MacGregor, a part of Cargotec, has secured a significant order for its 50-tonne active heave compensated (AHC) crane, which will be installed on the...

Industry Opinions

Peak in China’s coal demand in sight as renewables jump 12%

Ioanna Kontos - May 23, 2024 0

Between January and April 2024, China’s electricity generation from renewables surged 12% y/y, significantly outpacing the 6% growth in generation from fossil fuels. "While steam...

Out of the Box

Tanker stalls after being hit by Houthi missile

Container News Team - May 20, 2024 0

An oil tanker temporarily lost propulsion after it was hit by a Houthi missile on 18 May. The US Central Command said that at 1...

Out of the Box

Stena Oil opens its new terminal in Denmark

Container News Team - May 15, 2024 0

Stena Oil's new terminal with a capacity of 75,000 cubic meters in Frederikshavn, Denmark was inaugurated on 14 May. Stena Oil, a global player in...

Out of the Box

Maersk launches air freight gateway in Miami

Container News Team - May 9, 2024 0

Maersk expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami, US. The Danish company said this...

Out of the Box

Tanker sustains damage as Houthis intensify attacks

Container News Team - April 30, 2024 0

For the first time in over a month, a ship has suffered damage in a Houthi missile attack in the Red Sea, as the...

Out of the Box

CMA CGM AIR CARGO set to expand with Transpacific route launch in summer

Ioanna Kontos - April 16, 2024 0

CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, signalling a significant...

Industry Opinions

EU tanker import tonne mile demand up 12% as ships avoid Red Sea area

Container News Team - April 11, 2024 0

“In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing...

News

Wallenius Wilhelmsen signs US$1 billion deal with premium car segment global player

Antonis Karamalegkos - April 9, 2024 0

The Norwegian/Swedish shipping company Wallenius Wilhelmsen recently signed a multi-year contract with a major firm in the premium car segment, valued at more than...

Out of the Box

Hiab secures US$5.4 million order for offshore wind turbine loader cranes

Ioanna Kontos - March 27, 2024 0

Hiab, a division of Cargotec, has secured a significant US$5.4 million order for loader cranes which will be used in offshore wind turbines. The...

Out of the Box

Almost all crew perish as chemical tanker capsizes off Japan

Container News Team - March 21, 2024 0

A 1,168 dwt chemical/products tanker, Keoyoung Sun, capsized in strong winds off Shimonoseki on Japan's southwestern coast on 20 March, leaving 10 of its...

Out of the Box

DP World, Goodyear collaborate on tree planting initiative

Ioanna Kontos - March 21, 2024 0

DP World has announced the successful planting of 702 trees as part of an ongoing initiative to reduce carbon emissions, in collaboration with the...

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Out of the Box

DHL Express France opens gateway at Lyon-Saint Exupéry airport

Kongsberg Discovery to acquire underwater acoustics Leader Sonatech

Wärtsilä hybrid propulsion to power four new Vertom vessels

Chapman Freeborn and Optimus Logistics Group form strategic partnership

Capesize S&P activity drops around 48%

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