News Flash
XPO Named One of America’s Most Reliable Companies for 2025 by Newsweek
XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one of "America's Most Reliable Companies”...
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LR signs MoU with Robban Assafina to expand training in MEA region
Lloyd’s Register (LR) and Middle-Eastern maritime media and training provider Robban Assafina have inked a Memorandum of Understanding (MOU) to...
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OOCL Signs Charter Agreements with Seaspan for Six New 13,000 TEU Container Vessels
Orient Overseas Container Lines (“OOCL”) entered into charter agreements on 22 October 2024 with Seaspan, to charter six brand new...
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Ahti Pool’s vessels under management reaches ~200 with Van Weelde Shipping Group’s LOI
The Van Weelde Shipping Group, owners of the dry cargo fleet managed by Orient Shipping Rotterdam (OSR), has signed a...
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“K” LINE to trial Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will...
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TwinShip project aims to improve access to reliable data for aiding in shipping decarbonization
A consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving...
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Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping Industry
Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions for decarbonizing the maritime shipping industry,...
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Panama establishes legal framework to revoke registration and licenses of vessels on international sanctions lists
The Panama Maritime Authority (PMA) has introduced a legal mechanism enabling the immediate revocation of registration and navigation licenses for...
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Hapag-Lloyd raises its earnings outlook for the current financial year and publishes preliminary earnings figures for the first nine months of 2024
Based on preliminary and unaudited figures, Hapag-Lloyd AG achieved a Group EBITDA of approximately USD 3.6 billion (EUR 3.3 billion)...
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Asia Fuel Oil-Benchmarks strengthen despite inventory builds
Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November and backwardation firming despite...
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Singapore’s marine biodiesel trial key to net-zero goals, but challenges linger
The recent marine decarbonization agreement between Pinnacle Marine and Singapore’s maritime research center is crucial to achieving net-zero goals, industry...
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Baltic index falls as all vessel segments decline
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Thursday,...
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Carbon Ridge Closes $9.5M Investment to Accelerate Decarbonization of the Maritime Shipping Industry
Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions for decarbonizing the maritime shipping industry,...
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UK satellites to boost maritime security on track for 2025 launch
A satellite developed by the UK business Horizon Technologies has successfully completed its Critical Design Review (CDR), and is on...
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Post-MEPC 82: adapting regulations to reality
The Marine Environment Protection Committee’s 82nd meeting (MEPC 82), held shortly after the implementation of the D-2 standard on 8...
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MAN Engines expands engine portfolio for marine applications in EU Stage V with 30-litre MAN D3872 engine
In the course of the market launch of the MAN D3872 for workboats, MAN Engines is expanding its portfolio with...
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Kongsberg Maritime secures 800 million NOK contract from Fujian Mawei Shipbuilding in China for ten Capital Offshore new build Platform Supply Vessels.
The contract win, worth NOK 800 million or nearly $73.3 million, which was secured with China’s Fujian Mawei Shipbuilding, will see...
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CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular...
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Top officials to meet in Hong Kong for high-level summit on global trade and rising protectionism
Amid rising trade tensions and increasing protectionist measures leaders of the maritime sector will gather for The Hong Kong Global...
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Fincantieri Group signs MoU with Barzan Holdings for anti-drone radar system in Qatar
Fincantieri Group has signed a Memorandum of Understanding (MoU) with Barzan Holdings, a company wholly owned by the Qatari Ministry...
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