RIO DE JANEIRO : Wilson Sons, a leader in port and maritime logistics in Brazil, reported that, in the first seven months of the year, its Shipping Agency posted a 60% increase in services
HONO (SWEDEN) : UAE-based shipyard Mark Marine has saved both time and costs by initiating a collaboration with BERG Propulsion to use BERG Rotordynamics Services. Mark Marine is delivering eight vessels to Rawabi Vallianz
ZURICH : ABB has won an order from Samsung Heavy Industries Co., Ltd. (SHI) to equip 15 liquified natural gas (LNG) carriers with the permanent magnet shaft generator technology. The 174,000-cbm capacity ships are
COPENHAGEN/HAMBURG : In February 2025, 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 interconnected
SEOUL : HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and proceed with global green initiatives. Under the sustainable growth plan, the South Korean ocean carrier will invest
THIRUVANANTHAPURAM : India’s new container transhipment hub at Vizhinjam is making rapid strides, with Mediterranean Shipping Co. (MSC) seen to be its most potential long-term liner customer. The Geneva-based carrier has already hosted a
OSLO : Shipowners and operators face sharply increased costs as they gear up to comply with a slew of new decarbonisation regulations coming on stream over the next few years. The need to develop,
PortEconomics member Theo Notteboom compiled a table showing the year-on-year TEU growth in the top 15 container ports in the European Union during the first six months of the year. “While 2023 was characterized
SHANGHAI : The latest agreement brings the total number of LNG vessels on order under QatarEnergy’s fleet expansion program to 128, including 24 QC-Max mega vessels. The new vessels, which will be built at
LONDON : In the past 12 months, the maritime AI market has seen an explosive expansion, nearly tripling in size, finds the new Thetius report, commissioned by Lloyd’s Register. New research estimates that the