MacGregor Share Q2 2026 Interim Report
MacGregor has shared their Q2 interim report. Q2 performance:MacGregor’s second quarter 2026 was characterized by strong order intake in all divisions, and higher profitability was driven by continued disciplined project execution, active cost management, and ongoing progress in the implementation of our Full Ahead strategy.Orders received increased by 82 percent compared to Q2 2025 and totaled USD$409.36 million (EUR 351.2 (192.8) million).The order book amounted to USD$1431.7 million (EUR 1…
IDEA Logistics Transports Yankee Dryer From Sweden to Türkiye
IDEA Logistics has arranged the sea transportation of a 136.5-ton Yankee Dryer from Karlstad, Sweden to Iskenderun, Türkiye.The main unit measures approximately 9.02 m x 5.62 m x 5.72 m and weighs 136.5 tons. The shipment also includes additional equipment, bringing the total cargo weight to approximately 146 tons.The Yankee Dryer will be used in paper production as part of an industrial investment in Türkiye.
Baltic Shipping Adds Wind-Assisted Hybrid Coasters
Danish shortsea operator Baltic Shipping Company has added two new Damen-built hybrid coasters equipped with wind-assisted propulsion and battery systems to its fleet.The 3,550-dwt sister vessels Baltic Iron and Baltic Timber are each fitted with two Econowind VentoFoils, which are expected to reduce fuel consumption by up to 12% by harnessing wind to generate supplementary propulsion.The VentoFoils…
ZIM Q2 Profit Jumps as Transpacific Strength, Higher Rates Lift Results
ZIM Integrated Shipping Services reported stronger second-quarter 2026 results, as its exposure to the Transpacific trades, higher freight rates and increased container volumes helped drive revenue and profit higher, while the carrier continues a significant fleet renewal program ahead of its pending acquisition by Hapag-Lloyd.ZIM posted second-quarter revenue of $1.78 billion, up 9% year-on-year, while net income jumped to $64 million from $24 million.
Cold Spray Metal 3D Printing Goes to Sea at RIMPAC 2026
A U.S.-led advanced manufacturing team demonstrated the ability to produce mission-critical metal replacement parts aboard a vessel underway during RIMPAC 2026, marking the first at-sea deployment of a SPEE3D cold spray manufacturing system.The Consortium for Advanced Manufacturing Research and Education (CAMRE) at the Naval Postgraduate School, working with the U.S. Army Combat Capabilities Development Command Army Research Laboratory and other partners…
ALMACO Completes Liberty of the Seas Modernization
ALMACO Group completed a major modernization project aboard Royal Caribbean International’s Liberty of the Seas, delivering new catering, accommodation and public spaces during the cruise ship’s yard period at Damen Shipyard.Completed in May 2026, ALMACO’s catering scope included an approximately 90-sq.-m. galley, 35-sq.-m. pantry and three bar areas — Starbucks, The Lime & Coconut and El Loco Fresh — totaling approximately 100 sq.
New GHG Data Framework for RoRo Vessel
The Global Ro-Ro Community (GRC)*1, whose participants include Ro-Ro carriers and other stakeholders, and which covers approximately 80% of the transport capacity of the global car carrier fleet*2, has established the GRC Council (GRCC), a body responsible for the operation of the GRC. Since the establishment of the GRC, ClassNK has participated as an independent verifier. In connection with the establishment of the GRCC…
SOHAR Port Cargo Throughput Jumps 52% in First Half of 2026
SOHAR Port and Freezone in Oman reported a sharp increase in cargo activity during the first half of 2026, handling 52 million metric tons, up 52% compared with the same period last year.Container throughput increased 40% to 545,000 TEUs, primarily on higher transshipment volumes, while breakbulk cargo nearly doubled to 1.24 million metric tons. Ship-to-ship cargo handling reached 24.38 million metric tons.Despite a moderation in dry bulk volumes…
UAE Says Two Missiles Detected Earlier were Launched from Iran
The United Arab Emirates' defense ministry said on Tuesday that it had detected two ballistic missiles launched from Iran, the first such incident reported since a May 4 strike on the Fujairah port.In a statement later, the ministry said the missiles targeted "maritime traffic" based on its assessments. Both missiles fell into the sea, it said.Iran's foreign ministry spokesperson Esmaeil Baghaei rejected early on Wednesday the statement by the UAE…
Hormuz Traffic Slows as Uncertainty Persists
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on Tuesday, Kpler data showed by 0258 GMT, down from nine a day earlier and below the 10-day daily average of 11.Inbound traffic included an empty very large crude carrier that followed the Omani side of the strait…
Portchain and X-Press Feeders Partner on Efficiency
Portchain and X-Press Feeders have announced a partnership to bring digital solutions to the feeder market through the deployment of Portchain Connect.The project will optimize berth alignment through real-time data exchange, enhancing just-in-time (JIT) arrivals and improving overall operational efficiency. By leveraging Portchain's digital tools, X-Press Feeders aims to enhance planning accuracy and operational responsiveness…
Danish Shipping Welcomes EU Proposal for Indian Ship Recyclers
The European Commission has proposed adding two Indian ship recycling facilities in Alang to the European List of approved ship recycling facilities. Danish Shipping warmly welcomes the proposal, calling it an important step for responsible ship recycling.The proposal recognizes ship recycling facilities that have demonstrated compliance with the EU Ship Recycling Regulation, irrespective of where they are located."This is an important step. And it has been a long time coming.
Iraq to Export Crude via Multiple Outlets
Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday.The contracts under the new mechanism will run for three months starting September 1, according to a statement issued after the cabinet meeting.Iraq is seeking to diversify its oil export channels and maintain flexibility in marketing its crude amid the Iran war and the closure of the Strait of Hormuz…
Data Center Projects Boost Port of Los Angeles July Volumes
The Port of Los Angeles, the nation's busiest seaport, notched its second-highest volume for July, boosted by resilient demand for consumer goods and equipment for manufacturing and data center construction, its executive director said on Tuesday.That demand should support another strong result for August, executive director Gene Seroka said.Ocean container imports are an early gauge of U.S. economic activity and are closely watched by analysts and traders.The Port of Los Angeles processed 960…
JLL Advises, Provides Brokerage Services for Mare Island Maritime Campus
JLL announced that it has been exclusively retained to provide strategic advisory and brokerage services for Mare Island Maritime Campus, a maritime industrial property with two million square feet of existing buildings and four operational dry docks. Located in Vallejo, California, the former Mare Island Naval Shipyard represents an opportunity as federal mandates and bipartisan legislation drive the largest maritime industrial mobilization since World War II.JLL is advising The Nimitz Group…
Construction of Two Icebreakers at Bollinger Shipyards Progresses
The hull of the first heavy polar icebreaker for the Coast Guard is taking shape after years of delays on the Gulf Coast. The stern sections of the future USCGC Polar Sentinel (WMSP-21) are now standing almost four stories high in the middle of the Bollinger Mississippi shipyard. As of early August, the stern section of the future Polar Security Cutter was positioned to be welded in place.Bollinger has overseen the project since it inherited the contract when it bought the yard from V.T.
US Lifts Conditions of Entry Restrictions for Nigerian Vessels
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.The restrictions, known as Conditions of Entry (CoE), were introduced by the U.S. Coast Guard in June 2014 and required vessels…
No US-Iran Talks Planned, Hormuz Remains Closed
U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and none were scheduled, and he insisted that the Strait of Hormuz was open, contradicting an earlier Iranian assertion that the critical waterway remained shut to shipping.The receding prospects of a deal to end the nearly six-month conflict drove up oil prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S.
Geir Håøy Appointed to MacArtney Board of Directors
MacArtney Underwater Technology has appointed Geir Håøy, former President and CEO of KONGSBERG, to its Board of Directors, effective June 2026. Throughout his career, Håøy has worked with technologies developed and deployed in maritime, defense, and ocean-focused industries, where operational performance carries clear consequences. Håøy spent more than 30 years at KONGSBERG, including over 10 years as President and CEO.
Brennan Acquires Budrovich’s Marine Ops
J.F. Brennan Company (Brennan) has acquired the marine operations of Budrovich Contracting Co., Inc., establishing a permanent presence in St. Louis and building on its longstanding relationships in the region.The acquisition builds on a seven-year relationship between Brennan and Budrovich’s Marine Operations team. During that time, the companies have worked together in the region, developing a strong understanding of the needs of local marine and industrial facilities.With the acquisition…
