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August 17, 2024

US targets LPG ships in latest sanctions aimed at Houthis, Hezbollah

International Shipping, Defence, Maritime, Trending News
WASHINGTON D.C. : The US Department of the Treasury announced a fresh round of sanctions on companies, ships and one individual involved in trading Iranian oil and LPG used to finance the Houthi rebels’
August 17, 2024

Final Line-Up announced for the Nautical Institute’s 2024 Annual Conference

International Shipping, Foreign Ports, Maritime, Trending News
SINGAPORE : The Nautical Institute (Singapore Branch) is pleased to announce the final speaker line-up and agenda for its 2024 Annual Conference, a cornerstone event at the Singapore Safety at Sea Week. This year’s conference, themed
August 16, 2024

Asyad Line expands Far East Express service catering for trade growth and sustainability in Asia-GCC corridor

International Shipping, Shipping Line, Trade, Trending News
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer
August 16, 2024

Hapag-Lloyd falls short of US$800 million profit in first half

International Shipping, Export - Import, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9 billion (EUR 0.8 billion) and the
August 16, 2024

Maersk launches third methanol-fueled vessel

International Shipping, Maritime, Trending News
COPENHAGEN : Antonia Mærsk, the third large dual-fuel vessel in the fleet capable of operating on green methanol, was officially unveiled on 9 August in Aarhus, Denmark. As recently announced, Maersk is advancing its fleet
August 16, 2024

Marlink unveils flexible Starlink LEO data plans to simplify hybrid network integration

International Shipping, Maritime, Technology, Trending News
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has introduced flexible and bespoke Starlink LEO internet plans within its hybrid network solutions. The new plans allow customers across maritime, onshore
August 16, 2024

GAC Spain expands to Port of Huelva, paving the way for Spain’s energy future

International Shipping, Company, Logistics, Trade, Trending News
ALGECIRAS : GAC Spain, a leading provider of shipping and logistics services in the Iberian Peninsula, has opened a new office at the Port of Huelva, enhancing its support for customers within the country’s
August 14, 2024

New report by Maritime SheEO highlights Progress and Challenges in Gender Equality within India’s Maritime Industry

Maritime, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : A new report, titled the “Survey on Gender Equality in Indian Maritime Industry (2024),” has been released on August 12th, shedding light on the significant strides and ongoing challenges for women in the Indian
August 14, 2024

Maersk announces changes in Far East Asia – Middle East services

International Shipping, Shipping Line, Trending News
COPENHAGEN : Due to increased waiting times and congestion at terminals in South East Asia, Maersk has decided to implement seasonal schedules to mitigate delays and improve schedule integrity. Maersk’s SAFINA service will move
August 14, 2024

HMM achieves growth in first-half revenue and profits

International Shipping, Shipping Line, Trending News
SEOUL : HMM, South Korea’s major container line has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its H1 revenue, reaching US$3.64 billion, an 88%
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