NYK boosts fleet with new LNG-powered PCTC
TOKYO : Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari
Analyst says Maersk rate cutting behind Q3 losses
HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’
A plan to join the Red Sea with Mediterranean — an alternative to the Suez Canal : Report
It has been speculated that one of the reasons behind Israel’s desire to eliminate Hamas from the Gaza Strip and completely control the Palestinian enclave is to give itself the
Ruth Wood appointed as permanent CEO at Mersey Maritime
BIRKENHEAD : Just five months after becoming Interim Chief Executive of Mersey Maritime, Ms. Ruth Wood has now been appointed to the role on a permanent basis. Ruth
NAVTOR and Voyager Worldwide to Merge in Landmark Industry Combination
EGERSUND : NAVTOR, a leading e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a leading provider of maritime technology solutions, announced that both companies have
Container Shipping bracing for downturn : Hapag-Lloyd Chief
HAMBURG : The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, the head
Hapag-Lloyd posts 77% drop in 9-month net profit, cuts outlook
HAMBURG : German container shipper Hapag-Lloyd on Thursday posted a net profit of 3.2 billion euros ($3.43 billion) for the first nine months of 2023, down by 77% from
Wärtsilä and Seaspan transform maritime operations with SmartDock autodocking system
HELSINKI : Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to Seaspan, a marine transportation and shipbuilding company, the cutting-edge autonomous SmartDock capabilities to the seas. This
New One Sea member MAHI adds expertise in Maritime Autonomy
LONDON : MAHI has become the latest company to join One Sea, bringing further expertise to the growing association whose mission is to advance understanding of maritime autonomous
Maersk announces PANZ Service : Change of rotation due to industrial actions at DP World Terminals i
MELBOURNE : Maersk has announced that due to DP World’s industrial action and berth availability delays in Melbourne, it will proceed with PANZ Service port rotation change. The