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News: International Shipping

Hapag-Lloyd reports good growth and solid half-year results in a volatile market

HAMBURG : Hapag-Lloyd concluded the first half of 2025 with a Group EBITDA of USD 1.9 billion (EUR 1.8 billion). The Group EBIT decreased...

HMM Records $910 Million Profit in First Half of 2025

SEOUL : Hyundai Merchant Marine (HMM) has reported robust earnings for the first half of 2025, posting revenue of KRW 5.48 trillion ($4.12 billion)...

US strongly opposes India, China-backed Net-Zero Framework in Shipping sector

WASHINGTON : Amid rising tariff tensions, comes another point of contention between the United States and others. The US on last Tuesday strongly opposed the...

Wilson Sons advances Sustainability Goals with First Scope 3 Emissions Report and Fifth Consecutive Gold Seal in GHG Protocol

RIO DE JANEIRO : With over 187 years of experience, Wilson Sons takes another step forward in its sustainability journey: for the first time,...

Panama Canal celebrates 111 Years

PANAMA CITY : On August 15th, The Panama Canal marks 111 years of operations, renewing its commitment to a sustainable future through a water...

Xeneta Weekly Ocean Container Shipping market Update: Spot Rates Slide Further Amid Stable Tariff Outlook

OSLO : Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest...

Capesize Market holds steady last week

LONDON : Baltic Exchange reports Bulk report – Week 33. Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment...

Singapore’s Deputy PM Gan Kim Yong visits Mumbai ahead of 3rd India-Singapore Ministerial Roundtable in New Delhi

MUMBAI/SINGAPORE: Singapore's Deputy Prime Minister (DPM) and Minister for Trade and Industry Gan Kim Yong made a working visit to Mumbai, Maharashtra on 12...

The Launch of a Pure Battery – powered EV Harbor Tugboat Development Project

TOKYO : Tokyo Kisen Co., Ltd. and Marindows Inc. have officially launched Japan’s first pure battery -powered EV harbor tugboat development project. This EV harbor...

Port State Control – A summary of Q2 detentions : DNV

SINGAPORE : To support our customers in ensuring safe vessel operation and minimizing potential downtime, this news highlights the most frequent detainable and ISM-related...

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