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WinGD to develop methanol and ammonia engines

The Swiss engine designer WinGD has announced that its engines will be able to run on methanol and ammonia from 2024 and 2025, respectively. WinGD’s...

WinGD and HHI-EMD to develop sustainable engine technology

Marine engine designer and power system integrator WinGD and engine builder Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) will strengthen their collaboration by partnering...

WinGD sees large engines’ orders soar amid boxship spree

Swiss-based engine developer, WinGD has seen more than 80 orders of its largest engines in 2021 as shipowners continue to invest in large container...
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WiseTech Global takes over Australian GTM solution provider

WiseTech Global, developer of the CargoWise logistics platform, has announced an agreement to acquire BSM Global, an Australian-based provider of global trade management (GTM)...

Weekly Highlights of Container Shipping Companies Stocks

The container shipping sector experienced a dynamic week marked by fluctuations in stock prices, reflecting broader economic trends, trade dynamics, and geopolitical developments. Amid concerns...

Evergreen diversifies into real estate to manage volatility

Evergreen Marine Corporation (EMC) has invested US$153 million to acquire real estate in New Jersey, US. The Taiwanese liner operator’s president, Wu Kuang Hui, said...

How US agencies made a success of “complex” Dali salvage

All salvage operations are complex and have their own particular challenges, but few recoveries can have had so many elements of potential danger as...