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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…
The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.
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...
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.
Uzbekistan is considering upgrading the Olot border crossing with Turkmenistan, including a new bridge and changes to freight transport procedures.
The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.
Cristiano Ronaldo has announced that November’s matches will be his last for Portugal, ending a 23-year international career with 234 appearances and 146 goals.
Customs officers at Tashkent International Airport uncovered attempts to smuggle undeclared jewellery weighing around 691 grams and valued at over 1 billion soums.
Uzbek customs officers found 613 nicotine pouches concealed beneath confectionery products in a Damas vehicle. Their estimated value is 65 million soums.
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.
The General Court of the European Union annulled the complete removal of the recognition status of the Russian Maritime Register of Shipping (RMRS) in Europe, deeming it disproportionate. However, financial sanctions against the Russian entity and the ban on the entry of the ships it certifies into EU ports will remai…
Uzbekistan plans to list shares in five companies, including Uzbekistan Airways and SQB, from the National Investment Fund’s portfolio in 2027–2028.
The Turkish-flagged tugboat AYAZ BEY, which was towing a damaged tanker off the coast of Ukraine, collided with a vessel while operating off the coast of Romania near Neptun. Following the accident that occurred on November 4, 2026, a search and rescue operation was initiated in the area, and it was reported that all …
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...
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...
As trans-Pacific freight rates continue to soften, liner carriers are intensifying their investment in transit-time performance. On 30 October, ZIM announced the launch of ZX3, a new service linking Shanghai and Xiamen directly with Los Angeles. Operated exclusively by ZIM, ZX3 is scheduled to commence operations in D…
A potential strike by port security personnel at two of the United States' largest container hubs - the Port of Los Angeles and the Port of Long Beach - has been temporarily averted. On October 30, the Pacific Maritime Association, representing port employers, reached an agreement with ILWU Local 26 to extend the nego…
According to Sea-Intelligence data, the Gemini Cooperation network formed by Maersk and Hapag-Lloyd recorded an average schedule reliability of 68.4% in August and September, marginally below Mediterranean Shipping Company's 68.9%, as port delays at several major hubs weighed on performance across both carriers. The g…
Wan Hai Lines issued an official notice on 29 October, announcing the launch of a new service designated CI8 (China India Service 8). Deploying vessels in the 2,800-3,000 TEU range, the service operates on a 35-day rotation and is scheduled to commence in late November 2026. CI8 is designed to connect Vietnam, South C…
COSCO SHIPPING Ports reported strong results for Q3 2026, reflecting steady growth in throughput and revenue. The company's total throughput reached 42.27 million TEUs, an 8.4% year-on-year increase, while equity throughput rose 8.1% to 12.88 million TEUs. Revenue for the quarter reached USD 484.33 million, up 13.0% y…
Nearly 85,000 TEU of container capacity is currently waiting outside Durban, while arrival and departure delays remain above five days. Port congestion at Durban, South Africa's principal container gateway, remains severe. Container vessels continue to face prolonged waiting times, significant schedule delays, and a s…
The 2026 Global Ocean Development Forum was held recently in Qingdao, a coastal city in east China's Shandong Province. At the event, organizers released two major marine economy reports, unveiled new global marine environmental monitoring datasets, and launched an international initiative on ocean public welfare. The…
Qingdao Port International Co., Ltd. reported a 3.2% growth in cargo throughput for the first nine months of 2026, confirming continued operational expansion at one of northern China's principal maritime gateways. Despite this positive operational result, the company's shares have declined by 5%, separating the port's…
CMA CGM launched its first dedicated full-block train service between the Port of Mombasa and the Nairobi-Embakasi Inland Container Depot on October 28. The move strengthens the group's inland logistics capabilities in Kenya and provides cargo owners with a scheduled rail link from the coast to the country's capital. …
Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”
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...
Karshi plans to concrete the Chap Tarmoq canal and develop nearby public spaces, improving irrigation for 1,400 hectares and creating recreation areas for local residents.
Karshi plans to build a new kindergarten for 360 children and fully renovate School No. 43, including upgrades to heating, classrooms and laboratories.
The Energy Department’s Battery Manufacturing Accelerator aims to plug gaps in domestic material and component supplies over the next few years as U.S. battery demand looks set to quadruple.
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.