Cargo bookings from China to US surges 300% following tariff pause
NEW DELHI : The demand in the US for container shipping from China has surged nearly 300 per cent, after a halt in retaliatory tariffs between the two
A historic course correction: how the world’s shipping sector is setting sail for net zero
LONDON : Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now at the forefront of a unique display of international cooperation.
Creating the World’s first Ammonia-fueled vessel Augmenting Safety Measures with input from Marine
TOKYO : In August 2024, the world’s first ammonia-fueled vessel for commercial-use entered service in Tokyo Bay. This tugboat was developed by NYK and IHI Power Systems Co.,
Baltic Index hits Over One-Week Peak on Higher Capesize Vessel Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a more than one-week peak on
CMA CGM Group launches the first global recruitment website dedicated to Seafarers
MARSEILLE : CMASHIPS.com is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM Group vessels. It brings together all the Group’s
Hapag-Lloyd with good start to the year, market environment remains highly volatile
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2025 with a Group EBITDA of USD 1.1 billion (EUR 1.0 billion). In the same period, the Group EBIT
Kassø e-methanol facility officially inaugurated
KASSO (DENMARK) : The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is now supplying e-methanol to offtakers. Developed by European Energy and operated in
Flying Fish welcomes CPAC Systems as Strategic Investor and Partner
DELFT (THE NETHERLAND) : Flying Fish Maritime Innovations B.V., a Dutch pioneer in cutting-edge maritime technology, announced a minority investment from CPAC Systems AB, a subsidiary of the
ESL and Wan Hai to launch India-Med East 2 Service via Suez and Alexandria
TAIPEI : In a move aimed at bolstering maritime trade between South Asia and the Eastern Mediterranean, Emirates Shipping Line and Wan Hai Lines have announced the launch
Yang Ming Reports Q1 2025 Financial Results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 403rd Board Meeting on May 13 to approve its Q1 financial report of 2025. The consolidated
