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Course reversal: HMM sale not on the cards

South Korea's Oceans and Fisheries Minister Kang Do-hyung said the government is not planning another attempt to sell its interest in HMM anytime soon. Kang...

Yang Ming adopts sustainable biofuel to its fleet

In response to the 2050 net-zero emissions target, Yang Ming Marine Transport Corp. is taking a significant step by integrating sustainable biofuel into its...

Unity insurance facility expanded to cover all shipping in Ukrainian ports

Marsh McLennan, the major global professional services firm specializing in risk, strategy, and human capital, has collaborated with the Ukrainian government and Lloyd’s to...

ClassNK approves new vessel monitoring solution

ClassNK has granted its Innovation Endorsement for Products & Solutions to "Cassandra", a vessel and voyage performance monitoring platform developed by Deep Sea Technologies...

Major shipping associations express concern about Houthi rebels’ first fatal vessel attack

Several associations of the shipping industry published a joint statement to express their deep concern over the tragic loss of life and injuries suffered...

MacGregor to provide Prysmian with three cranes for installation on cable-laying vessel

MacGregor, a part of Cargotec and a leader in sustainable maritime cargo and load handling, has secured a large order to provide three cranes...

Houthis first fatal ship attack: Three seafarers killed

Houthi rebels have inflicted the first fatal attack on a ship since the Iran-backed group began reprisals for the Israel-Gaza War in November 2023. Three...

Yang Ming marginally profitable in 2023

Yang Ming Marine Transport Corporation achieved consolidated revenues of US$4.51 billion and after-tax profits of US$153.26 million. "Amidst inflation and economic growth slowdown in 2023,...

Kuehne+Nagel hires new managing director for its Poland branch

Emilia Górska-Mytyk, a Polish national born in 1980, has been appointed as the new managing director of Kuehne+Nagel Poland, commencing her role in February...

MOL inks long-term charter for new LNG carrier with Tokyo LNG Tanker

Mitsui O.S.K. Lines (MOL) has announced the signing of a long-term charter agreement for a new LNG carrier with Tokyo LNG Tanker (TLT), a...

Kuehne+Nagel acquires Malaysian trucking company to enhance Asia Pacific cross-border services

Kuehne+Nagel has finalized an agreement to purchase City Zone Express, a subsidiary of Chasen Holdings, a company listed on the Singapore Exchange Mainboard. City Zone...

Wärtsilä partners with American naval engineering company to cut port emissions

Technology group Wärtsilä has entered into a collaboration agreement with Elliott Bay Design Group (EBDG), a US-based naval architecture and marine engineering firm, to...

Latest Posts

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...

DACHSER drives from Ireland to the European continent

DACHSER has reintroduced a key logistics route connecting Ireland to continental Europe via the UK, reviving what was once a common practice before Brexit...

Constanta Port secures EU funds

The European financing contract for Stage II of the “Modernization of the Electricity Distribution Infrastructure in the Port of Constanta” project has been officially...
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