Ocean Rig Poseidon News

 

Georgia Ports Container Trade Up 8.6% in FY 2025

Jul 30, 2025

The Georgia Ports Authority moved 5.7 million twenty-foot equivalent container units in fiscal year 2025 (July 1, 2024-June 30, 2025), an increase of 8.6 percent or 450,000 TEUs compared to the previous fiscal year.  FY2025 was the Port of Savannah’s second busiest year on record, and the rate of growth shows continuing strength in Georgia’s logistics trajectory. In the pandemic year of FY2022, GPA handled 5…

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Aug 05, 2025

Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container volumes and bigger custom fees.Airfreight tonnage…

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Jul 29, 2025

Latest data from Xeneta, an ocean and air freight intelligence platform, shows average spot rates from China to the US West Coast are down 59% since June 1, 2025, at USD 2 268 per FEU (40ft container). Rates have also plummeted into the US East Coast…

Britlift Launches New All-In-One Container Lifting System

Jul 21, 2025

A new all-in-one package aims to make it quicker, safer and easier to lift shipping containers.The boxed 10-ton container lifting system from Britlift includes its T13 modular spreader beam, plus all the necessary shackles, CLB container lifting lugs…

Current News

Chevron Looks to Expand West African Acreage After Guinea-Bissau Deal

Chevron Looks to Expand West A

Seatrium Divests Non-Core Platform Supply Vessels For $59.7m

Seatrium Divests Non-Core Plat

THREE60 Energy Acquires Total Vision

THREE60 Energy Acquires Total

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

ABL to Support Platform Instal

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine