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Maersk announces strong performance for Q3 2025 with EBITDA at USD 2.7bn and EBIT at USD 1.3bn amid operational gains

COPENHAGEN : Maersk reported strong financial results in the third quarter of 2025, driven by operational improvements and proactive cost measures. The company achieved sequential...

A Decade on the Stock Exchange: Hapag-Lloyd Marks 10 Years of Sustainable Growth and Value Creation

HAMBURG: Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved into...

Maersk orders eight new LNG containerships

COPENHAGEN : In a significant move to modernize its fleet, Maersk has placed an order for eight LNG dual-fuel containerships at New Times Shipbuilding...

Trump administration seeks to negotiate with China on shipping as it pauses port fees

WASHINGTON : The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it...

Lloyd’s Register to provide new construction services to BAE Systems Australia’s frigates for Royal Australian Navy

LONDON: Lloyd’s Register (LR) has been awarded a contract from BAE Systems Maritime Australia (BAESMA) for Naval Classification New Construction Services for the first...

GEODIS joins the European I3FLOAT consortium to foster innovation in floating offshore wind

LEVALLOIS-PERRET: GEODIS is among the 24 partners from eight European regions participating in I3FLOAT, launched in Brussels in October to strengthen and scale up...

HPC to develop final business case for Port of Newcastle’s Clean Energy Precinct

HAMBURG: HPC Hamburg Port Consulting (HPC) has been appointed by Port of Newcastle to develop a final business case for its Clean Energy Precinct...

RINA expands in Southeast Asia with New Open Innovation Hub in Singapore

SINGAPORE: RINA, the multinational consulting engineering, inspection and certification group, has this week marked crucial milestones in its open innovation strategy with the activation...

Ned Marine Services signs exclusive European distribution agreement with Innovative Manufacturing Inc.

RIDDERKIRK: During Europort 2025, one of the largest maritime events in Europe, Ned Marine Services (NMS) signed an exclusive distribution agreement with Innovative Manufacturing,...

INTERCARGO reaffirms unity and momentum at 45th Anniversary AGM in Athens

ATHENS: The International Association of Dry Cargo Shipowners (INTERCARGO) held its Annual General Meeting and Semi-annual meetings at the Four Seasons Astir Palace in...
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