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Konecranes upgrades forecast in earnings and net sales

Konecranes has upgraded its sales outlook for 2024, citing continued strong delivery performance. The company now anticipates an increase in full-year 2024 sales compared...

ClassNK releases “Guidelines for Liquefied Hydrogen Carriers”

ClassNK has released the ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.0)’, which provide crucial information for evaluating the safety of liquefied hydrogen carriers and...

DSV buys DB Schenker for US$16.4 billion [updated]

Danish logistics firm DSV will acquire Deutsche Bahn's rail logistics arm DB Schenker, after the signing of the sale agreement by the two companies. DSV's...

Regional Container Lines names two new boxships in Japan

Regional Container Lines (RCL) named its two latest vessels, Ussama Bhum and Varanya Bhum, in a ceremony at the Japanese Hiroshima Shipyard on 27...

KPI OceanConnect expands global presence with new office in Japan

KPI OceanConnect, a global provider of marine energy solutions, has announced the opening of its new office in Tokyo, Japan, further strengthening its regional...

China’s expanding presence in African ports

Africa has become a focal point for China's Belt and Road Initiative (BRI), with the continent emerging as the largest recipient of Chinese engagement...

Ports around the Red Sea area struggle with sharp decline in deep-sea calls

"We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container...

Liberia and China strengthen ties with renewed agreement

The Liberian Registry, the largest ship registry in the world, announced the renewal of a historic maritime agreement between the People's Republic of China...

Maritime security threats in Red Sea and Gulf of Guinea

The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is marked by escalating threats and vulnerabilities. Recent Houthi attacks in...

Safetrans ship set to be largest to cross Northern Sea Route

Safetrans Line-owned Panamax vessel Flying Fish 1 is set to become the largest container ship to traverse the Baltic-China Northern Sea Route (NSR), when...

Kongsberg Discovery selects new Manager for North America

Sandeep Sandhu was appointed as General Manager for Kongsberg Discovery Canada in August 2024. In his new role, he oversees Kongsberg Discovery’s operations in...

New alliance formation intensifies battle between major lines

With the container shipping alliance landscape expected to change in less than five months, it is worth examining the current dynamics of the alliances...

Latest Posts

MSC adjusts two services

Mediterranean Shipping Company (MSC) announced the temporary suspension of its Pearl service, with no timeline yet set for its return, in response to the...

What could be the impact of the new round of volatility in the Red Sea?

The Red Sea once again is slipping into volatility after Houthi renewed their attacks on commercial vessels, an indicator that the militant group still...

JAXPORT first Southeast port in Premier Alliance service change

Jacksonville Port Authority (JAXPORT) is now the first Southeast U.S. port of call in the Premier Alliance’s revised East Coast 3 (EC3) container service,...

Global bunker prices show average growth

Global bunker indices tracked by Marine Bunker Exchange (MABUX) continued their moderate growth amid signs of relative market stabilization. The 380 HSFO index increased...

Tesco to open cutting-edge Distribution Hub

Tesco has unveiled plans for a major new distribution centre at DP World’s London Gateway, marking a multi-million-pound investment to support its growing UK...
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