VIKING Life-Saving Equipment, a maritime safety solution provider, and FAIN, a supplier of firefighting systems, have entered into an exclusive global agreement. Under this partnership,...

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AD Ports Group and Government of Pakistan sign four MoUs

Ioanna Kontos - November 11, 2024 0

UAE's AD Ports Group has signed four Memorandums of Understanding (MoUs) with the Government of Pakistan to explore collaboration opportunities across maritime, air, rail...

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SAFEEN Group, DAMEN set Guinness World Record™️ for most powerful electric tugboat

Ioanna Kontos - November 11, 2024 0

SAFEEN Group, a part of AD Ports Group’s Maritime & Shipping Cluster, in partnership with DAMEN Shipyards Group, has announced setting a Guinness World...

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Bay of Bengal in the Center of Geopolitical Dynamics Amid High Port Competitiveness

Alexandros Itimoudis - November 11, 2024 0

As the Indo-Pacific concept gains traction, the Bengal area is expected to emerge as a major center of economic development in Asia in the...

Spain denies entry to Maersk ships over alleged arms shipments to Israel

Container News Team - November 11, 2024 0

Two Maersk ships have been compelled to skip scheduled calls at Spain’s Algeciras port following allegations that they are moving weapons for Israel. The 2007-built,...

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SAAM records over US$420 million in revenue in 2024 so far

Container News Team - November 11, 2024 0

SAAM has achieved improved financial results in the first three quarters of the year, with revenue of US$427 million and EBITDA of US$137 million,...

DP World takes over Silk Logistics for US$115 million

Antonis Karamalegkos - November 11, 2024 0

DP World Australia has entered into a binding Scheme Implementation Deed for the acquisition of the issued share capital of Silk Logistics Holdings Limited...

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CMA CGM nears US$16 billion revenue in strong Q3 results

Ioanna Kontos - November 11, 2024 0

In the third quarter of 2024, the CMA CGM Group delivered strong results, capitalizing on a favourable market environment and addressing operational challenges. Driven by...

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KMTC orders new 8,700 TEU boxships

Container News Team - November 11, 2024 0

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai Group’s shipbuilding business, signed a deal with Korea Marine...

Weekly Stock Performance of Container Shipping Companies

Giannis Nikolakis - November 8, 2024 0

The past week saw mixed performance across major container shipping companies, reflecting diverse market conditions, investor sentiments, and regional economic influences. Many companies experienced...

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Vietnam tries to capitalize on US-China trade tensions

Alexandros Itimoudis - November 8, 2024 0

Vietnam has emerged as one of the main beneficiaries in Southeast Asia from the ongoing trade tensions between the world’s two largest economies, the...

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IMO to champion net-zero shipping framework at COP 29

Ioanna Kontos - November 8, 2024 0

Secretary-General of the International Maritime Organization (IMO) Arsenio Dominguez will lead the IMO delegation at COP 29, the annual UN Climate Change Conference, which...

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Kongsberg to launch autonomous underwater vehicles

CLdN plans expansion at Teesport

NEMO expands global influence

MPA partners with InstaSG to celebrate Singapore’s maritime heritage

Eimskip sells vessel Lagarfoss

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CLdN plans expansion at Teesport

NEMO expands global influence

Sinolines and China Merchants affiliates intensify control over Antong

MPA partners with InstaSG to celebrate Singapore’s maritime heritage

Eimskip sells vessel Lagarfoss