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February 1, 2025

Gemini Cooperation launches operations

Export - Import, Global Trade, International Shipping, NVOCC, Shipping, Shipping Line, Trending News
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
February 1, 2025

Maersk to launch its new ocean network

International Shipping, Export - Import, Shipping Line, Trade, Trending News
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
February 1, 2025

ONE released financial result for FY2024 3rd Quarter

International Shipping, Shipping Line, Trending News
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
February 1, 2025

The world’s first methanol-powered tugboat highlights a greener future for shipping

International Shipping, Maritime, Shipping, Trade, Trending News
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
February 1, 2025

BIMCO Dry Bulk Market Report: Return to the Red Sea would weaken market

International Shipping, Shipping Line, Trade, Trending News
LONDON : We expect a weaker supply/demand balance in 2025 and 2026 than in 2024, even if ships do not fully return to the Red Sea. In this report, we are working with two
January 31, 2025

Hapag-Lloyd publishes preliminary business figures for 2024

International Shipping, Company, Shipping Line, Trade, Trending News
HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd achieved a Group EBITDA of USD 5.0 billion (EUR 4.6 billion) in the 2024 financial year. The Group EBIT also slightly improved compared
January 31, 2025

Bernhard Schulte Shipmanagement launches BSM Training Foundation in India

International Shipping, Education, Trade, Trending News
KOCHI : Bernhard Schulte Shipmanagement (BSM), a leading Third-Party ship manager, enters the market with a new offer for seafarer’s qualification in India. The newly launched BSM Training Foundation, located in Kochi, is a
January 31, 2025

Maritime experts forecast normalization of Red Sea Shipping in Q2 2025

International Shipping, Maritime, Trending News
CAIRO : Maritime transport experts project a return to normal shipping traffic levels in the Red Sea by the second quarter of 2025, following recent geopolitical stabilizations, including the Gaza ceasefire. This optimistic forecast
January 31, 2025

IMO Secretary-General, Arsenio Dominguez, named Maritime Personality of the Week by Lloyd’s Maritime Institute

International Shipping, Global Trade, Maritime, Trending News
LONDON : Lloyd’s Maritime Institute honored to feature Mr. Arsenio Antonio Dominguez Velasco, a distinguished figure in the maritime industry and the current Secretary-General of the International Maritime Organization (IMO). His term began on
January 31, 2025

Asyad Shipping foresees $2.7bln in investments

International Shipping, Global Trade, Trending News
MUSCAT : Asyad Shipping, the ocean-going maritime transportation arm of Oman’s integrate logistics business Asyad Group, envisions investments totalling between $2.3 billion and $2.7 billion in the development and expansion of its shipping fleet
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