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No sign of nearshoring, according to Sea-Intelligence analysis

Since the onset of the pandemic, there has been considerable focus on the concept of nearshoring, where production is brought closer to the consumers,...

cargo-partner opens new office in UK

Global transport and logistics provider cargo-partner has launched its fourth office in the United Kingdom, located near London Heathrow Airport. The cargo-partner teams are now...

Rate normalisation drags down CMA CGM’s third quarter financial results

The board of directors of the CMA CGM Group met on 10 November to evaluate its financial and operating results for the third quarter...

Quebec-based blue economy innovation hub Novarium collaborates with Port of Barcelona

Novarium, the Quebec-based blue economy innovation hub, announced the creation of a strategic partnership with the Port of Barcelona. This collaboration will give companies funded by Novarium...

Wärtsilä delivers autodocking system to Seaspan

Wärtsilä ANCS, a subsidiary of Wärtsilä, has offered cutting-edge autonomous SmartDock capabilities to Seaspan, a marine transportation and shipbuilding firm. This delivery represents a key...

HMM’s financial figures sink in 2023

South Korean ocean carrier HMM reported that its third-quarter revenue decreased by 58% to US$1.6 billion. At the same time, the company's operating profit was...

Crown Prince of Norway visits Port of Hamburg

On 7 and 8 November, Crown Prince of Norway Haakon visited Hamburg. The next day, after a welcome in the town hall addressed by...

Hong Kong police bust drug smuggling attempt on PIL ship

Suspected cocaine with a street value of US$50 million was found in a Pacific International Lines (PIL) container ship that arrived in Hong Kong...

New president for Finnish port equipment manufacturer Kalmar

Cargotec's Board of Directors has appointed Sami Niiranen as the company's next President of Kalmar, effective May 2024 at the latest, with Cargotec's present...

Yang Ming nears US$3.5 billion revenue and US$200 million profit in 2023 9M

Yang Ming Marine Transport Corporation published its financial report for the third quarter of 2023. The company's consolidated revenue for the third quarter was US$1.16...

Ruth Wood appointed as permanent CEO at Mersey Maritime

Just five months after becoming Interim chief executive of Mersey Maritime, Ruth Wood has now been appointed to the role on a permanent basis. Ruth...

New order for Wärtsilä’s Cargo Handling Systems for LPG carrier vessels

Wärtsilä will provide Cargo Handling Systems for five new huge LPG carrier vessels being built at the Hyundai Heavy Industries (HHI) yard in South...

Latest Posts

Danelec earns DNV E27 cyber security approval

Danish maritime tech firm Danelec, has received the latest DNV E27 cyber security type approval for the innovative Onboard Insights solution, in order to...

BIMCO Shipping Number of the week: US grain shipments jump 9% despite Chinese tariffs

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs...

Maersk announces PSS for Indian subcontinent and Middle East to U.S. East coast and Gulf

Maersk has announced a revised Peak Season Surcharge (PSS) set to take effect on August 1, 2025, for shipments moving from the Indian Subcontinent...

Chittagong port sees 4% growth in box handling in FY25

Bangladesh’s prime seaport, the Chittagong port, has attained 4.01% container handling growth in fiscal year 2024-25 that ended on June 30. (adsbygoogle...

COSCO joins methanol movers in container shipping

COSCO Shipping Lines has become the next mainline operator to deploy large methanol-propelled container ships, emulating green fuel pioneer Maersk Line, the South Korean...
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