October 24, 2024
March 21, 2026
October 24, 2024
UNCTAD report reveals shipping costs burden developing countries disproportionately
WASHINGTON : The United Nations Conference on Trade and Development (UNCTAD) has published its latest annual report, Review of Maritime Transport 2024, which sheds light on the significant challenges poorer nations face in meeting their
October 24, 2024
New Leadership Team elected at INTERCARGO
LONDON : INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025. In recognition of
October 24, 2024
New horizons for sustainable energy: first signatures open the door to innovation in Klaipėda Port
KLAIPEDA: Some of the most important signatures have been put on the first project for green hydrogen production and refueling stations in Klaipėda and the country. Klaipėda Port Authority has signed a contract with
October 24, 2024
Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could
October 23, 2024
CMA CGM Group and SUEZ sign MoU to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
MARSEILLE : CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular waste management solutions, signed a memorandum of understanding (MOU) on 18 October.
October 23, 2024
MSC to acquire majority stake in Brazilian Port operator for $768m
GENEVA : Mediterranean Shipping Co, through its subsidiary Shipping Agencies Services, has agreed to purchase a 56.47% stake in Brazilian port and maritime logistics operator Wilson Sons from London-listed Ocean Wilsons Holdings. Ocean Wilsons
October 23, 2024
A.P. Møller – Mærsk A/S – Trading update Q3 2024 and upgrade of full-year guidance 2024
COPENHAGEN : Based on preliminary unaudited figures, A.P. Møller – Mærsk A/S (APMM) reports a revenue of USD 15.8bn, underlying EBITDA of USD 4.8bn and underlying EBIT of USD 3.3bn (reported: USD 3.3bn) for
October 23, 2024
Maersk denies Houthi claim container ship hit by Yemeni militia
COPENHAGEN : Maersk Line has denied a claim by Yemen’s Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel. The Houthis earlier claimed it carried
October 23, 2024