energy · March 24, 2026
SBM Offshore Secures FPSO Contract for Guyana Oil Project
SBM Offshore has been awarded the FEED contract for a new FPSO vessel to be deployed in Guyana's growing offshore oil industry.
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freight · March 24, 2026
AerCap Expands Freighter Fleet with Ethiopian Airlines Deal
AerCap signs lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters, expanding the carrier's cargo capabilities.
news · March 24, 2026
JRE-Jeunes Restaurateurs and UNITED WATERWAYS Partner to Elevate Culinary Experiences on the Water
French culinary association JRE-Jeunes Restaurateurs and river cruise operator UNITED WATERWAYS have announced a strategic partnership to enhance hospitality and support the next generation of culinary talent in global river travel.
news · March 24, 2026
Maritime Industry Briefing: VLCC Sale, Beverage Packaging Forecast
A 26-year-old VLCC tanker has been sold for further trading, while the global beverage packaging market is projected to grow at nearly 7% annually through 2032.
energy · March 24, 2026
Borr Drilling Expands Foothold in Mexico as Paratus Exits Jack-up Market
Borr Drilling's Mexican joint venture is set to welcome five jack-up rigs as Paratus Energy Services offloads its drilling operations and fleet.
news · March 24, 2026
Chinese Shipping Giant Expands Capesize Fleet, Decarbonization Efforts Warned Against Slowdown
Zhejiang Shipping Group acquires second capesize bulker, while Sea Cargo Charter leaders caution against scaling back decarbonization amid regulatory uncertainty.
technology · March 24, 2026
Microirrigation Systems Market Projected to Reach $21.56 Billion by 2030
The microirrigation systems market is expected to grow at a CAGR of 9.8% over the next 5 years, driven by increasing demand for efficient irrigation solutions.
ports · March 24, 2026
Port of Rotterdam Secures €90M Loan for Shore Power Development
The Port of Rotterdam Authority has secured a €90 million loan to support the development of shore power infrastructure, enabling ships to plug into the local grid and reduce emissions while at berth.
news · March 24, 2026
FMC Chair Emphasizes Ports' Role in U.S. Economic Security
New Federal Maritime Commission Chair Laura DiBella says the Trump administration is making the strongest push in decades to support the domestic shipping industry.
energy · March 24, 2026
Floating Wind and Shipping Challenges Dominate Maritime News
A roundup of recent maritime industry news, including the start of a concrete floating wind platform project in Portugal and challenges facing Europe's shipping choke points.
energy · March 24, 2026
Qatar's LNG Expansion Faces Shipping Challenges After Ras Laffan Disruption
Qatar's ambitious LNG shipping expansion is at risk of creating a structural overhang in the LNG shipping market due to recent damage to its liquefaction infrastructure.
energy · March 24, 2026
India's Coal Imports Likely to Remain Subdued
India's coal imports dropped 4.2% in the first 10 months of the current fiscal year, and with seaborne prices showing an uptick, imports are likely to remain subdued in the near term.
energy · March 24, 2026
Venture Global Secures Long-Term LNG Deal with Vitol
Venture Global, a major U.S. LNG producer, has signed a multi-year agreement to supply LNG to global energy trader Vitol.
news · March 24, 2026
Strong Early Demand for World Cup Travel Across North America
FlixBus reports surging bookings for multi-city World Cup travel, with the Northeast emerging as a top travel corridor.
energy · March 24, 2026
PowerBank Advances 3.1 MW Solar and Battery Project on Closed Landfill
PowerBank Corporation is developing a 3.1 MW hybrid solar and battery energy storage project on a closed landfill in New York, expected to power 388 homes.
news · March 23, 2026
Strait of Hormuz Tensions Escalate as Iran Digs In
Tensions in the Strait of Hormuz are rising as Iran refuses talks and oil prices soar, while Indian gas tankers prepare to sail through the strategic waterway.
energy · March 23, 2026
US Resin Shippers Look to Tap New Customers Amid Iran Tensions
The closure of the Strait of Hormuz has cut off a major source of global resin supply, creating opportunities for US resin producers to expand their customer base.
news · March 23, 2026
Maritime Industry Briefing: ESG Integration, Port Expansions, and Shipping Market Updates
A roundup of recent news on sustainability initiatives, port infrastructure projects, and developments in the global shipping industry.
news · March 23, 2026
Bulker Sales Surge as Shipping Market Heats Up
The bulker sale and purchase market has maintained strong momentum, according to the latest industry reports.
news · March 23, 2026
Hard Rock Foundation Donates $400K for Hurricane Melissa Relief in Jamaica
The Hard Rock Heals Foundation has raised over $400,000 to support Jamaica's recovery from the devastating impacts of Hurricane Melissa.