai calls remain a key focus of service revisions by several liner operators, and that reinstatements continue to outnumber omissions…
Marsa Maroc has selected a Liebherr LPS 550 portal slewing crane for bulk cargo operations at the Port of Casablanca, marking the first deployment of Liebherr's LPS crane series in Africa.The rail-mounted crane, which is set to enter service at the Moroccan port…
Crowley and Junior Achievement Americas (JAA) are expanding career opportunities for students in Puerto Rico, helping connect young people with careers in maritime transportation, logistics and supply chain management vital to the island's economy…
Russian wheat export prices fell last week in line with global markets, and analysts are revising their estimates for shipments from Russia in September upwards, although they remain at multi-year lows.According to consultancy IKAR, export prices for wheat with a 12…
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