Global logistics provider Kuehne+Nagel has announced the opening of a new Road Logistics facility in Laredo, Texas, United States. Spanning over 40,100 m², the facility...

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BAR Technologies advocates wind energy as key decarbonization solution

Alexandros Itimoudis - March 20, 2025 0

BAR Technologies is calling for a broader discussion on the future of shipping fuels, highlighting wind energy as a prominent solution. This was based on...

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Europe’s shipping strength under pressure amid rising Asian competition

Alexandros Itimoudis - March 20, 2025 0

European shipping has solidified its role as a key geopolitical asset for the European Union (EU), commanding a significant portion of the global fleet. This...

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Gaza escalation raises risks of further disruptions in Red Sea

Alexandros Itimoudis - March 20, 2025 0

The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding...

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Major box lines move to acquire ownership of chartered vessels

Container News Team - March 20, 2025 0

Evergreen Marine Corporation, Ocean Network Express (ONE) and HMM have all purchased several ships that they had on long-term charter from leasing companies, as...

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Industry backlash against US tariffs on Chinese-built ships

Alexandros Itimoudis - March 20, 2025 0

The US Trade Representative's proposed Section 301 actions targeting Chinese-built and operated vessels are facing staunch opposition from key stakeholders within the maritime industry. The...

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Hapag-Lloyd reports profit decline in 2024

Antonis Karamalegkos - March 20, 2025 0

German ocean carrier Hapag-Lloyd reported a slight increase in its 2024 earnings, with EBITDA rising to US$5 billion and EBIT improving to US$2.8 billion....

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DP World London Gateway welcomes first Gemini vessel

Ioanna Kontos - March 20, 2025 0

DP World London Gateway has received its first vessel under the new agreement with the Gemini Cooperation, a partnership between Maersk and Hapag-Lloyd. Maersk Stadelhorn...

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Vietnam demonstrates resilience and emerges as key player in global trade

Alexandros Itimoudis - March 20, 2025 0

Vietnam is charting a resilient path through the turbulent waters of global trade with a set target of US$454 billion in exports for this...

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Gulf Islamic Investments Group to double US portfolio

Ioanna Kontos - March 20, 2025 0

Gulf Islamic Investments (GII) Group plans to expand its presence in the United States by doubling its current US$750 million portfolio through GII Saudi...

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HarborLab launches HL AI for smarter port cost management

Ioanna Kontos - March 19, 2025 0

HarborLab aims to enhance transparency, efficiency, and trust within the maritime industry, introducing HL AI, an innovative feature designed to revolutionize the management and...

Major container lines report over US$27 billion in 2024 earnings

Ioanna Kontos - March 19, 2025 0

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

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DP World, Reliance Industries team up on innovative rail solution

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