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Port News
Geneva Dry’s digital workshop cuts through the hype to find what actually works
Amid a sea of buzzwords, bold promises and AI evangelism, a refreshingly candid panel at this week’s Geneva Dry conference…
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Port News
Maersk posts ocean loss, 1,000 job cuts as container boom unwinds
The dark clouds swirling around the container shipping industry intensified today with Maersk following Japan’s Ocean Network Express, in announcing…
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Maritime News
Russia Cuts Funding to Build River-Sea Cargo Ships Citing Sanctions
Reports from Russia indicate that an ambitious program to build a new generation of river-sea cargo ships has been reduced.…
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Maritime News
FranceAgriMer Cuts Non-EU Wheat Export Forecast, Increases EU Shipments
Farm office FranceAgriMer on Wednesday cut its forecast for French soft wheat exports outside the European Union in 2025/26, to…
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Maritime News
Turkey Cuts Russian Urals Oil Imports, Turns to Kazakh, Iraqi Supply
Turkey sharply reduced its imports of Russia’s flagship Urals crude oil in November, shipping data from energy consultancy Kpler showed, as Western…
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Maritime News
U.S. Navy Cuts Constellation-Class Frigate, But Pledges Support for FMG
The U.S. Navy has decided to terminate the last four ships of the Constellation-class frigate program, which has been delayed…
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Marine World
Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount
The U.S. Navy announced Tuesday it is terminating four ships from its troubled Constellation-class frigate program before construction begins, marking…
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Marine World
Russia’s Arctic LNG 2 Cuts Gas Output Ahead of Winter Challenges
Russia’s sanctioned Arctic LNG 2 plant has started curbing gas production after reaching records in October, as the buildup of…
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Marine World
Ørsted’s Cuts Jobs As Green Offshore Wind Profits Turn Red
Call it the quiet surrender. Ørsted, an oil giant that once had a market cap greater than BP, then pivoted…
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Port News
2020 Bulkers cuts feet in half with $209m newcastlemax sale
Norwegian shipowner 2020 Bulkers has agreed to sell three of its scrubber-fitted newcastlemax vessels for a combined $209m. The Oslo-listed…
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