Acquisition. DFDS acquires RoPax ferry Stena Vinga
DFDS strengthens its fleet by acquiring passenger and freight ferry Stena Vinga. Stena Vinga is currently chartered by DFDS and will continue to operate on the Jersey service.
- Offshore. Saipem secures $260 million offshore drilling contract from Eni in Côte d’Ivoire
- Valaris announces contract award for Drillship VALARIS DS-15
In-depth analysis with FP
Routes. The Panama Canal Now Costs More Than the Cargo On Board
An empty gas supertanker paid a record 4.6 million dollars just to skip the queue
Marsa Maroc Plans $2.1 Billion Port Expansion by 2030
Morocco’s top port operator unveiled a 2025–2030 investment plan alongside robust 2025 results, record cargo volumes, and new Nador West Med partnerships, signaling stronger finances and accelerating regional ambitions.
Conflicts
War. U.S. Forces Disable Unladen Iranian Tanker in Gulf of Oman
At 9 a.m. ET on May 6, U.S. forces enforcing blockade measures disabled an unladen, Iranian-flagged oil tanker in the Gulf of Oman. CENTCOM identified the vessel as M/T Hasna,…
Africa. Mozambique Advances Maritime Security Coordination with IMO Support
Opinion
José Rafael Díaz
How an island becomes the world’s largest free port
José Rafael Díaz
Ports, Ships and Energy Control the New Geoeconomics
Ports
HMM’s U.S. West Coast Terminal WUT to Acquire Four New Port Cranes
This upgrade will allow WUT to accommodate larger container vessels and increase its annual cargo-handling capacity from 590,000 TEU to 880,000 TEU.
The Port of San Antonio surpasses 11.8 million tons transferred in the first half of the year and reaches one million TEU ahead of schedule
Cargo transfer grew 4.3% compared to the first half of 2025, while container movement increased 3.5%
Shipyards
UK Docks Secures Bangladesh Navy Refit for HMS Enterprise
A brief Ports Europe post states that UK Docks has been awarded a refit for HMS Enterprise by the Bangladesh Navy; no terms, scope, schedule, location, or value were disclosed at the time of publication.
Damen launches multi-purpose vessel for Portuguese Navy
Economy & Markets
Earnings recoveryin Hapag Lloyd in Q2 despite substantial cost headwinds
Q2 spot rates and volumes significantly above Q1 levels
Peninsula and Evos Sign MOU to Develop Biofuel Storage Infrastructure in the Port of Algeciras
Partnership to develop dedicated biofuel storage infrastructure
Panama Strengthens Internatioal Confidence in its Ship Registry whith ISO 9001:2015 recertification
During the award ceremony, the Director General of the Merchant Marine, Ramón Franco, emphasized that the recertification represents much more than compliance with an…
World Economy
DP World Revenue Rises 13.1% to $12.7 Billion as Global Portfolio Navigates Trade Disruption
Global network delivers growth despite disruption to Middle East trade flows
Panama Canal lists its US$450 million bond on Latinex’s International Secondary Market
The listing enhances the visibility of the Panama Canal’s 2015 bond among regional and international investors while reinforcing Panama’s position as a financial and logistics hub
Energy
bound4blue completes eSAIL® installation on groundbreaking South Pacific multipurpose vessel
Installation of 22m eSAIL® completed onboard innovative newbuild Na Hiro E Pae at Astilleros Armon Vigo
Hormuz Closure May Send Oil Near $200, Risk Recession
Wood Mackenzie warns that a prolonged Strait of Hormuz closure could push crude toward $200 per barrel and unleash the most severe energy supply shock in decades, raising the risk of a global recession.
Renewables
Suez Canal Container Terminal signs landmark renewable energy agreement to power operations with solar and wind
Suez Canal Container Terminal (SCCT), part of APM Terminals, has signed a power purchase agreement with Egypt's New and Renewable Energy Authority (NREA) in close collaboration with Suez Canal Economic Zone (SCZONE), that will enable the terminal to source 100% of its electricity from renewable energy
Ørsted and PGE kick off offshore installation of Baltica 2 project
Shipping & Offshore
Panama and China talks lead to sharp drop in detentions of Panamanian-flagged vessels
Negotiations between the Governments of Panama and China have resulted in a significant reduction in the detention of Panamanian-flagged vessels at Chinese ports, with monthly detentions falling from 140 in May to just 16 in July
The Panama Canal strengthens its reliability through a permanent maintenance and modernization plan
The Panama Canal maintains a permanent preventive and strategic maintenance program to ensure the availability of its infrastructure, strengthen competitiveness and adapt to the future needs of global maritime trade
Panama Canal increases transits and tonnage while preparing for a new El Niño event
The Panama Canal recorded growth in maritime traffic and revenues during the third quarter of Fiscal Year 2026, while strengthening its operational strategies in preparation for the possible arrival of a severe El Niño phenomenon
AAPA LATAM 2026 will bring together the Latin American port industry in Guatemala to discuss the future of the sector
Against a global backdrop defined by the reconfiguration of trade, rapid digitalization, and the need to build more resilient supply chains, AAPA LATAM 2026 will bring together more than 700 leaders from the maritime, port, and logistics industries in Guatemala City from December 1–4 to address the challenges that will shape the region's future competitiveness
Containers
CMA CGM Group to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH)
A leading player in Northern Europe’s container shipping market, CMA CGM Group further strengthens its port terminal network with this strategic investment in Hamburg
Lloyd’s List 2025: Port Said, Alexandria in top 100
Maritimafrica reports that the ports of Port Said and Alexandria are included in Lloyd’s List’s 2025 classification of the world’s top 100 container ports; the brief item discloses no ranks, figures, or methodology.
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360º
Francisco González: “Hamilton’s DNA is 100% Canarian and we export our talent to the world”
Interview | Francisco González Sánchez, Global Commercial Director of the Oil & Gas division of the Transcoma Group