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Hapag-Lloyd with good start to 2024 in first quarter of year

Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to...
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Inmarsat ‘Digital Wave’ Report Explores Importance Of Connectivity Onboard ‘Floating Offices’ At Sea

Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels into floating offices and remote homes....
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Asia Fuel Oil-Cash premiums little changed; Singapore’s marine bunker sales decline

Asia’s fuel oil markets were broadly steady on Wednesday after inventories rose at the Fujairah commercial hub. Cash premiums for...
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Singapore marine bunker sales soften for four straight months

Singapore’s marine bunker sales declined for a fourth consecutive month in April, official data showed late on Tuesday. April sales...
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Baltic index slips for 5th straight day on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth...
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Port of Long Beach Cargo Volumes Climb in April

Trade moving through the Port of Long Beach gained momentum in April, marking the eighth consecutive month of year-over-year cargo...
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Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat

 Port of Antwerp-Bruges presented a world premier: the Methatug. This tugboat, which runs on methanol, is part of a greening...
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Auramarine Signs Agreement With Specs Corporation To Strengthen Presence In South Korean Market

Auramarine, the renowned provider of fuel supply systems for the marine, power and process industries, has announced that it has...
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Shofu Maru, World’s 1st Wind Challenger-equipped Coal Carrier Achieves Fuel Savings of 17%

Mitsui O.S.K. Lines, Ltd. announced that its owned and operated Shofu Maru, the world’s first coal carrier equipped with the...
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Ship that hit Maryland bridge had lost power several times, investigators say

The cargo ship Dali lost electrical power several times before it crashed into the Francis Scott Key Bridge in March,...
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Shore-side power supply for container ships in the Port of Hamburg

Hamburg is a European pioneer in shore-side power supply, and after several years of successfully supplying cruise ships in the...
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Ocean Technologies Group and WISTA International Join Forces to Drive Maritime Gender Diversity and Inclusion

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions for the maritime industry, has signed an...
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Odfjell: Record-high results with records to beat as soon as the next quarter

Odfjell posted very strong results last week, significantly beating our and consensus’ predictions. This was even more impressive in a...
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Columbia Shipmanagement (CSM) Türkiye announces collaboration with leading commercial vessel operator Transoba Denizcilik ve Ticaret A.S.

Columbia Shipmanagement (CSM), member of Columbia Group, has underlined its commitment to the Turkish market and entered into a partnership...
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Asia Fuel Oil-Benchmarks hold steady; monthly incoming supplies dip

Asia’s fuel oil benchmarks were little changed on Tuesday, while latest ship-tracking data showed this month’s incoming supplies remained lower...
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Malaysia PM says no evidence of ship-to-ship transfer of Iranian oil off Malaysia

Malaysia Prime Minister, Anwar Ibrahim said there was “not one shred of evidence” of ship-to-ship transfers of sanctioned Iranian oil...
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ABS and HD Hyundai Group Sign MOU to Advance Medium-Voltage Power Systems on Ships

ABS, HD Korea Shipbuilding & Offshore Engineering Co., Ltd. and HD Hyundai Heavy Industries, Co., Ltd. signed a memorandum of...
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OceanCare: Gibraltar orca attack not deliberate or act of revenge

On Sunday, 12 May, the 15-metre yacht “Alboran Cognac” sank in the southern entrance to the Strait of Gibraltar after...
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Will new US tariffs on China imports be a case of history repeating? Businesses brace for increased supply chain costs

Global supply chains are braced for further disruption and increasing costs after US President, Joe Biden announced new tariffs on...
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Baltic index hits more than one-week low on weaker vessel rates

The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities slipped to a more...
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