TUZLA : The world’s longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade. The 136-meter (450-foot) Neoliner Origin was floated at the Turkish
DUBAI : The TMS Ship Finance and Trade Conference will be held on February 18th at the Taj Exotica Resort on the Palm, Dubai and several top-quality speakers have now been confirmed as the
LONDON : Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of decarbonisation solutions, with financial markets facilitating
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in the panamax vessel segment. The index,
MUMBAI : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when
HAMBURG : Gemini Cooperation, which has been jointly planned and implemented by Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S (Maersk), an A.P. Moller-Maersk company, will start operations today, on February 1, 2025. The ambition is
COPENHAGEN : Today, On February 1, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and
SINGAPORE :Ocean Network Express (ONE) released the financial result for FY2024 3rd Quarter (from October 2024 to December 2024). The revenue for FY2024 3rd quarter was US$4,846million, up 44% from the same quarter of
ANTWERP : At first glance, there’s nothing to distinguish Tug 21 from any other working tugboat at the Port of Antwerp-Bruges in Belgium. With its bright red and white wheelhouse perched above a round