News

Maersk and Hapag-Lloyd Unveil “Gemini Cooperation” for Enhanced Ocean Network Operations Hapag-Lloyd AG and Maersk A/S, an A.P. Maersk subsidiary, recently inked a pioneering agreement to establish a new long-term …

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 a significant move set to reshape the maritime landscape, a new Saudi liner has entered the scene with ambitious plans for fleet expansion, facilitated by a strategic partnership with …

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 …

Trafigura Successfully Completes First Ship-to-Ship Transfer of Ammonia Trafigura Group Pte Ltd, a prominent player in the global commodities industry, has recently achieved a significant milestone by conducting its inaugural …

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 …

In recent years, there has been a notable surge in the number of companies investing in the market of newly built ships. According to the latest report from IHS, this …

In a significant move towards greener maritime operations, Stena RoRo has announced the addition of two more E-Flexer RoPax vessels to its innovative fleet, ordered from the CMI Jinling (Weihai) …

In a dramatic turn of events, the Indonesian freighter Noah Satu (IMO 9313620) caught fire and sank off the coast of Tuban, East Java, sending ripples through the maritime community. …

In an alarming development, a merchant vessel reported being struck by a waterborne improvised explosive device in the Red Sea on Thursday. The incident, confirmed by British security firm Ambrey, …

German shipowner Carsten Rehder has announced a significant new partnership with Indian shipbuilder Garden Reach Shipbuilders & Engineers Ltd. (GRSE) for the construction of eight CORAL 7500 Multipurpose Dry Cargo …

The bill to phase out live sheep exports has successfully passed through the Australian House of Representatives.“This is a historic moment in Australia’s history that brings us closer than ever …

U.S. liquefied natural gas (LNG) exporter Venture Global has launched its first LNG vessel, the Venture Gator, at the Samsung Heavy Industries shipyard in Geoji-si, South Korea. This marks the …

Crowley Maritime has officially christened its pioneering electric harbor tug, the eWolf, in a ceremony held in San Diego. This advanced vessel, which will start commercial operations at the Port …