Maritime & Logistics Market

Port connectivity index reveals tumbling crises are engines of change

The Port Liner Shipping Connectivity Index (PLSCI) scrutinised the fine tuning under liner shipping’s bonnet and found that successive crises during this decade have...

Oil supply chains must be restored urgently to avert an energy price crisis

US crude oil exports rose sharply over the first half to replace halted supplies from the Arabian Gulf but the US is unlikely to...

Portonave powers up expansion with new electric cranes

Portonave, the private terminal operated by Terminal Investment Limited (TiL) in Navegantes, in the Brazilian state of Santa Catarina, has received seven electric rubber-tyred...

Indian seafarer killed in Iran tanker strikes, says UAE

One Indian seafarer has been killed and eight Indian and Ukrainian seafarers injured, four of them seriously, in Iranian attacks on two tankers, according...

Trump seeks 20% kickback from Hormuz trade

In the latest escalation of the US-Iran conflict, US president Donald Trump said the blockade of Iranian ports will begin again, and that the...

Orient Overseas Container Line’s (OOCL) liftings on transpacific routes were 608,979 teu, up 21.5% in the second quarter of 2026, compared to the year-ago...

Petronas expands three-decade-long LNG ties with Shizuoka Gas up to 2039

Petronas LNG Ltd. (PLL), a subsidiary of Malaysia’s energy giant Petroliam Nasional Berhad (Petronas), has sealed a new liquefied natural gas (LNG) deal with...

Dutch cable services firm moves closer to Baltic clients with hub in Sweden

WIND, a Netherlands-based company delivering subsea cable logistics, cable recovery, and related services, has opened a cable storage and offshore service hub in Sweden...

Nigeria’s gas ambitions ignite as batch of deals pushes energy security agenda forward

The Nigerian National Petroleum Company (NNPC) has sealed multiple gas agreements to unleash Nigeria’s gas aspirations as a catalyst for industrial growth and enhance...

Karpowership-backed Kinetics kicks off work on flagship high-capacity FSRU

Kinetics, a Karpowership initiative, has embarked on the construction of the first in its series of planned next-generation floating storage and regasification units (FSRUs)...

Nakilat has confirmed that its Al Rekayyat liquefied natural gas (LNG) carrier (LNGC) was struck by a projectile while transiting the Strait of Hormuz...

CMES forecasts up to 248% profit surge on tanker super-cycle

China Merchants Energy Shipping (CMES) projects its operating revenue for the first six months of 2026 will range from RMB18.7bn ($2.60bn) to RMB20.6bn, representing...

Maersk has taken another step in its return to the Red Sea with the announcement that its MECL service will once again transit the...

Another contract extension with Ocean Installer for Solstad’s advanced CSV

Norway’s Solstad Maritime has secured a contract extension with compatriot marine construction and operations player Ocean Installer, part of the Moreld Group, for an...

Hengli Heavy Industry bags 207 newbuild orders in H1

Hengli Heavy Industry enjoyed a very strong first half of 2026, securing a staggering total of 207 newbuilding contracts that span the full range of...

SAAM Towage building four new tugs for Brazil fleet

SAAM Towage signed a contract with the Brazilian Belov shipyard for the construction of four new tugboats.  This project is part of the company's strategy for...

Norden ups profit forecast, chartered vessels exit Hormuz

Danish shipowner Norden has upped its profit guidance for 2026 to a range of $120 - $190 million powered by dry bulk markets. The new...

Wallenius Wilhelmsen trials Oceanbird wing sail at sea

Oceanbird, a wind propulsion joint venture between Alfa Laval and Wallenius Lines, announced the successful installation and sea trial of its Wing560 on a...

AP Moller Holding buys ship lessor Ocean Yield from KKR

AP Moller Holding, parent company of the AP Moller Group and Danish shipping giant Maersk, has announced the acquisition of ship leasing company Ocean Yield from private...

For years, indigenous shipowners in Nigeria have anticipated what many regard as the maritime sector’s long-awaited “lifeline” — the Cabotage Vessel Financing Fund. ...

In a bid to give succour to shipowners, the Federal Government unveiled the Cabotage Vessel Financing Fund application portal in January 2026, which made...

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