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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...
CSTO May Consider Measures Against Armenia Over Unpaid Fees
The Collective Security Council of the Collective Security Treaty Organization (CSTO) may consider invoking Article 25 of the CSTO charter against Armenia if a corresponding agenda is approved, CSTO Secretary General Taalatbek Masadykov told reporters on the sidelines of the 4th Minsk International Conference on Euras…
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...
Lufthansa Cargo rides airfreight pricing power to stronger yields
Lufthansa Cargo increased its base yields by 14% year on year in the third quarter, with strong demand and constrained capacity supporting pricing power, even as Middle Eastern airlines restored services. Overall yields rose 22%, as the carrier also successfully passed-on higher fuel costs. Adjusted EBIT more than tri…
ONE profits soar, thanks to surging rates and volumes
Ocean Network Express (ONE) has doubled its full-year profit forecasts to $2bn, after more than quadrupling its net profit for the three months to September, amid a surge in rates and volumes. Over the second quarter, July-October for the Singapore-based carrier, net profit hit $1.3bn, compared with just $285m, a year…
Wave of feeder newbuilds could bring a chill to charter rates in 2027
Feeder containership charter rates could face downward pressure in 2027 as a wave of newbuild deliveries adds capacity to a market that has enjoyed strong earnings in 2026. Ship brokerage Intermodal research analyst Vasilis Fousekis noted that the time-charter rate for a 1,700 teu geared feeder had climbed to about $3…
India Sees Some Trade Relief, New Risks After Democrat Sweep
Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer of uncertainty in an already fragile relationship.
Transpacific the most profitable container trade by far, says Alphaliner
Carriers are earning up to $1.30 per nautical mile on spot shipments from China to the US west coast, making the transpacific by far the most lucrative major container trade. Alphaliner’s latest analysis of spot freight revenue per nautical mile highlights the growing gap between the transpacific and other major trade…
Air cargo cashes in on AI boom – but who has the edge?
There is no shortage of companies enjoying the AI boom – from airports to airlines and forwarders, the latest airfreight trend is filling both aircraft and coffers – but companies are now trying to find a way to prove their competitive edge in the market, whether by handling, network, or capacity. Expeditors yesterday…
Schneider picks Norfolk over CSX, you say?
The carrier is changing its primary eastern railroad after 18 years. It could reshape competition for domestic containers – but the volume CSX will lose remains undisclosed, and the UP–NS merger is still only a proposal. The biggest question in Schneider National’s new rail deal is also the one nobody has answered: ho…
Infrastructure can’t cope with pace of pan-American air trade growth
Airport cargo infrastructure, as well as established ways of handling logistics, are being challenged by growing traffic. Airfreight capacity between Latin America and Canada is on the rise, courtesy of Air Canada (AC). Last month, the airline resumed service to Santiago and Lima, serving the Chilean capital with four…
Kyrgyzstan, Georgia Seek Closer Ties in Transport and Tourism
Kyrgyzstan and Georgia are looking to expand cooperation in transport, logistics and tourism following talks between their leaders in Bishkek.
Lady Luck and the lifer: Dan Wall’s Expeditors is on a tear
Stock value at record $206.23 intraday post-interims. Quarterly revenue up 42%, operating profit up 55%. A freight market delivering disruption, scarcity, and an AI infrastructure boom. Expeditors’ new chief executive has produced extraordinary results – however, the real test may be what happens when the market stops…
From the Caspian to Europe: How Baku and Astana Can Build a Stronger Eurasian Partnership
Kazakhstan and Azerbaijan are no longer simply two countries linked by the Caspian Sea. They are increasingly shaping a shared vision of Eurasian connectivity - one that encompasses transport, energy, digital infrastructure, investment and regional diplomacy.
U.S. Coast Guard Detains MSC Cruise Ship in Miami
The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after the vessel remained in port for two...
Qatar’s US LNG Bet Signals a New Energy Order
Turning to your biggest rival is rarely a sign of confidence. Yet Qatar's decision to sign long-term contracts for US supplies suggests the world's second-largest LNG exporter is increasingly concerned that instability in the Gulf could undermine its ambitious expansion plans.
New Jersey Governor Warns Ports Against Handling Russian Diesel
New Jersey Governor Mikie Sherrill is warning port and terminal operators not to accept Russian diesel shipments heading toward the U.S. East Coast, arguing that the Trump administration’s authorization of...
Australia Bans Bulk Carrier Over Repeated Falsification of Crew Rest Records
The Australian Maritime Safety Authority (AMSA) has banned a Marshall Islands-flagged bulk carrier from Australian ports for 90 days after inspectors discovered that crew work and rest records had been...
Kremlin Reveals Details of Preparations for Putin-Trump-Xi Meeting
An exchange of signals confirming readiness to hold a trilateral meeting between Russian President Vladimir Putin, US President Donald Trump, and Chinese President Xi Jinping on the sidelines of the APEC summit in Shenzhen is underway, Kremlin spokesman Dmitry Peskov said, The Caspian Post reports, citing Vesti.
Hapag-Lloyd, ONE Warn Most Cargo Lost in Massive Containership Fire
Hapag-Lloyd and Ocean Network Express (ONE) are warning customers that most of the cargo aboard the fire-damaged containership Espirito Santo Express is likely severely damaged or a total loss, more...
Former USS Enterprise Begins Final Voyage to Alabama for Dismantling
The former USS Enterprise (CVN 65), the world’s first nuclear-powered aircraft carrier, departed Newport News Shipbuilding in Virginia under tow on Monday, November 2, beginning its final journey to Mobile,...
SOCAR, KazMunayGas Discuss Expanding Kazakh Oil Transit Through Azerbaijan
The State Oil Company of the Azerbaijan Republic (SOCAR) and Kazakhstan's national oil and gas company KazMunayGas have discussed expanding cooperation on transporting Kazakh oil through Azerbaijan.