Melbourne Port Reports Significant Decline in Breakbulk Cargo Volumes
Breakbulk cargo at the Port of Melbourne has continued its steady structural decline, falling to just one percent of total trade.
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Breakbulk cargo at the Port of Melbourne has continued its steady structural decline, falling to just one percent of total trade.

The Inch Cape offshore wind farm in Scotland has completed the installation of its second export cable.

Iran's aviation market reopening faces hurdles as Boeing and Airbus grapple with extensive order backlogs.

Port terminals are now prioritizing efficiency over raw capacity to address evolving operational bottlenecks
Pérez y Cia Maroc acted as consignee agent for a vessel transporting three cranes to Morocco's Nador West Med terminal.
Remains of three seafarers killed in a March 11 attack on the bulker Mayuree Naree in the Strait of Hormuz have been repatriated
Canada is moving forward with a major crude oil pipeline project on its Pacific Coast, targeting increased exports to Asia

Hutchison Ports Sydney has installed two new ZPMC cranes with gooseneck booms to meet airport height restrictions
Shipping in the Strait of Hormuz remains uncertain due to conflicting claims over traffic management between Iran and the US
PSA Vietnam is investing in four new deepsea container berths at Lach Huyen Port, Haiphong, to expand capacity.
Maritime security agencies are appealing for global action as crew conditions worsen on the hijacked tanker Honour 25 off Somalia
AI is set to transform maritime commercial operations, reducing manual data entry and improving strategic decision-making.
A last-minute wage agreement between Norwegian unions and employers averted a strike by over 600 offshore rig workers.
TotalEnergies sold its 85% interest in Block 2E offshore Malaysia, including a Marjoram gas field stake, to Inpex for $350 million
JERA Nex BP has expanded its holdings in two Belgian offshore wind farms by acquiring Sumitomo Corporation's stakes
LNG was the dominant alternative fuel choice for new vessel orders in June, according to DNV data

A report indicates Russian 'shadow fleet' vessels are linked to drone incursions within the EU, raising maritime security concerns

The US has finalized a $3.3 billion contract for six new Arctic Security Cutters, with the first vessel already under construction

Highway now mandates ELD integration for all carriers, a policy shift spurred by the Montgomery incident.

The first wing-sail system on a car carrier is now undergoing testing to improve fuel efficiency and reduce emissions.

Despite a rise in May port volumes, trucking companies at major U.S. seaports are still navigating a challenging market
Venezuela's crude oil market is now a key driver for global tanker demand, impacting shipping dynamics
Chinese steel production fell in May 2026, leading to an iron ore surplus and sustained pressure on steel margins
MHSS emphasizes the lack of uniform psychological support standards for seafarers after concluding a specialized masterclass.
OCBC Group Research cut oil price forecasts through Q2 2027 due to normalized Strait of Hormuz shipping traffic.
Chinese companies are prioritizing supply chain resilience, AI adoption, and new market access for long-term growth.
Shipping through the Strait of Hormuz is resuming, leading to lower costs after recent US-Iran tensions.
KONGSBERG secured a new contract to provide technology for critical infrastructure protection, reflecting rising demand for security…
NORDEN raises its 2026 full-year net profit guidance due to strong dry cargo performance and reduced costs
OPEC+ countries are likely to raise oil output targets by 188,000 bpd in August amid falling prices and Strait of Hormuz reopening
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