SAMJOHN LIGHT

Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined capacity management and rising freight rates, while continuing to invest in fleet modernization under its long-term ONE2030 strategy.For the quarter ended June 30, 2026, the Singapore-based container carrier generated revenue of $4.54 billion, EBITDA of $707 million and EBIT of $76 million, resulting in a net profit of $31 million. The carrier transported 3.26 million TEU during the quarter at an average freight rate of $1,300 per TEU.

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos, were chosen under a 2024 call for projects aimed at adapting French port infrastructure for the manufacture, assembly and integration of floating offshore wind components.The government said the selected projects are expected to unlock nearly $1.

CHICAGO — July 30, 2026 —  The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines and leveraging the region's unmatched manufacturing ecosystem, according to U.S. Maritime Administrator Stephen M. Carmel.Speaking at the American Great Lakes Ports Association's annual meeting in Chicago today, Carmel argued that the Great Lakes should be viewed not as a regional transportation network, but as a national strategic asset that is central to rebuilding America's commercial shipbuilding and industrial base.

McDonough Marine said that Michael Alfortish has joined the company as its Director of Maintenance. Alfortish brings more than 14 years of experience in the marine industry, holding key leadership roles in both shipyard and marine transportation operations. His experience includes overseeing vessel and barge repairs, supporting new construction projects, managing environmental compliance programs, and leading fleet operations for a large marine transportation company. "We are excited to welcome Michael to the McDonough Marine team," said David Beerbohm, Vice President of Maintenance.

Carnival Cruise Line (CCL) has signed an agreement with Jotun to implement Hull Skating Solution (HSS), becoming the first cruise operator to use this robotic proactive hull cleaning technology. With this commitment, Carnival continues to utilise innovation and technology to reduce emissions and protect biodiversity.As one of the world’s largest and most influential cruise brands, Carnival’s adoption of HSS to its vessel Carnival Pride marks an important shift for the wider industry. The technology enables proactive hull cleaning, ensuring vessels maintain an always clean hull across typical cruise operations.