Huisman to Supply Equipment for Offshore Installation Vessel
Huisman has secured a contract from CIMC Raffles Offshore to deliver an integrated lifting and handling package for a new deepwater installation vessel, currently under construction for a joint venture between Solstad Offshore and SBM Offshore. This project marks Huisman’s first collaboration with this partnership and reinforces its commitment to the Norwegian offshore market. The […]
ORLEN Expands Infrastructure and Reports Q2 Financial Growth
ORLEN has opened a new Marine Transshipment Terminal on the Martwa Wisła River in Gdańsk, a key infrastructure project built largely by Polish companies. Designed to handle over 1.8m tonnes of cargo annually, the facility enables direct transshipment between the refinery and tankers, eliminating the need for intermediate transport. The terminal features a 380-metre quay […]
VIMC Launches Big Data Platform to Enhance Maritime Operations
Vietnam Maritime Corporation (VIMC) has officially launched a new Big Data system, marking a strategic shift toward data-driven governance. By transitioning from periodic reporting to real-time operations, the corporation aims to streamline decision-making across its port, shipping, and logistics divisions. This digital transformation project aligns with VIMC’s technology development goals to boost competitive capacity. The […]
APM Terminals Bahrain Q2 2026 Financial Results
APM Terminals Bahrain reported a significant decline in revenue and profit for the first half of 2026 compared to the previous year. This downturn is primarily attributed to the continued effective closure of the Strait of Hormouz, which has caused substantial disruptions to regional shipping activity. The company’s three business segments all faced reductions, with […]
Panama Canal Announces Neopanamax Draft Reductions
The Panama Canal Authority has announced forthcoming adjustments to the maximum authorized draft for vessels transiting the Neopanamax locks. Effective August 26, 2026, the maximum draft will be reduced to 48 ft (14.63 m), followed by a further reduction to 47.5 ft (14.48 m) on September 3, 2026. These measures are driven by current water […]