South Korean yard kicks off the year with containership pair order

Palau Open Ship Registry Continues Normal Operations

The Ministry of Public Infrastructure and Industries (MPII) reaffirmed that the Palau Open Ship Registry continues to operate normally under the authority of the Government of the Republic of Palau, with all

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Tallink Passenger Numbers Remained Stable in 2025

AS Tallink Grupp has published the Group’s passenger and cargo statistics for the fourth quarter and December 2025 to the stock exchange. Compared to the same period in 2024, passenger numbers decreased

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Schwandt Appointed Schottel CEO

On January 1, 2026, Roland Schwandt took over as CEO of SCHOTTEL GmbH from Stefan Kaul as part of an orderly succession plan. Christian Bock was appointed Deputy CEO. In the future,

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ABB to Build World’s Largest Shore Power System at Port of Rotterdam

ABB has signed contracts with Rotterdam Shore Power (RSP) to engineer and construct what is expected to be the world’s largest shore power system by capacity at the Port of Rotterdam.The system

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Maersk Names New Regional President for North America

A.P. Moller - Maersk has appointed Ditlev Blicher as the new Regional President for North America, effective January 1, 2026.Blicher assumes the role after most recently serving as the company’s Regional President

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Panama Canal Commemorates 26 Years of National Administration

The Panama Canal Authority (ACP) has commemorated 26 years of Panamanian administration, marking a new anniversary since its transfer at noon on December 31, 1999.The Authority says this historic milestone was a

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Venezuela to Cut Oil Output

Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling

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Latvia Police Board Vessel After Baltic Sea Cable Breach

An undersea telecoms cable was damaged in the Baltic Sea on Friday, and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a

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Empire to File Injunction Against Lease Suspension Order

Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District Court for the District of Columbia today, January 2, 2026, challenging the U.S. Department of the Interior’s order directing