Indian state-run refiners are increasingly seeking crude on a delivered, or CIF, basis rather than on FOB terms, as geopolitical tensions drive sharp swings in freight and insurance costs, petroleum ministry officials and refiners said Oct. 26. Under CIF arrangements,...

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MacGregor has received an order of PLC (Programmable Logic Controller) retrofit projects for 35 Pure Car and Truck Carrier (PCTC) vessels for Wallenius Wilhelmsen. The order was booked into MacGregor’s third quarter 2026 order intake, and the upgrades will take place...

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Asyad Group, the end-to-end logistics solutions flagship of the Sultanate of Oman, is seeking to develop what it describes as the world’s first fully integrated maritime resilience framework, bringing international industry leaders together to establish practical...

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This relative stability is reflected on most lanes, indicating that, with few exceptions, carriers extended rates for the first fortnight into the second. See detailed commentary below. IACI holds steady as congestion eases • The Drewry Intra-Asia Container Index...

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The Panama Canal has updated the criteria for reallocating transit slots that are canceled or become available during booking periods 1A and 2 at the Neopanamax locks. The changes, announced through an Advisory to Shipping, take effect immediately and restore the...

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