Vision of new cruise ship terminal at Klaipėda Port becomes reality: construction contract signed
KLAIPEDA : An important step has been taken in the implementation of one of the most significant projects of the Port of Klaipėda – a contract has been
INTERCARGO Quality Panel Expansion enhances Sector Collaboration to drive Maritime Excellence
LONDON : The International Association of Dry Cargo Shipowners (INTERCARGO) announced a strategic development in meeting the needs of its ever-growing global membership. Following a productive INTERCARGO Quality
Marlink drives cost savings and maritime digital transformation with remote installations
OSLO : Marlink, a leader in managed services for business-critical IT solutions, has reported a more than 350% increase in remote service installations in 2024 compared to 2023.
Baltic index snaps three-session winning streak as rates across segments dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined
Ocean Container Shipping rates can reduce following USEC Deal
CALIFORNIA : Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean
OOCL reports 55% Higher Revenues for the Fourth Quarter
SINGAPORE : The Board of Directors of Orient Overseas (International) Limited has announced unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis. This announcement
Maersk announces MECL Service change
COPENHAGEN : In order to improve products from India to North America, the MECL Service will add a call in Mundra, India, and at the same time the
Denmark advances on the List of the World’s Largest Maritime Nations
COPENHAGEN : Denmark maintains its position among the world’s ten largest maritime nations. Denmark has overtaken Germany and is now ranked 9th on the list. Denmark maintains its
Panama Canal CEO says Trump’s plans would “Lead To Chaos”
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running
Castor Marine becomes part of the Navarino Group
DE MEERN ( NETHERLAND) : Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting