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Kyrgyzstan's SMEs expand contract work, trade and cargo transport in 2025

LA Port Strike Threat Deferred Again As Labor Talks Drag On

By Laura Curtis Nov 7, 2026 (Bloomberg) –The union representing about 250 security workers at the US’s busiest ports agreed to continue negotiations on a new labor contract for two more...

Soaring Freight Rates Give US Refiners Edge As Crude Discounts Widen

By Vallari Srivastava and Sumit Saha Nov 6 (Reuters) – The Iran conflict has sent tanker rates soaring, forcing sellers to deepen discounts on heavy crude grades and giving US Gulf Coast...

EU Lawmakers Push Back Against Approval of Indian Ship Recycling Yards

A European Parliament committee has voted to oppose the approval of two Indian ship recycling yards, dealing a setback to shipping industry efforts to expand access to South Asia’s shipbreaking...

Hapag-Lloyd Acquires 25% Stake in Maersk’s Maasvlakte II Terminal in Rotterdam

German container shipping giant Hapag-Lloyd has completed its acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, strengthening its ties with Maersk at one of Europe’s most...

Hazar Logistik, Gebrüder Weiss discuss cargo transit via Turkmenbashi port

Kazakhstan to Hold Biennial Symposia on Al-Farabi and Yasawi Heritage, Vice President Says

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan will hold an international symposium dedicated to the intellectual heritage of medieval philosopher Abu Nasr Al-Farabi (870-950) and theologian Khoja Ahmed Yasawi (1094-1166) on a rotating basis every two years, Vi…

Finland Sees Continued Demand for Icebreakers Despite Warming Winters, Citing Security Concerns

Finland expects to operate at least as many icebreakers in the coming decades as it does today, despite rising temperatures and declining average ice coverage in the Baltic Sea. This is the conclusion of a new government-commissioned report that also highlights growing security requirements and changes in the commerci…

Capital Tankers scores up to $82m suezmax fixture

Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…

JanaPort Jet Enters Kazakhstan’s Aviation Fuel Market

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – A new player has entered the regional fuel market – JanaPort Jet. Kazakh businesspeople Rakhman Asambayev, Kanat Kopbayev and Orazkhan Karsybekov established the company with equal ownership, representing the Jupiter Jet and …

MARAD Approves $1 Billion Offshore Crude Oil Export Port Off Louisiana

The Trump administration has approved a $1 billion offshore crude oil export project off the coast of Louisiana, clearing a major regulatory hurdle for a facility designed to load some...

War Comes to NATO’s Black Sea Coast, and Shipping Starts Saying No

Maritime experts warn that the westward spread of attacks between Russia and Ukraine, toward NATO coastlines, is now having commercial consequences.

IMO Backs Dominguez for Second Term Amid Shipping Attacks and Climate Deadlock

The International Maritime Organization (IMO) Council has backed Secretary-General Arsenio Dominguez for a second four-year term, extending its support for his leadership despite the organization’s failure to adopt its landmark...

Maersk’s 26-Ship LNG Order Adds Nearly Half a Million TEU to Newbuilding Pipeline

A.P. Moller-Maersk is pressing ahead with one of its largest containership ordering programs in years, confirming in its third-quarter earnings report that it has ordered 26 LNG dual-fuel vessels with...

France Extends Maritime Patrol Plane’s Stay in Black Sea After Cargo Ship Attacks

A French maritime patrol aircraft deployed to Romania to bolster surveillance after a series of deadly strikes on merchant ships in the Black Sea on the edge of NATO's eastern flank will extend its stay by several weeks, its commander said on Thursday.

Narxoz Conference Explores Central Asia’s Path to Stronger Regional Cooperation

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Central Asia’s role in shaping global governance, strengthening regional cooperation and advancing sustainable development was the focus of an international conference hosted by Narxoz University on Nov. 4 in Almaty, the univ…

Maersk Slides as Upgraded Guidance Is Lower Than Anticipated

AP Moller-Maersk A/S shares slumped after a guidance upgrade and third-quarter earnings from the world’s second-largest shipping line fell short of analyst estimates.

Kazakhstan Advances in Global Digital Rankings as AI Infrastructure Expands

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has improved its standing in several international digital development rankings, with progress in artificial intelligence readiness and e-government services highlighting the country’s growing role in the global te…

Evergreen’s Suez return leaves Zim increasingly isolated

The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …

Kazakhstan Strengthens Export Push with New Istanbul Trade Office

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has opened a QazTrade office in Istanbul to help domestic manufacturers enter the Turkish market and find business partners in other countries, Kazinform reported on Nov. 4. A new Qaztrade office is located in Ista…

Maersk upgrades profit outlook despite underperforming rivals

Maersk has raised its full-year earnings guidance for the third time this year, with the Danish shipping giant continuing to benefit from extraordinary freight rates, resilient cargo demand and widespread supply chain disruption. The Copenhagen-headquartered group now expects underlying EBITDA of between $14bn and $14…

Propspeed Joins RightShip’s Zero Harm Innovation Partners Program to Support More Efficient and Sustainable Vessel Operations

Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...

Coast Guard Looks to Commercial Icebreakers to Keep Northeast Ports Open This Winter

The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...

Transpacific emerges as liner shipping’s golden trade

The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via the Cape of Good Hope. New analysis from Alphaliner shows that the extraordinary st…

Vance Blames His Own Administration’s Iran War for Republican Defeat

Vice President JD Vance on Wednesday blamed Republicans’ midterm election losses on the Trump administration’s eight-month war with Iran, which has driven up global energy prices and left commercial shipping...

Idan Ofer turns to Japan for boxship quartet

Idan Ofer’s Eastern Pacific Shipping (EPS) has been linked to an order for four midsize containerships at Japan’s Imabari Shipbuilding, marking a rare Japanese addition to its extensive newbuilding programme. Shipbuilding sources have identified the Singapore-based owner as the buyer of the quartet, which would take i…

Tokayev Meets Network School Founder, Welcomes Launch of Kazakhstan Branch

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – President Kassym-Jomart Tokayev met with Balaji Srinivasan, founder of Network School, to discuss cooperation in technology, education and innovation, reported the presidential press service on Nov. 4. From L to R: Balaji Sri…

Cameroon’s Gulfcam taps new chief to drive Camship expansion

Cameroon’s Gulfcam is pursuing plans to acquire six vessels to expand its coastal container shipping operations between Kribi and Douala, with a former Camship executive taking charge of the business. Bernard André Ndengue took over as chief executive on November 1, replacing Albert Roger Boum, who stepped down last m…

Samudera taps Yangzijiang yards for boxship duo

Singapore-listed Samudera Shipping Line has ordered two containerships in China, adding 6,000 teu of capacity to its newbuilding pipeline. The Indonesian-controlled carrier disclosed in a filing that it had signed shipbuilding contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi-Mitsui Shipbuilding, both …

TS Lines adds $246m boxship brace in China

Taiwanese liner operator TS Lines has returned to Shanghai Waigaoqiao Shipbuilding (SWS) for another pair of containerships in a deal worth $246m. The Hong Kong-listed carrier has contracted two 11,000 teu vessels at the CSSC-controlled yard, together with China Shipbuilding Trading, paying $123m apiece. The ships are…