
German Intermodal Rail Operator Helrom Enters Second Insolvency, Faces Liquidation
German intermodal rail operator Helrom has filed for insolvency a second time, with liquidation now expected
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German intermodal rail operator Helrom has filed for insolvency a second time, with liquidation now expected

7Air, a Miami-based cargo airline, has appointed Iraq Pacheco as interim chief executive and chief financial officer.

Baker Hughes extended two long-term contracts with Equinor for hydrocarbon production in the Norwegian North Sea.

Liebherr delivers an electric FCC 280 crane to Puerto Seguro Fluvial in Paraguay, enhancing container and heavy cargo capacity.

Shearwater GeoServices completed a 3D seismic survey offshore Nigeria for TotalEnergies and its partner.

Express carriers DHL, FedEx, and UPS are calling for a phased approach to new EU customs rules for low-value parcels.

Vuyk Engineering will design Jumbo Maritime's new L-Class heavy-lift transport vessels for offshore operations

AFRAA chairman George Kamal urged the creation of a pan-African airline alliance to enhance competitiveness and connectivity.

India's Nhava Sheva Port is experiencing cargo handling delays and gate congestion at its largest terminal, BMCT

Hapag-Lloyd is applying a Peak Season Surcharge on cargo from the Far East to Latin America and the Caribbean, effective June 15, 2026.

The heavy-duty EV sector is adapting to new regulations and the growing need for advanced charging infrastructure.
Carnival Jubilee cruise ship successfully completed the first ship-to-ship LNG bunkering operation in Roatán, Honduras.
Christiania Energy has appointed Mazlum Unutmaz as a Specialist for Bunkers & Lubricants to bolster global operations.

Yang Ming's Q1 profits fell, but its fleet renewal plan continues, with high freight rates expected for Q2 and Q3
The Mission to Seafarers has launched its global welfare services in Greece, establishing a permanent presence to support seafarers.

Matternet raised $33 million and completed its public listing to fund a new drone delivery platform and expand operations.
Vessel transits through the Strait of Hormuz increased to 13 on May 26, including a Malaysian VLCC.
The IMO's Maritime Safety Committee has started discussions on potential revisions to the ISPS Code to enhance maritime security.
The Baltic Exchange released a new resource for Forward Freight Agreements to demystify freight derivatives and trading mechanics
Dalian Commodity Exchange iron ore futures rose 0.45% while port spot prices saw a slight increase of 3-5 RMB/ton.
Houston's bunker fuel market is experiencing tight availability and extended lead times due to strong demand and volatility.
New UK regulations prohibit Russian LNG maritime transport and tighten controls on UK-flagged vessels, impacting global shipping.
European ports advocate for an EU ETS revision to mitigate carbon and business leakage from diverted shipping routes.
Iron ore futures are poised for a monthly decline as global supply continues to outpace weakening demand conditions
US crude oil inventories fell less than expected, potentially impacting global oil and bunker fuel prices.
India's ongoing heatwave is forecast to decrease demand for transport fuels as people reduce travel and outdoor activities
Progress in US-Iran deal talks has boosted global equities, but European markets lag, remaining below prior highs.
A reported 60-day US-Iran ceasefire extension offers temporary relief, though long-term geopolitical questions remain.
European Union exports to the US fell by 30% in Q1 2026, contributing to an overall decline in EU trade.
South Africa's TNPA signed a 25-year deal with Ukwanda LNG for an onshore regasification facility at Port of Ngqura
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