Logistic

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...

G2 Ocean is moving forward with a major fleet renewal programme after confirming the addition of six new open hatch...

Logistic IATA data from 2025 globally shows there were almost 38,000 loading errors across ground operations and more than 29,000...

Matson Logistics sees further shift from air to ocean as shippers respond to rising costs and changing market dynamics, the...

Reach Subsea has secured a long-term contract in the Black Sea after converting a previously announced letter of intent into a firm agreement covering inspection, maintenance and repair (IMR) as well as light construction services in the region.  The Oslo-listed subsea services company said the deal is initially set for two years, with an option to extend it by an additional year. It also establishes a strategic partnership with an undisclosed regional offshore...

Konecranes has introduced two new technology developments designed to strengthen automation and improve operational reliability across container terminals, with a clear focus on safety, efficiency and digitalisation.  The Finnish cargo handling specialist is now offering fully automated gantry long-travel operations for mixed-traffic container yards. The solution applies to both newly built automated rubber-tyred gantry cranes (A-RTGs) and as a retrofit option for existing fleets.  Built on the company’s A-RTG 2.0 concept,...

Malaysia’s state-owned energy company Petronas has confirmed the deaths of three contractor workers following a serious lifeboat accident aboard one...

With thousands of shipping professionals heading to Greece for Posidonia, one of the world’s most important maritime gatherings, Athens-based shipbroker...

Turkish shipowner Besiktas is once again attracting attention in the tanker market after what brokers are describing as a highly successful short-term asset play involving an MR product tanker.  According to market sources, the company is selling the 50,000 dwt tanker Antalya for around $40 million. The vessel, built in 2016 at South Korea’s SPP Shipbuilding yard, was purchased by Besiktas only last October for approximately $33 million, when it was still trading under the name PTI Nile.  The...