Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk, MSC and others already operating container terminals in Latin America's largest port, as these companies will only be able to enter a second phase of the auction if the first does not attract valid bids.
China's trade surplus topped $1 trillion for the first time as manufacturers seeking to avoid President Donald Trump's tariffs shipped more to non-U.S. markets in November, with exports to Europe, Australia and Southeast Asia surging.Shipments to the United States dropped by close to one-third from the same month a year before."The tariff cuts agreed under the U.S.-China trade truce didn't help to lift shipments to the U.S. last month, but overall export growth rebounded nonetheless," said Zichun Huang, China economist at Capital Economics.
Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med.Nador West Med, under construction on the Mediterranean, is scheduled to be operational in the second half of 2026, Baraka told Reuters in an interview.It will offer 800 hectares for industrial activity, with plans to expand to 5000 hectares, surpassing Tanger Med's industrial zones, he said.
Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.Brent crude futures were down $1.07, or 1.68%, at $62.68 a barrel by 11:05 p.m. EDT, while U.S. West Texas Intermediate crude was at $59.07, down $1.01, or 1.68%.Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest, after a leak on an export pipeline slashed its output, two Iraqi energy officials told Reuters on Monday.
Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents the first hybrid asset in Equinor’s power portfolio, comprising 140 MW of solar and 223 MW of wind capacity.Hybrid projects take advantage of the complementary nature of solar and wind resources, which generate power at different times of the day and throughout different seasons.
Anglo-Eastern Ship Management and Orca AI have entered into a strategic partnership that will see Anglo-Eastern support the installation of Orca AI’s pioneering maritime operations platform across its managed fleet. The collaboration marks the first time a major ship management company has formally committed to support the adoption of AI-driven situational awareness capabilities, highlighting growing demand for related technologies in the maritime industry.
KNUD E. HANSEN, a naval architecture and marine engineering consultancy, has announced a milestone in its ongoing collaboration with Ferry Holdings Limited. Following the successful signing of the shipbuilding contract with Guangzhou Shipyard International (GSI), two new RoPAX vessels will be built.These vessels are destined for service linking the North and South islands across New Zealand’s challenging Cook Strait and through the environmentally sensitive environs of the Tory Channel and Queen Charlotte Sound.
By the end of October 2025, six months had passed since the implementation of the Mediterranean Emission Control Area (ECA). This article will set out to review what’s changed in terms of the fuel mix and fuel quality, across the region between November 1, 2024 - October 31, 2025.The six months leading up to the implementation of the Mediterranean ECA (1st November to30th April 2025), VPS tested marine fuels representing 1,610,852 mt, bunkered in the Top 10Mediterranean ports. This consisted of: 53% VLSFO, 28% HSFO, 16% MGO, 2% ULSFO and 1%Biofuels.
Seaway7, part of Subsea7, has secured a sizeable contract by Ocean Winds for the work on the BC-Wind offshore wind project in Poland.Seaway7’s scope of work includes the transport and installation of 26 transition pieces and an offshore substation with offshore activity expected to commence in 2027.The BC-Wind offshore site is located in the Baltic Sea, approximately 23 kilometers off the Polish coast, and will comprise 26 wind turbine generators.When fully completed, BC-Wind will have a total capacity of up to 390 MW, supplying clean electricity to nearly half a million Polish households.
Wallenius Wilhelmsen has extended two key strategic contracts for shipping services with an estimated additional value of close to $500 million.The first contract is with a premium European auto manufacturer and is extended by three additional years, with the new contract now ending in 2030.The contract is estimated to have a total value of $580 million, with the extension value being $384 million based on expected volumes. The contract extension includes additional volumes and trade lanes. Rates are in line with current market levels and the renewed agreement started in October, 2025.
Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide specialized software that enables a fully digitized and user-friendly overview of vessel traffic at the offshore field.The core of Vissim’s technology is a specially designed software platform which, through input from millions of data points such as the automatic vessel identification system (AIS)
Belgium’s Jan De Nul is commissioning what it calls its most advanced offshore wind installation simulator, a digital twin of its vessels Les Alizés and Voltaire designed to train crews to install the latest generation of giant wind turbines and foundations at sea.The crane simulator, installed at the company’s Aalst office, features a seven-meter-wide dome offering a 360-degree view and allows operators to rehearse complex installation operations at heights exceeding 150 meters.Wind turbine tip heights now reach 300 metres, making installation increasingly demanding.