Rio Tinto Adds 41,800 dwt Simandou Transhipper
Rio Tinto's Simandou iron ore now moves via Wontanara, the first of five 41,800 dwt transhipment vessels built for the Guinea run.
RSGT Opens $170m Patenga Container Terminal in Bangladesh
Red Sea Gateway Terminal has launched Patenga Container Terminal in Bangladesh, a $170 million Saudi-backed bet on Chattogram.
Pallet CEO: Custom AI Cuts Logistics Costs 70%
Custom AI models built for one carrier's data can cut logistics execution costs by 70-80%, says Pallet CEO Sushanth Raman.
Jingye Demands UK Payout Over British Steel
Jingye Group wants compensation from the UK over the British Steel takeover, and steel shippers are watching freight flows closely.
728 Tankers Crowd Hormuz as Strait Tensions Flare
AXSMarine's live tracker logged 728 tankers around the Strait of Hormuz, and 123 of them are VLCCs sitting in the risk zone.
Intermodal: LNG Disruptions Lift Coal Demand
Coal cargo demand is climbing as Middle East tensions keep LNG flows unstable, and dry bulk shipping rates are following.
Baltic Dry Index Falls 2.9%, Capesize Down 5.1%
The Baltic Dry Index slid 2.9% to 2,671 on Monday, its weakest reading since July 2, dragged down by a 5.1% drop in capesize rates.
Marine Group Wins Catalina Express Ferry Build
Marine Group Boat Works has won the contract to build a low-emissions ferry for Catalina Express at its Chula Vista shipyard.
10 Killed in Missile Strike on Odesa Corn Ship
A Russian missile strike on a corn ship near Odesa killed 10 people, pushing Black Sea war risk premiums higher for grain shippers.
Russian Wheat Export Prices Jump on Black Sea Risk
Russian wheat export prices are climbing again as Black Sea shipping risk builds and July loading forecasts keep sliding lower.
Lone Star State Christened as 4th of 5 NSMVs
Texas A&M christened the Lone Star State, the fourth National Security Multi-Mission Vessel and a ready-made disaster sealift ship.
Amphitrite Hires War Underwriter for Marine Risk | CalculateCBM
Amphitrite's new war underwriter hire points to more marine war risk capacity for shippers routing through contested waters.
Wärtsilä and Carnival Sign 8-Year LNG Lifecycle Deal Covering Four Cruise Ships
Wärtsilä and Carnival's 8-year LNG lifecycle agreement covers four cruise ships, two still in the yard, with engine uptime priced upfront.
COSCO's PCT Wins Two Greek Economy Awards
COSCO's Piraeus Container Terminal took two national awards for sustainable growth, a signal for shippers weighing EU gateway ports.
APAC-Europe Air Cargo Falls 15% Year on Year
APAC-Europe air cargo volumes dropped 15% year on year, with ex-China tonnage sliding and Hong Kong exports still falling.
TIACA Names Mammen Tharakan Director General
TIACA has a new director general: Mammen Tharakan takes over from Glyn Hughes in August, with air cargo growth and policy on his desk.
Seacon Orders $66m Bulker Pair at Tsuneishi Yard
Seacon Shipping has ordered two bulk carriers worth $66m at Tsuneishi Zhoushan, and neither ship hits the water before 2028.
Balenciaga Shipyard Restarts Under AD Ports Ownership
Balenciaga Shipyard is building ships again after AD Ports' SAFEEN Drydocks bought the Basque yard and laid the keel on vessel one.
IMCA Appoints Natalie Carroll to Lead Training
IMCA has appointed Natalie Carroll as Head of Competence and Training, a role that shapes who is certified to crew offshore jobs.
Diana Ultramax Rate Jumps 30% to $18,350/Day
Diana Shipping's ultramax charter rate jumped nearly 30% in the switch to Fednav, and dry bulk charterers should take note.