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HMM receives first methanol-powered newbuild in eco-friendly vessel series

South Korea's flagship ocean carrier HMM has taken delivery of a 9,000 TEU, methanol-powered container ship. The new vessel is named HMM Green and is...

CMA CGM and ABB partner on new parametric roll solution

CMA CGM has launched a new collaboration with technology solution provider ABB on a new parametric roll algorithm to improve ship safety. The solution integrates...

DP World, Reliance Industries team up on innovative rail solution

DP World and India’s Reliance Industries have partnered to launch an innovative logistics solution for the petrochemicals industry, shifting product transport from road to...

Noatum Maritime receives first LNG-powered vessel for United Global Ro-Ro JV

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has received its first LNG-powered Pure Car and Truck Carrier (PCTC) Ro-Ro vessel,...

The Green Gamble: Navigating Risks and Opportunities in Sustainable Ship Financing

Reed Smith, in partnership with DNV Maritime Advisory, organized "The Green Gamble: Balancing Risks and Opportunities in Shipping Investments" seminar at their London office. This...

Wallenius Wilhelmsen secures US$2 billion transport deal extension

Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen strengthens its partnership with an established auto original equipment manufacturer (OEM) and enters a 10-year...

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

Somaliland’s Growing Influence in Global Shipping

As the Red Sea crisis continues, Somaliland is about to emerge as a pivotal spot for Western interests, especially for maritime shipping, as long...

Seaspan to equip its entire fleet with Orca AI’s SeaPod digital watchkeeper

Israeli maritime technology provider Orca AI announced that Hong Kong-based container vessel owner Seaspan Corporation will integrate its cutting-edge SeaPod digital watchkeeper across its...

COSCO doubles profits in 2024

COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33.3%...

ClassNK announces leadership restructuring

ClassNK's current Senior Vice President, Hayato Suga, has been appointed as President and CEO as well as Representative Director of the ship classification society....

MSC vessel loses containers in rough seas off Portugal

The MSC-operated container ship MSC Houston V lost 15 boxes in the Atlantic Ocean off the coast of Portugal on 20 March after encountering...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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