Industry
Industry coverage, press releases, and briefings. Every article shows its publication date and category.
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freight · June 3, 2026
Minnesota-based Mesabi Metallics has monetised a portion of its royalties for $265 million, advancing its world-scale DR-grade iron ore mine and reducing US steelmakers' dependence on Brazilian and foreign imports.
ports · June 3, 2026
Mediterranean Shipping Co is linked to the acquisition of a 51% stake in the TIS container terminal at Pivdennyi, Ukraine, marking a significant move by the world's largest container line into a strategically important Black Sea port.
energy · June 3, 2026
A new Eurelectric report launched at the Power Summit in Helsinki concludes that while electrification already offers a competitive advantage for European industry, scaling the transition requires far greater coordination across energy system levels.
energy · June 3, 2026
A new Eurelectric report launched at the Power Summit in Helsinki concludes that while electrification already offers Europe a competitive edge, scaling the transition requires far greater coordination across industry, grid, and policy levels.
news · June 3, 2026
A US Navy Hellfire strike on a VLCC near Kharg Island pushes Gulf tensions to the brink, while shipowners at Posidonia debate market durability, a long-stalled newbuild finally delivers, and the Genco-Diana takeover battle intensifies.
news · June 3, 2026
A quiet period in maritime news cycle offers industry professionals a moment to assess broader market conditions ahead of upcoming financial reporting seasons.
energy · June 3, 2026
Contrasting fortunes emerge in the offshore drilling sector as Persian Gulf operators face mounting contract suspensions and insurance cost pressures, while Norway's Dolphin Drilling secures a major long-term semisub contract in the UK North Sea.
technology · June 3, 2026
The Bahamas Ship Registry has launched a digital seafarer record book system, marking a significant milestone in the registry's ongoing digitalisation programme.
freight · June 3, 2026
Ascent Aviation Services and Israel Aerospace Industries mark a new milestone in their Boeing 777-300ERSF passenger-to-freighter conversion program, reflecting broader trends in air cargo capacity expansion that carry implications for global supply chains.
freight · June 3, 2026
Ascent Aviation Services and Israel Aerospace Industries mark a new milestone in their Boeing 777-300ERSF passenger-to-freighter conversion programme, reflecting broader trends in air cargo capacity expansion that carry implications for global freight logistics networks.
freight · June 3, 2026
Oslo-listed Jinhui Shipping and Transportation has ordered two dry bulk newbuilds from China's Jiangmen Nanyang Ship Engineering, with each vessel valued at approximately $34.15 million.
freight · June 3, 2026
Target has opened a major new food distribution facility in Colorado, signaling continued retail investment in domestic supply chain infrastructure as consumer demand for in-store food selection grows.
energy · June 3, 2026
Saudi Aramco selects McDermott for a long-term project management consultancy agreement, while offshore engineering firm DrillDocs adopts advanced identity security solutions for its global operations.
energy · June 3, 2026
PowerBank Corporation secures an $841,555 NYSERDA incentive for a 3.1 MW community solar project in Buffalo, New York, reflecting the accelerating shift toward distributed clean energy infrastructure across North American industrial regions.
safety · June 3, 2026
A US military Hellfire missile strike disabled a very large crude carrier en route to Iran's primary crude oil export terminal at Kharg Island, targeting the vessel's engine room in a significant escalation of maritime enforcement operations.
safety · June 3, 2026
Iran has claimed responsibility for targeting a second Mediterranean Shipping Company vessel, the MSC Panaya, in what Tehran describes as retaliation for a US operation disabling an Iranian tanker bound for Kharg Island.
technology · June 3, 2026
Chinese crane manufacturer XCMG played a prominent role at the 2026 ISO Technical Committee on Cranes meetings in Frankfurt, pushing for greater international adoption of Chinese industry standards in the global lifting equipment sector.
news · June 3, 2026
Veteran shipowner George Economou offered rare insight into his decades-long career in a candid conversation at the TradeWinds Shipowners Forum Greece during Posidonia in Athens, touching on bond workouts, stock market volatility, and the making of one of shipping's most formidable private empires.
regulatory · June 3, 2026
A British Columbia private member's bill requiring dashboard cameras on commercial vehicles has passed third reading with unanimous support and awaits royal assent, signalling a significant shift in fleet safety and accountability standards for the province's trucking sector.
freight · June 3, 2026
Private equity firm Open Road Ventures has acquired intermodal freight broker Double-Stack Logistics, signaling continued investor appetite for third-party logistics providers operating in the intermodal segment.