By Reuters ATHENS/LONDON, July 3 (Reuters) – An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three navy and security …
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The Rise to Global Shipping Dominance and DiversificationGianluigi Aponte, the visionary founder of Mediterranean Shipping Co (MSC), has propelled the company to unprecedented heights, solidifying its position as a dominant …
Maersk and Hapag-Lloyd Unveil “Gemini Cooperation” for Enhanced Ocean Network OperationsHapag-Lloyd AG and Maersk A/S, an A.P. Maersk subsidiary, recently inked a pioneering agreement to establish a new long-term operational …
Lloyd’s Register has signed a Memorandum of Understanding (MoU) with H2Terminals Limited and its partners to evaluate a green hydrogen infrastructure project in the UK. This initiative includes developing an …
In the midst of a significant boom in the shipbuilding industry, labor-management tensions at domestic shipyards in Korea are escalating. Unionized workers are advocating for higher salaries and improved welfare …
DOF Group, a Norwegian offshore supply vessel company, has recently announced its acquisition of Maersk Supply Service (MSS) in a deal valued at $1.11 billion, combining to form a prominent …
Today, 1st of July, 2024, marks a significant milestone in environmental protection efforts as a ban on the use of Heavy Fuel Oil (HFO) in Arctic waters comes into effect. …
Navigating the Waters: The Container Shipping Market Outlook for 2024 The container shipping industry, a crucial artery of global trade, continues to face significant challenges and opportunities as we move …
Interferry’s Call for a Fleet-Balancing Mechanism: A New Approach to CII Compliance As the maritime industry grapples with stringent Carbon Intensity Indicator (CII) regulations, Interferry has proposed a novel fleet-balancing …
Bulgarian shipowner IHB Shipping, a subsidiary of Industrial Holding Bulgaria (IHB), has announced a significant fleet renewal with an order for three ultramax newbuilds from Chinese shipbuilder New Dayang. This …