#maritime-industry
(23 articles)New AAPA Chair Prioritizes Port Funding and Infrastructure Bills
Richard Hendrick, CEO of the Port of Albany-Rensselaer, has been elected Chairman of the American Association of Port Authorities (AAPA), marking the first North Atlantic region chairperson in over 40
Saudi Maritime and Logistics Congress Opens
The Saudi Maritime and Logistics Congress is opening, providing a platform for industry professionals to connect and discuss maritime and logistics developments in the Middle East. As a regional indus
Global Shipping Corp Appoints New CEO for Norfolk Operations
A major shipping corporation has appointed a new CEO to lead its Norfolk branch operations. While leadership transitions are routine in shipping, the extent of operational changes under new management
Ship Recycling Hits 50-Year Low as Aging Fleet Balloons
Global shipbreaking activity has collapsed to its lowest level in over five decades, with only 273 vessels scrapped in the first nine months of 2026, representing a 13% decline from an already weak pr
Indonesia's Shipbuilding Boom Blocked by Financing Costs
Indonesia's shipbuilding industry stands at a critical juncture with PT PAL Indonesia projecting over Rp1.5 trillion in potential orders across defense, food, energy, and transportation sectors over t
Saudi Maritime Congress Reveals Key Partnership Strategy
The Saudi Maritime Congress has unveiled its key partner roster, signaling continued regional investment in maritime infrastructure and shipping connectivity. This announcement reflects Saudi Arabia's
Oil Tanker Rates Hit Peaks as Mega-Ship Orders Surge
The shipping industry is experiencing a paradoxical trend: oil tanker and specialized vessel rates have climbed to historical peaks while a substantial wave of mega-ship orders is underway. This dynam
Maritime Sector Embraces Supply Chain Disruptions as Growth Op
The maritime industry is projecting a forward-looking stance toward upcoming supply chain disruptions, signaling confidence in their adaptive capacity and operational flexibility. Rather than viewing
Hapag-Lloyd CEO in Israel to Finalize Zim Takeover
Hapag-Lloyd is intensifying efforts to acquire Zim (Zim Integrated Shipping Services), with CEO Rolf Habben Jansen traveling to Israel to negotiate directly with the government and secure regulatory a
Maersk & CMA CGM Orders Push Container Fleet Orderbook to 45%
The global containership orderbook has reached a post-2009 high of 45% relative to the current fleet, driven by Maersk's firm order for 26 ultra-large container vessels (ULCVs) and CMA CGM's concurren
Pakistan Logistics & Shipping Summit 2026 Set for July 30
The second iteration of Pakistan's Logistics & Shipping Summit is set to take place on July 30, 2026, marking a significant date on the South Asian supply chain calendar. This industry-focused event r
TSCF Releases Vibration Management Guide for Maritime Industry
The Tavern Shipping Coordination Federation (TSCF) has released a comprehensive vibration information paper designed to enhance vibration management practices within the maritime industry. This guidan
Shipping Industry Faces Mounting Cost and Capacity Pressures
The global shipping industry is experiencing compounding pressures from both operational costs and vessel capacity constraints, according to recent analysis cited by the World Trade Organization. This
Kuehne+Nagel Founder Dies; Logistics Giant Faces Leadership Transition
Klaus Kuehne, the founder and driving force behind Kuehne+Nagel, one of the world's largest logistics and freight forwarding companies, has passed away at age 89. As Germany's wealthiest individual, K
Marine Vessel Market to Expand Through 2034: Growth Drivers
Straits Research has released a comprehensive market analysis projecting the marine vessel sector through 2034, providing critical forecasting data for ocean freight stakeholders. This market research
Heavy Lift Group Hosts 74th Annual Supply Chain & Logistics Conference
The Heavy Lift Group has announced its 74th annual supply chain and logistics conference, continuing a long-standing tradition of bringing together maritime and logistics professionals to share insigh
ACFS Port Logistics Strategy Signals Shift in Australian Maritime
ACFS Port Logistics has announced strategic initiatives that are generating industry-wide response from supply chain stakeholders across Australia's maritime sector. The announcements appear focused o
Project Cargo Summit 2026: Managing Logistics Volatility
The Project Cargo Summit 2026 represents an industry-wide effort by heavy lift and project forwarding specialists to develop strategies for navigating persistent market volatility while identifying co
NYK Acquires NS United for ~$1B in Major Shipping Consolidation
Nippon Yusen Kaisha (NYK), one of the world's largest shipping conglomerates, is acquiring NS United in a near-$1 billion privatization transaction. This represents a significant consolidation move wi
NEFFA Celebrates 32nd Cargo Day 2026 Milestone
NEFFA (Northeast Freight Forwarders Association) is preparing to commemorate its 32nd annual Cargo Day celebration in 2026, an established industry milestone that brings together maritime and logistic
German Maritime Industry Accelerates Growth in Global Trade
Germany's maritime industry is experiencing robust growth, signaling expanded capacity and investment in ocean freight infrastructure across Europe. This development reflects broader recovery in globa
Georgia Ports Authority Names Kevin Price as New President
The Georgia Ports Authority has promoted Kevin Price to president effective July 1, 2026, following a succession plan announced in February. Price, a 30-year industry veteran who previously served as
Cochin Shipyard Bids for Container Ship Orders; India Boosts Domestic
Cochin Shipyard's bid for container vessel orders from Bharat Container Shipping Line represents a strategic push to strengthen India's domestic shipbuilding capacity and reduce reliance on foreign sh