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BIMCO urges IMO to address contradictions in ship recycling conventions

BIMCO, one of the world's largest international shipping associations, in collaboration with Bangladesh, India, Norway, Pakistan, and the International Chamber of Shipping (ICS), has...

HMM reports financial declines, but remains profitable

In line with the trend observed among its counterparts, HMM, a major South Korean container carrier, reported a decline in its financial figures for...

US container imports from major Asian countries increase in January

Container volumes from ten major Asian countries to the United States reached 1.65 million TEUs in January, marking a 15.6% increase compared to the...

European Council and Parliament reach agreement to enhance maritime safety

To enhance maritime safety in Europe, negotiators from the European Council presidency and the European Parliament have reached a provisional agreement to amend the...

KEZAD Group collaborates with Titan Lithium

Khalifa Economic Zones Abu Dhabi (KEZAD) Group, the largest operator of integrated economic zones, has partnered with UAE-based Titan Lithium to establish a cutting-edge...

Peak in scrubber-installed boxship fleet

The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC's preference...

Spanish police seize over 8.5 tonnes of cocaine in two container cases

Spain's police have successfully executed two significant cocaine seizures from containers unloaded at the ports of Algeciras and Barcelona. Officials from Spain's Customs Surveillance Service...

AD Ports signs MoUs with Gujarat Maritime Board and RITES Limited

AD Ports announced the signing of strategic Memorandums of Understanding (MoUs) with Gujarat Maritime Board and RITES Limited, a certified multi-disciplinary transport and infrastructure...

CMA CGM receives A- rating from the Carbon Disclosure Project

The CMA CGM Group has received an A- rating from the Carbon Disclosure Project (CDP) in its 2023 climate index. The Carbon Disclosure Project stands...

UK freight forwarders embrace UK decision on container shipping rules

The United Kingdom's Competition and Markets Authority (CMA) will not recommend to the Secretary of State for Business and Trade that the current Consortia...

How long can Maersk investors tolerate below-par performance, wonders Linerlytica

Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed...

Braemar sees looming crisis in feeder sector

Demand for feeders is rising mainly as a consequence of the Red Sea crisis which has had a knock-on effect on demolition, but ultimately...

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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