The Port Journal

Strong sales, large orders “We have had much stronger sales for the first three years of the target range and for the remaining two years this implies an average growth of around 20 per cent per year,” CEO Micael Johansson told Reuters. Saab shares were up 2.8 per cent at 08:23 GMT. They have gained […]

Wind turbine maker Vestas reported a fourth-quarter operating profit below expectations on Thursday but said it anticipated revenue growth and improved profitability for 2026 despite ongoing tariff and geopolitical risks. Vestas’ operating profit before special items in the fourth quarter fell to €580 million ($683.59 million) from €759 million a year earlier, against a mean […]

The French Navy has intercepted a boat that was carrying cocaine and handed it over to the Barbadian authorities, France’s Armed Forces Minister said on Thursday, as the US and other countries step up their fight against drug trafficking. Catherine Vautrin wrote on social media that around 678 kilogrammes of cocaine had been seized. France, […]

US warships traverse the strait every few months, enraging Beijing, and some US allies, such as France, Australia, Britain and Canada, have also made occasional transits. Paris said it had now become routine for G7 statements to include language on maintaining the status quo across the strait and opposing use of force or coercion. “This […]

Danish shipping giant Maersk on Thursday said falling freight rates driven by container-vessel overcapacity and gradual resumptions of shorter Red Sea routes could pressure earnings in 2026, dragging its shares down sharply. Maersk, which reported a fourth-quarter operating profit roughly in line with forecasts, is contending with subdued industry demand, a surge in new vessels […]

NMDC Group reported a 29 per cent increase in net profit for 2025, surpassing the AED4 billion ($1.1 billion) mark for the first period in the company’s history. Revenues reached a record AED 28.8 billion, which the company noted was a 10 per cent increase compared to the previous year. The UAE market accounted for […]

Storage, power The company is studying plans to lease empty crude and refined products storage tanks at the site that have been designed for a 500,000-bpd refinery, Khor said. “We have 4.3 million cubic metres of storage that we can look to monetise and also provide strategic storage to add into the Singapore tankage ecosystem,” […]

To support this, Fugro will combine geophysical mapping with geotechnical boreholes to build a detailed understanding of the seabed and coastline. A specialist jackup platform, which operates in shallow waters, will be delivering this work. Fugro said borehole locations have been carefully identified, supported by geophysical data, to avoid unnecessary drilling and take account of […]

United Nations Secretary-General Antonio Guterres on Wednesday called the expiration of the New START treaty a grave moment for international peace and security and urged Russia and the United States to negotiate a new nuclear arms control framework without delay. New START, which was due to run out at midnight on Wednesday, capped the number […]

The leak led to outcry from activists and local Indigenous organisations, who have for years warned of the impact oil exploration could have on the region’s marine and coastal ecosystems. Petrobras did not immediately reply to a request for comment. Petrobras spent years trying to obtain a licence to drill in the region, considered to […]