August 24, 2024
May 10, 2026
August 24, 2024
AD Ports Group leveraging digitalisation & big data for smart port operations
ABU DHABI : Competition for shipping container traffic is intensifying as new trade agreements and alliances, geopolitical strife, supply chain constraints, and the growing economic power of the Global South alters long-established maritime routes.
August 24, 2024
ClassNK to class ammonia-fueled tugboat ‘Sakigake’- World’s first ammonia-fueled vessel for commercial use –
TOKYO : ClassNK has classed the ammonia-fueled tugboat ‘Sakigake’ completed by Nippon Yusen Kabushiki Kaisha (NYK Line) and IHI Power Systems Co., Ltd. as an ammonia-fueled vessel. This is the world’s first ammonia-fueled vessel
August 23, 2024
Singapore announced top maritime centre for 11th consecutive year
SINGAPORE : The Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2024 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This annual report, now in its 11th year,
August 23, 2024
Maersk says global trade ‘Resilient’ amid economic challenges
COPENHAGEN : Maersk’s latest Asia Pacific Market Update paints a picture of resilient global trade despite economic challenges. The report highlights a robust global economy with 2.6% projected GDP growth for 2024, driven by U.S. expansion
August 23, 2024
MSC’s market share now nearly 20%, Maersk under pressure
GENEVA : MSC now has a market share of nearly 20% in the container the shipping industry, an all-time high for any liner operator. According to Alphaliner, MSC has added at least 400,000 TEUs
August 23, 2024
X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Green Baltic X-PRESS
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part of Europe’s first scheduled feeder network
August 23, 2024
Saudi Red Sea Authority and King Abdullah University of Science and Technology sign an MoU
RIYADH : The Saudi Red Sea Authority (SRSA) has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to explore aspects of cooperation in biodiversity sustainability, support for
August 23, 2024
Wallem Group’s ESG report shows growing commitment to sustainable maritime practices
HONG KONG : Wallem Group, a leading global maritime partner, has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices across its ship management, ship agency
August 22, 2024