DP World has launched its first global seagrass restoration initiative on Geoje Island in South Korea, supporting efforts to restore 2.4 hectares of coastal marine habitat over the next four years and enhancing marine biodiversity. The initiative in South Korea was formalized through a Memorandum of Understanding (MOU) between DP World, Korea Green Foundation and the Korea Fisheries Resources Agency (FIRA)…
While bombs are falling in the Middle East, EU Member States continue to export live animals to the region, with the European Commission (EC) refusing to be held accountable, says the Eurogroup for Animals, the French animal welfare organization…
The Port of Brownsville welcomed business leaders, elected officials, industry partners and community stakeholders to its annual State of the Port Address on Thursday, June 11, at the Rancho Viejo Conference Center.During the event, the Brownsville…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
ANTWERPEN was delivered to EXMAR, the Belgian gas shipowner and infrastructure developer, a ship powered by WinGD’s X52DF-A ammonia-fueled engine, reported to be the world’s first ocean-going ship designed to operate on ammonia fuel.The achievement is the result of a collaboration between WinGD…
China's trade in major commodities in May underscored that price moves are the primary driver of changes in flows in the world's biggest buyer of natural resources.The headline-grabbing number from customs data was the collapse in crude oil imports to an eight-year low of just 7…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal’s full operational launch later this year.His Excellency Lieutenant-General Eng…
The Australian Trasport Safety Bureau (ATSB) has published an interim report from its ongoing investigation into the breakaway of four ships during a storm at the Port of Brisbane last year.Three large container ships broke their moorings, and one subsequently grounded…
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures LCOc1 fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2…
The Maritime and Port Authority of Singapore (MPA) and MSC Mediterranean Shipping Company have signed a Memorandum of Understanding (MoU) to strengthen collaboration in maritime decarbonization, digitalization, innovation, and manpower development…
Brazil's wheat imports are forecast to grow in 2026 as its own crop area declines due to higher costs linked to the Iran war and uncertainty over the impact of an expected El Nino weather event, industry experts said.While imports will grow…
In response to the increase in reported cases of seafarer abandonment, the World Maritime University (WMU) has launched a large-scale research initiative titled Seafarer Abandonment: A focused investigation into regulatory implementation.Funded by The TK Foundation…
Inchcape Shipping Services has opened a new office in Brunei Darussalam, expanding its presence in Southeast Asia and targeting offshore, naval and logistics operations in the country.The company said the Brunei office will initially focus on offshore services…
Maersk has announced the launch of FI2, a new dedicated ocean service connecting Far East Asia to the Indian subcontinent, with the first Westbound sailing departing Shanghai on June 4.The service has been introduced in direct response to growing…
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
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