Houthi rebels have inflicted the first fatal attack on a ship since the Iran-backed group began reprisals for the Israel-Gaza War in November 2023. Three...

News

Yang Ming marginally profitable in 2023

Antonis Karamalegkos - March 7, 2024 0

Yang Ming Marine Transport Corporation achieved consolidated revenues of US$4.51 billion and after-tax profits of US$153.26 million. "Amidst inflation and economic growth slowdown in 2023,...

Port News

Leading retailers advocate for UK’s two-port strategy

Ioanna Kontos - March 7, 2024 0

Several rapidly growing value retailers in the United Kingdom have teamed up with Peel Ports Group, a major UK port operator, to advocate for...

News

Kuehne+Nagel hires new managing director for its Poland branch

Ioanna Kontos - March 6, 2024 0

Emilia Górska-Mytyk, a Polish national born in 1980, has been appointed as the new managing director of Kuehne+Nagel Poland, commencing her role in February...

News

MOL inks long-term charter for new LNG carrier with Tokyo LNG Tanker

Ioanna Kontos - March 6, 2024 0

Mitsui O.S.K. Lines (MOL) has announced the signing of a long-term charter agreement for a new LNG carrier with Tokyo LNG Tanker (TLT), a...

Future-Proofing Your Brand: Adapting to Gen Z’s Changing Preferences and Behaviors

Nondas - March 6, 2024 0

According to statistics, it is estimated that as of 2023 Gen Z make up approximately 20% of the US population. This creates a significant...

Industry Opinions

Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace

Ioanna Kontos - March 6, 2024 0

“In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m DWT, a 490% leap y/y, due to a rise...

News

Wärtsilä partners with American naval engineering company to cut port emissions

Container News Team - March 6, 2024 0

Technology group Wärtsilä has entered into a collaboration agreement with Elliott Bay Design Group (EBDG), a US-based naval architecture and marine engineering firm, to...

Volta Shipping appoints new commercial head

Container News Team - March 6, 2024 0

United Arab Emirates-based shipping company Volta Shipping has announced the appointment of Sankhoj Das as the head of its Commercial team. With a background in...

News

Fires hit containers holding oranges in South Korea

Container News Team - March 6, 2024 0

Two refrigerated containers filled with oranges imported from the US burst into flames in two separate incidents in ports in South Korea’s Changwon province...

News

RightShip launches LSEG World-Check One in key partnership

Ioanna Kontos - March 6, 2024 0

RightShip, a global ESG-focused digital maritime platform, unveils the introduction of LSEG World-Check One, marking a significant partnership between RightShip and the London Stock...

Port News

Spanish government approves construction tender for electrical substation at Port of Valencia

Ioanna Kontos - March 6, 2024 0

Spain's Council of Ministers, upon recommendation from Spain's Ministry of Transport and Sustainable Mobility, approved the tender for the construction of a new electrical...

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Latvia and Germany strengthen maritime innovation ties

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