MacGregor Reports Record Profitability as Q3 Orders Surge 126%
MacGregor reported record profitability in the third quarter of 2026 as new orders more than doubled to $340 million (€305.4 million), driven by strong demand across all its divisions.Orders increased 126% from $150 million (€135 million) in the same quarter last year, lifting the company's order book to $1.49 billion (€1.34 billion) at the end of September, compared with $1.11 billion (€998.6 million) a year earlier.Quarterly revenue rose 1% to $218.7 million (€196.5 million)…
Ports of Indiana-Burns Harbos Receives $11.2m to Modernize Cargo Handling
Ports of Indiana-Burns Harbor has been awarded $11.2 million through the U.S. Department of Transportation's Maritime Administration (MARAD) Port Infrastructure Development Program (PIDP) to modernize its cargo handling, including the specialized equipment needed to support future international container service. The grant is part of a $498 million investment to modernize 35 port projects across 19 states and strengthen America’s supply chains.The Burns Harbor Container Handling Modernization Project will fund a mobile harbor crane…
Port of Oakland's Matson Terminal Begins Construction to Electrify Cargo Handling Fleet
The Port of Oakland will soon begin construction on critical infrastructure improvements across the Oakland Seaport, including upgrades that will enable Matson Terminal to transition to a 100% zero-emission cargo-handling equipment fleet. Once complete, Matson Terminal will be the first marine terminal at the Port of Oakland to achieve this milestone, supported by new charging and electrical infrastructure. The Port celebrated the start of construction today alongside California…
Nord Gas Solutions Receives Contract for Eight VLGC Vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight new 90,000 m³ Very Large Gas Carrier (VLGC) vessels ordered by BW LPG. The vessels will be constructed at HD Hyundai Mipo Dockyard (HD HM), marking the first time that VLGC vessels will be built at this yard within HD. The contract was signed in August 2026.Nord Gas Solutions has maintained a close partnership with BW LPG throughout the years, supporting the owner with service and after-sales support for vessels in operation worldwide.
IDEA Logistics Transports Yankee Dryer From Sweden to Türkiye
IDEA Logistics has arranged the sea transportation of a 136.5-ton Yankee Dryer from Karlstad, Sweden to Iskenderun, Türkiye.The main unit measures approximately 9.02 m x 5.62 m x 5.72 m and weighs 136.5 tons. The shipment also includes additional equipment, bringing the total cargo weight to approximately 146 tons.The Yankee Dryer will be used in paper production as part of an industrial investment in Türkiye. Due to the navigational and draft restrictions around Karlstad and the lake system, not every vessel is suitable for calling the loading location.
MacGregor to Supply Cargo Access, Deck Machinery for BC Ferries’ Newbuilds
MacGregor has been selected to supply cargo access solutions and deck machinery for four new major vessels under BC Ferries’ fleet renewal program.The next-generation vessels, to be built at China Merchants Industry (CMI) Weihai Shipyard, are designed as diesel-battery hybrid, all-electric ready ships intended for BC Ferries’ busiest routes between Vancouver Island and the Lower Mainland in Canada.MacGregor will provide the cargo access equipment along with a dedicated Integrated Logistic Support (ILS) package.
U.S.-Flag Shipping on the Great Lakes Down in 2025
U.S.-flag Great Lakes freighters (lakers) carried 71.3 million tons of cargo in 2025, an 8.9 percent decrease from a year ago. 2025 cargo movement on the Great Lakes was 8.1 percent below the fleet’s 5-year average.Except for salt shipments, which increased by 4.1 percent, all commodity shipments decreased in 2025. Iron ore shipments were down 10.8 percent from 2024 to 39.1 million tons. Coal cargos declined to 6.5 million tons, a decrease of 12 percent. Limestone shipments of 20.1 million tons were below last year’s shipments by 4.7 percent.
MacGregor to Supply Cargo Equipment for Nine New RoPax Vessels
MacGregor has been selected to supply cargo access solutions for nine new RoPax vessels as part of the Grimaldi Group’s major fleet renewal plan.This significant order includes cargo access equipment for three vessels for Finnlines, four for Grimaldi Euromed, and two for Minoan Lines. The vessels will be built at China Merchants Industry Weihai Shipyard Co.The order covers two different vessel designs, including three ships for Finnlines, with a capacity of 5,400 lane meters and 1…
ABS Greenlights HD KSOE’s LNG and Ethane Cargo Handling Systems
ABS has granted two approvals in principle (AIP) for advanced cargo handling systems designed for liquefied natural gas (LNG) carriers and ethane carriers, developed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE).The subcooling refrigeration system is a key advancement in cargo temperature management for LNG carriers.Unlike conventional systems that rely on a single gaseous refrigerant, the subcooling system utilizes a mixed refrigerant of both gas and liquid, which…
Port of Los Angeles Reports Busiest Month Ever
July was the busiest month on record in the 117-year history of the Port of Los Angeles. The Port handled 1,019,837 Twenty-Foot Equivalent Units (TEUs), 8.5% more than last July. Retailers and manufacturers brought in goods at an elevated pace due to concerns of higher tariffs later this year.“Shippers have been frontloading their cargo for months to get ahead of tariffs and recent activity at America’s top port really tells that story,” said Port of Los Angeles Executive Director Gene Seroka.
Creole King Christened in Port of Iberia
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team, the Creole King represents a technological and environmental leap forward for midstream cargo operations. Standing 75 feet tall with a reach of 125 feet, the Creole King is powered by the largest E-Crane of its kind in North America—the EC30382 PD-E from the 4000C Series.