DSV names Maciej Walenda as new contract logistics CEO

Hopes Fade for Bright Start of 2026 for Ship Recyclers

The Baltic Exchange Dry Index halted a nine-session slide to mark a 2.3% U-turn, climbing to 1,567 points, reports cash buyer GMS. This was driven by gains across segments: Capes (up 2.3%),

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Tugboat Polar King Back After Vessel Overhaul

The formerly retired tugboat Polar King is back on the water thanks to the hard work of the Alaska Marine Lines team and many others throughout the Lynden companies. The 50-year-old tugboat

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Brazil Beef Exports Projections Released

Brazilian beef exports will remain stable in 2026 compared with last year, beef lobby ABIEC said on Monday, projecting shipments between 3.3 million and 3.5 million metric tons this year.That compares with

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Leonardo Chairman Floats Possible Future Merger with Fincantieri

The chairman of Italy's Leonardo on Monday floated the idea of a future combination between the defence and aerospace group and state‑controlled shipbuilder Fincantieri.Speaking at a conference at Milan's Bocconi University, Stefano

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India, UAE Sign $3b LNG Deal, Boost Trade and Defense Ties

India signed a $3 billion deal on Monday to buy liquefied natural gas from the United Arab Emirates, making it the UAE's top customer, as the leaders of both countries held talks to strengthen

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UK-Led Maritime Consortium Unveils Plan for Nuclear-Powered Shipping

A U.K.-led maritime consortium has set out plans to develop international standards for nuclear-powered commercial ships, as Britain seeks a leading role in efforts to decarbonize global shipping.The Maritime Nuclear Consortium, convened

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Landmark Contract Inked on Autonomous Nav

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, signed a landmark agreement with HMM, South Korea’s leading national carrier, to supply its AI-based autonomous navigation solution, HiNAS Control, to 40 vessels.This agreement…

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Saipem Launches Drilling Training Center with Full-Scale Simulator

Saipem has launched a new Drilling Training Centre featuring a full-scale simulator designed to provide immersive, hands-on training for drilling personnel.The center is accredited by the International Well Control Forum, a global

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Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The