NORVIC, the global dry bulk owner and operator, is proud to announce the opening of its new, expanded office in Dubai. The investment strategically positions the company to accelerate growth within the region. The new office will provide NORVIC with a state-of-the-art...

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The CMA CGM Group, a global player in sea, land, air and logistics solutions has won the Best Global Shipping Line at the 2024 Asian Freight, Logistics and Supply Chain Awards (AFLAS). Voted by industry stakeholders, customers, global shippers and readers of Asia...

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Iron ore futures prices rose for a second straight session on Wednesday, aided by a wave of buying in China’s spot market and bets that the world’s second-largest economy will unveil more stimulus to spur its struggling property market. The most-traded September iron...

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U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, the highest since...

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Cargotec Corporation (“Cargotec”) announced on 26 June 2024 that Cargotec’s Board of Directors has decided to complete the partial demerger of Cargotec (the “Demerger”) and that the completion of the Demerger and the incorporation of Kalmar as a separate new company...

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energy company Venture Global LNG announced on June 26 that Samsung Heavy Industries had launched its mega-sized LNG carrier named the ‘Venture Gator’ in South Korea. The Venture Gator is the first of nine LNG vessels ordered by Venture Global. They will be delivered...

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