Jones Act Waiver Extension Continues to Support US Coastal Shipping
The Jones Act waiver, in effect for months, has been extended to continue supporting US coastal trade.
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The Jones Act waiver, in effect for months, has been extended to continue supporting US coastal trade.
GEA and DNV launch a three-year partnership to build a global ethanol database and provide ongoing research and updates
Global seaborne iron ore trade saw a 3.5% increase in loadings during 2025, signaling strong demand.
Klaveness Combination Carriers reported strong Q2 2026 financials, with EBITDA of USD 38.5 million and profit of USD 20.8 million.
Eastern Pacific Shipping is expanding its deployment of Orca AI's maritime operations platform following a successful pilot
Ernst Russ AG reported strong financial results for H1 2026, driven by strategic fleet diversification and modernization.
Iraq's 2027 budget will dedicate $15 billion to existing stalled projects, with no new initiatives planned
A report by Congressional Democrats suggests Donald Trump's oil and gas stock holdings increased by up to $15.5 million amid the Iran war
Global crude oil prices are nearing $90 per barrel, prompting warnings from analysts about potential demand destruction.
European natural gas prices stabilized as new US sanctions on Iran did not immediately disrupt supply, pausing a rally
South Korea's coastal shipping sector requires greater government support to address an aging fleet, financial losses, and labor shortages
Indonesian metallurgical coke producers are facing output reductions and shipment delays due to water rationing at Morowali Industrial Park
Germany's Q2 2026 GDP growth was revised to 0.3%, with exports serving as the main economic driver.
Hong Kong's exports hit a record $672.5 billion in July 2026, a 50.7% year-on-year surge, though growth eased slightly

Kongsberg Maritime will provide an integrated technology suite for a new deepwater installation vessel.

ClassNK's new AI assistant, Survey Compass, aims to simplify survey operations for shipowners and management companies

McDonough Marine Service has expanded its fleet with the MARMAC 3080, a 300-foot deck barge available for charter

Trimble introduces Arc Agent, an AI tool to integrate with TMS and third-party apps for enhanced data processing

Turkey could face natural gas supply challenges if the US escalates sanctions targeting Iran's economy

SpaceX plans a $100 billion launch facility on Louisiana's Gulf Coast, intending to support thousands of annual launches

Russian forces reportedly struck five vessels and port infrastructure in Ukraine's Black Sea ports of Pivdennyi and Odesa.

Tanker rates for Russian Urals crude shipments to India have risen sharply due to strong vessel demand and security risks

The USS Abraham Lincoln aircraft carrier is set to dock in Thailand next week after a lengthy Middle East deployment.

Iran and Oman have unveiled a framework to restore safe navigation in the Strait of Hormuz, including a temporary shipping corridor.

ACL Airshop and Atlas Air have signed a long-term agreement for ULD management, MRO, and digital tracking services.

The TIACA Air Cargo Forum 2026 will underscore air cargo's vital role in global logistics for time-critical and high-value shipments.
An oil tanker was struck by an unknown projectile off Oman, causing engine room damage and disabling the vessel.
Ukrainian President Zelensky confirmed that Black Sea ports near Odesa are still operational despite Russian attacks.
Speculators have increased net-long positions in Brent futures for the second consecutive week, signaling confidence in rising oil prices
China vows to protect its economic relationship with Iran after the US sanctioned dozens of Chinese entities and threatened further action
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