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Ammonia-Powered Bulk Carrier Takes on Green Fuel in Australian First
Australia has completed its first green ammonia bunkering operation involving an ammonia-powered bulk carrier, marking another step toward bringing alternative fuels into commercial shipping. The operation took place earlier this...
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...
PortXchange Enhances EmissionInsider to Transform Port Emissions Management
PortXchange expands EmissionInsider with new multimodal monitoring, emissions forecasting, and scenario modeling features to help ports make better operational and investment decisions. Ports have spent years improving how they calculate and report emissions. However, knowing how much a port emitted last year does lit…
ONE Ends Slot Charter with Maersk on Qilin Service; AUX Brand Exits China-Australia Route
Ocean Network Express has ceased its slot charter arrangement on Maersk's Qilin service, according to a report by Container News citing DynaLiners. As relayed by Wedoany, ONE joined the China-Australia trade lane in July of this year on a slot charter basis, remaining on the service for approximately four months befor…
Asia-Europe and Trans-Pacific Shipping Rates: Current Trends and Challenges
November 1 marked a significant date for synchronized rate increases across Asia-Europe and trans-Pacific trades, but results fell short of expectations. Rates on the Europe trade barely moved, while trans-Pacific softening began earlier, highlighting varying conditions across trade lanes. The gap between announced an…
Major Shipping Alliances Reestablish Suez Canal Operations Amid Recovery
The reopening of the Red Sea has reached a critical milestone, with all four major shipping alliances - Gemini, Ocean Alliance, Premier Alliance, and MSC - resuming operations via the Suez Canal. Premier Alliance, previously cautious, has now confirmed its return with vessel-specific schedules, completing the transiti…
Maersk Resumes ME1 Service via Suez Canal, Enhancing Red Sea Connectivity
On 2 November, Maersk announced that it and Hapag-Lloyd had implemented a structural adjustment to the ME1 service under the Gemini Cooperation network, redirecting the route from the Cape of Good Hope back through the Suez Canal. The ME1 service connects India and Europe, and following the adjustment, its port rotati…
Maersk Implements Temporary Booking Restrictions at Key Middle East Ports
Maersk has announced temporary adjustments to booking acceptance and cargo routing at selected Middle East ports, citing sustained disruption in the vicinity of the Strait of Hormuz compounded by regional port congestion. The affected locations include Khor Fakkan and Fujairah on the UAE's east coast, as well as certa…
Japan Implements Anti-Dumping Duties on Chinese and Taiwanese Steel Products
Japan has officially announced anti-dumping duties on nickel-based stainless steel cold-rolled strip and plate from mainland China and the Taiwan region. Effective October 31, 2026, these duties range from 27.7% to 42.1% for Chinese products and 3.6% to 20.1% for Taiwanese products. This decision follows Japan's multi…
CMA CGM Implements $35 per TEU War Risk Surcharge for Black Sea Shipments
CMA CGM will apply a $35 per TEU (twenty-foot equivalent unit) war risk surcharge to container shipments to and from Black Sea countries starting November 9, 2026. The surcharge covers all cargo categories. The company attributes the decision to deteriorating security conditions in the region and the rising cost of ma…
Port Houston Initiates Independent Study for Houston Ship Channel Deepening
Port Houston will conduct its own study of portions of a potential Project 12 to deepen the Houston Ship Channel. The port is also continuing to assess a container terminal expansion north of Barbours Cut as it plans for container capacity needs over the next decade. The move adds a port-led track to channel planning …
Shmyhal says Black Sea–Caspian links could open new trade and energy routes
Reliable links between the Black Sea and the Caspian Sea could open new opportunities for trade and energy shipments, Ukrainian Energy Minister Denys Shmyhal said, Report 's Eastern European bureau informs. Shmyhal, who co-chairs the Azerbaijan–Ukraine Intergovernmental Commission, was speaking at the opening of its 1…
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.
Russia and Iran sign documents on Rasht–Astara railway project
Russia and Iran have signed a package of documents on the construction of the Rasht–Astara railway, Russian Deputy Prime Minister Andrey Nikitin told reporters, Report informs, citing Russian media. Nikitin said Russia's Caspian Services and Iran's CDTIC signed a protocol in Tehran granting access to land along the en…
Germany proposes €100 million in additional aid for Ukraine's infrastructure
Germany is proposing an additional €100 million ($113 million) to help Ukraine repair its water, energy and transport infrastructure and better withstand intensifying Russian attacks, Report informs, citing Reuters. In a letter to parliament's budget committee, Germany's Finance Ministry said the money would supplemen…
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...
UZMAR Shipyard Celebrates Keel-Laying of Four Advanced Tugs for ExxonMobil
KOCAELİ: UZMAR Shipyard held the keel-laying ceremony for four RAmpage 6000DE diesel-electric powered offshore terminal support tugboats. The tugboats are being constructed for SMIT Lamnalco and will operate in ExxonMobil's offshore terminal operations in Guyana. "The tugboats under construction were inspected on-site…
Urban Outfitters seeks material cost visibility from expanded technology suite
The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.
Sites of Memory of Western Azerbaijan: Khalaj, an Ancient Turkic Village in Zangezur
A study on the history of Khalaj, an Azerbaijani village in present-day Armenia that was left deserted after its Azerbaijani residents were driven out in the late 1980s, has been published as part of the "Sites of Memory of Western Azerbaijan" project. Report informs that the article was published in The Perished Civi…
The Hidden Liabilities In Maritime Acquisitions
What Buyers, Sellers and Investors Often Miss During Due DiligenceBy Sabrina Brigance, CMIP, Managing Director, Marine Practice, Hylant Maritime mergers and acquisitions can create significant opportunities for growth. Private equity...
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.
Azerbaijan's Nakhchivan holds significant potential for solar energy, tourism, says British ambassador
The Nakhchivan Autonomous Republic (NAR) has significant potential for developing solar energy and tourism, British Ambassador to Azerbaijan Duncan Norman said during his visit to the region, Report informs. According to the ambassador, cooperation between the UK and Azerbaijan, particularly with Nakhchivan, is develo…
Azerbaijan's chief veterinary inspector outlines fish export requirements
Veterinary oversight is essential when transporting and exporting fish products, said Galib Abdulaliyev, Azerbaijan's chief veterinary inspector and head of the Food Safety Agency's Animal Health and Biosafety Department. Report informs that Abdulaliyev was speaking at the first Azerbaijan Regional Aquaculture Forum i…
Logitech launches supply chain decarbonization program
The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.
Azerbaijan to subsidize aquaculture equipment purchases from 2027
Azerbaijan plans to provide subsidies to fish farming and aquaculture enterprises for purchasing equipment starting January 1, 2027, Elnur Musayev, deputy chairman of the Agrarian Credit and Development Agency (AKIA) under the Ministry of Agriculture, announced at the First Regional Aquaculture Forum in Baku, Report i…
Georgia offers more than 400 services through unified government portal
Georgia is developing digital platforms and mobile service centers to make public and private services more accessible, Georgian Deputy Justice Minister Lana Morgoshia said. Report informs that Morgoshia was speaking at the UN Governance Innovation Summit in Baku. She said more than 600 public and private services wer…
Azerbaijan proposes six-year VAT exemption for agricultural machinery
Azerbaijan has proposed exempting sales of agricultural tractors and imports of their spare parts from value-added tax (VAT), as well as customs duties, for a period of six years starting January 1, 2027. According to Report , the proposal is included in a draft law on amendments to the Tax Code. The document is part …
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.