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Home | Industry Updates

Industry Updates

Davie Acquires Enersense Offshore to Strengthen Arctic Shipbuilding Capabilities

  • Industry Updates
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  • Shipping
by Editor - 9 July 20259 July 2025

Québec-based shipbuilding group Davie has entered into an agreement to acquire Enersense Offshore Oy, a steel and fabrication unit located in Mäntyluoto, Pori, Finland, marking

Tagged Davie Enersense Offshore Helsinki Shipyard Polar Max Shipbuilding

Global Project Cargo Market Poised for $672 Billion Surge by 2031

  • Industry Updates
  • News Feed
by Newsdesk - 7 July 20257 July 2025

The global project cargo logistics market is accelerating, valued at USD 422.6 billion in 2023 and forecast to reach USD 672.3 billion by 2031, according to industry analysts—growing at

Tagged infrastructure development logistics technology multimodal freight project cargo logistics renewable energy transport

North American Supply Chains Face Peak Season Pressure Amid Tariff Uncertainty and Capacity Crunch

  • Industry Updates
  • News Feed
by Newsdesk - 3 July 20253 July 2025

As the second half of the year kicks off, logistics professionals across North America are grappling with a volatile mix of rising demand, constrained space,

Tagged LCL shipping Logistics Ocean freight peak season tariffs

IMO MSC 110 Wraps with Key Progress on Autonomous Ships, Fuels & Safety Standards

  • Industry Updates
  • News Feed
by Newsdesk - 1 July 20251 July 2025

The International Maritime Organization (IMO) took meaningful steps toward decarbonization and maritime safety modernization during the 110th session of the Maritime Safety Committee (MSC 110),

Tagged alternative fuels IMO MASS Code MSC110 SOLAS

Ørsted Hits Key Offshore Milestones at Greater Changhua Wind Project

  • Industry Updates
  • Logistics
  • Maritime
  • News Feed
by Editor - 27 June 202527 June 2025

Progress at the 920 MW Greater Changhua 2b and 4 offshore wind project in Taiwan continues to accelerate, with several major construction milestones checked off

Tagged breakbulk logistics Marine Construction Offshore wind Taiwan energy Ørsted

Global Container Port Throughput Rises in April, Led by North America and Greater China

  • Industry Updates
  • News Feed
  • Ports
by Newsdesk - 26 June 202526 June 2025

The global container port sector continued its upward trend in April, with throughput increasing by 0.5% month-on-month (MoM) and 5.6% year-on-year (YoY), according to the

Tagged container shipping Drewry Global Logistics port throughput trade trends

NATO’s 5% Defense Spending Push Signals New Era for Global Shipping Infrastructure

  • Industry Updates
  • News Feed
by Newsdesk - 25 June 202525 June 2025

NATO’s unprecedented move to ramp up defense spending to 5% of GDP by 2035 is more than a military milestone—it’s a strategic reset that will

Tagged cyber defense global shipping maritime infrastructure NATO Port Security

Project Logistics Market Nears $490 Billion as Global Infrastructure Projects Surge

  • Development
  • Industry Updates
  • News Feed
by Newsdesk - 23 June 202523 June 2025

Image The global project logistics market is rapidly expanding, reaching an estimated USD 489.8 billion in 2023, as countries ramp up investments in infrastructure, energy, and

Tagged energy projects global transport heavy lift infrastructure Project Logistics

Strait of Hormuz Closure Threatens Global Container Trade as Jebel Ali Faces Disruption

  • Economy
  • Industry Updates
  • News Feed
by Newsdesk - 23 June 202523 June 2025

A potential closure of the Strait of Hormuz could send shockwaves through global logistics—not just oil markets—with container shipping, port operations, and supply chains bracing

Tagged container shipping freight rates Global Logistics Jebel Ali Port Strait of Hormuz

Shippers Brace for Freight Rate Swings as East-West Routes Remain Highly Volatile

  • Industry Updates
  • News Feed
by Newsdesk - 23 June 202523 June 2025

Five years after the COVID-19 shipping crisis, volatility in container freight rates is still rocking supply chains—especially on East-West routes—leaving shippers exposed to big cost

Tagged container shipping Drewry East-West shipping freight rates Maritime Logistics

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