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transportation
South Korea
02-11-2025
Greek Owner JHI Steamship Books Aframax Tankers in South Korea
Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. The Athens-based firm signed a contract with K Shipbuilding for two firm 115,000 dwt aframax
India
31-10-2025
Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port
Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to expand Pipavav Port in western India. The company said the investment would support long-term grow
Canada
31-10-2025
Railroad Operator Canadian National Lays off 400 Managers
Canadian National Railway (CNR.TO) has laid off around 400 management employees across its offices in Canada and the United States, according to a report by the Globe and Mail on Thursday. The job cuts come amid a slowdown in freight activity linked to we
China
30-10-2025
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronger quarterly earnings in its commercial aircraft, helicopter, and defense businesses. The wo
Saudi Arabia
29-10-2025
CMA CGM Plots Expansion in Saudi Arabia With $450M Jeddah Terminal JV
French shipping and logistics group CMA CGM has advanced its Middle East expansion by signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (RSGT) for a potential joint venture to develop and operate Terminal 4 at Jeddah Islamic Port
France
28-10-2025
Airbus Delays Some A220 Output, Narrowing Window to Reach 2026 Target
Airbus (AIR.PA) has postponed the assembly of some A220 jets this year and next, and may only achieve its 2026 production target of 14 A220s per month in the final weeks of that year, according to three industry sources on Monday. The company had previous
China
27-10-2025
Oceanbulk Linked to Boxships Comeback
Greek shipowner Petros Pappas is making a return to the container shipping sector through his privately held company, Oceanbulk, which has reportedly placed an order for two feeder containerships in China. According to shipbuilding and market sources, Oce
China
25-10-2025
Peter Döhle Boosts Boxship Fleet With Four Newbuilds in China
Hamburg-based shipowner Peter Döhle Schiffahrts is expanding its container fleet with an order for four feedermax vessels at China’s CSSC Guangzhou Huangpu Wenchong Shipbuilding. The 2,900 TEU ships, built to Chittagongmax dimensions an
United States
24-10-2025
Alaska Air Cuts Annual Profit Forecast on Higher Fuel Costs
Alaska Air Group (ALK.N) reduced its 2025 profit outlook on Thursday as higher fuel prices and operational challenges, including severe weather, affected its margins. The company also projected fourth-quarter earnings below market expectations, reflecting
Panama
26-10-2025
Konecranes Unveils Hybrid & Electric Port Solutions
Konecranes has officially introduced its Noell Hydrogen Fuel Cell Straddle Carrier to the Americas, marking its debut in Panama City. The new model is presented alongside the company’s E-Hybrid RTG and electric empty-container handler, broadenin
France
23-10-2025
Airbus Sees World Freighter Fleet Growing 45% by 2044
Airbus (AIR.PA), a leading European aircraft manufacturer, announced on Wednesday that the global fleet of dedicated freighter aircraft is expected to increase by 45% over the next 20 years, reaching 3,420 units. This projection is driven by sustained gro
Switzerland
22-10-2025
MSC Cruises Marks Back-To-Back Shore Power Connections in Malta
The cruise division of Switzerland-based Mediterranean Shipping Company (MSC) has achieved another milestone in its decarbonization program by connecting two of its cruise ships to shore power in Valletta, Malta. The connections were completed at the Gran
Denmark
21-10-2025
Maersk Tests Brazilian Ethanol Mix to Make Cleaner Maritime Fuel
Danish shipping company Maersk (MAERSKb.CO) announced on Monday that it is testing a new marine fuel blend composed of Brazilian ethanol, methanol, and marine diesel, commonly known as bunker fuel. The initiative is part of Maersk’s broader stra
China
20-10-2025
Chinese Shipyard Launches First Two Large Ammonia-Fueled Bulkers
Construction is advancing on the world’s first large ammonia-fueled bulk carriers, commissioned by CMB.TECH for its dry bulk subsidiary Bocimar. The vessels are being built at Beihai Shipyard, a subsidiary of China State Shipbuilding Corporation
United States
18-10-2025
Boeing Wins FAA Approval to Hike 737 MAX Production to 42 Planes per Month
Boeing (BA.N) received approval on Friday from the U.S. Federal Aviation Administration (FAA) to raise monthly production of its 737 MAX aircraft to 42 units, easing the cap of 38 planes per month that had been in place since January last year. The decisi
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