“The deal may continue with the remaining ports. The twist is that with the two key ports’ situation crystallised by the Panama Supreme Court, actually the ports deal may have a clearer path to completion, from the legal perspective,” said Winston Ma, New York University School of Law adjunct professor. He said CK Hutchison could […]

Peru’s exports hit a new record in 2025, jumping 21 per cent from the prior year, fuelled by the launch of a massive port on the country’s central coast. The South American country’s exports totalled $90.08 billion last year, thanks to higher sales of mining and agricultural products, the government said on Tuesday. China, whose […]

Challenges to investment Venezuela’s oil industry has been state-controlled for two decades, since the government expropriated assets of foreign companies including US giants Exxon Mobil and ConocoPhillips. Chevron is the only US major that retained continuous operations in the country, as a partner of state energy company PDVSA. However, a sweeping reform approved in Venezuela […]

Stainless Tankers reported a net loss of $1 million for the three-month period ended December 31, 2025, according to a financial statement released on February 4. This performance compares to a profit of $1 million recorded in the previous quarter. Net revenue reached $7.3 million during the period, down from $10 million in the three […]

On Monday morning, a merchant tanker rescued three people from a sailboat in distress about 450 miles to the east of Daytona Beach, Florida. The response began at 1520 hours on Sunday, when Coast Guard Southeast District received an EPIRB alert from an unnamed yacht northeast of the Bahamas. The watchstanders at Southeast District dispatched […]

[By: Anemoi Marine Technologies Ltd.] Anemoi Marine Technologies Ltd. (“Anemoi”)a UK-based engineering innovator in wind-assisted propulsion for shipping, is proud to be recognised during Keir Starmer’s visit to China, where the company is being highlighted as an example of British excellence in maritime decarbonisation. With headquarters in the UK and production operations in China, Anemoi develops […]

[By: Hempel] Hempel has successfully completed the first ever applications of its next-generation silicone hull coating, Hempaguard NB, with one of the newbuilding vessels being Tangier Maersk – the first in a new series of six 9,000 TEU vessels ordered by Maersk. This marks an important step in extending the proven Hempaguard performance to vessels […]

[By: Roll Group] Roll Group has announced the purchase of two new barges in Indonesia as part of the company’s ongoing fleet expansion. Built to DNV classification standards, the new barges will enhance Roll Group’s ability to deliver integrated, engineered transport solutions for complex energy and infrastructure developments in the region. The barges are being […]

[By: Georgia Ports] The Georgia Ports Authority’s Workforce Housing Initiative has so far helped 178 families repair, buy or build a home in the Savannah area. “A strong community depends on strong families and stable neighborhoods,” said Georgia Ports President and CEO Griff Lynch. “When the people who keep Georgia’s economy moving can afford to […]

[By: American Great Lakes Ports] The American Great Lakes Ports Association (AGLPA)including members Ports of Indiana, the Illinois International Port District (IIPD), and Port Milwaukee, in partnership with the Great Lakes St. Lawrence Seaway Development Corporation (GLS), announced today that they will begin a comprehensive market analysis aimed at expanding cargo movement between the Great […]