Cargo

DryDel Shipping has further expanded its Japanese newbuilding campaign by ordering three additional dry bulk vessels, strengthening its long-standing commitment...

 FedEx has announced an investment of €46 million to expand its road hub in Duiven, the Netherlands, to further develop the...

Airfreight volumes across Asia Pacific recorded a sharp rebound in mid-May, rising 11% week on week after the seasonal disruption...

As a growing number of so-called “black swan” events continue to disrupt global trade flows, companies are increasingly moving away...

Fast-growing e-commerce logistics company Stord has raised $250 million in late-stage venture capital funding, valuing the business at $3 billion and accelerating...

Japanese engineering company JGC has started developing a standardised design package for floating LNG (FLNG) units, aiming to significantly accelerate front-end engineering work and shorten overall project delivery timelines.  The package, which is expected to be finalised in fiscal year 2026, integrates Honeywell’s established...

Oman’s Asyad Shipping is reinforcing its expansion strategy in the dry bulk sector with a new acquisition aimed at increasing...

New York-listed shipping giant Navios Maritime Partners has officially confirmed its return to the VLCC newbuilding market, unveiling a large-scale tanker programme that could eventually grow to eight vessels.  The company, led by Angeliki Frangou, announced that it has agreed to acquire four scrubber-fitted VLCC newbuildings from an unrelated third party in a deal valued at approximately $482m. Deliveries are scheduled for the second half of 2028.  Importantly, all four vessels have already secured employment before delivery....

Russian security services say a potentially serious maritime security incident was narrowly avoided after divers discovered magnetic explosive devices attached...

Morgan Stanley believes the global shipping industry could be entering a prolonged period of vessel undersupply as Asia’s energy security...