CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion, essentially flat year-over-year, while EBITDA fell 31.6% to $2.11 billion and net income dropped sharply to $250 million, down from $1.
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President Xi Jinping attended the commissioning and flag-presenting ceremony of the Fujian in Hainan province on Wednesday
St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
ECTMarine delivered a purpose-built workboat to Arab Potash Company (APC) in Jordan following successful site acceptance testing (SAT).The SAT of the Custom Workboat 104 was completed last week on APC's brine evaporation ponds at the Dead Sea. APC was represented on site by its main contractor, Alghanem.
China is combining militia vessels with coast guard ships to expand "battlefield preparation" around Taiwan and into the western Pacific, Taiwan's Coast Guard said, warning the operations were also putting pressure on Japan and the Philippines.Responding to a Reuters exclusive this month on the first known sighting of a Chinese militia boat off Taiwan's Pacific coast in mid-August
SEA.AI, a provider of maritime machine vision, announced the integration of its technology on MARTAC unmanned surface vessels. MARTAC, a Florida-based manufacturer of autonomous maritime platforms, has selected SEA.AI's system as part of its sensor integration architecture, adding autonomous visual intelligence to its fleet across ISR, security, and patrol mission profiles.
Opsealog has published a whitepaper identifying what it calls a ‘missing loop’ between data collection and operational decision-making in offshore fleets, drawing on 10 years of work across more than 1,000 offshore support vessels.The study, The Conversion Gap: What Offshore Fleets Lose Between Data and Decision
Marine water and waste specialist Hamworthy has unveiled its new Ultra Trident MBR, a membrane bioreactor that brings wastewater treatment to a wider range of vessels.Hamworthy's first major new system development since becoming independent in June 2026, Ultra Trident represents the latest generation of its MBR technology.
A suspected oil spill covering dozens of square kilometres of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill - appearing on images as a grey and white slick - covered waters to the west of the 8-kilometre (5-mile) long island, pictures from Copernicus’s Sentinel-1, Sentinel-2 and Sentinel-3 satellites showed on May 6-8.
Exports from the Port of Los Angeles, the busiest U.S. gateway for ocean trade, fell 8% in January to the lowest monthly output in nearly three years, Executive Director Gene Seroka said on Tuesday."Exports to China look dismal," Seroka said after the Port of Los Angeles handled 104,297 20-foot equivalent units (TEUs) of loaded export containers in January.
Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu), unchanged from the previous week, industry sources said.