Maersk reports third-best financial year
COPENHAGEN : A.P. Moller – Maersk reports strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65% to USD 6.5
Transits through the Panama Canal down 10% : BIMCO
LONDON : “Between September 2024 and January 2025, ship capacity in deadweight tonnes transiting through the Panama Canal was 10% lower than the 2019-22 average. Although there were
Inmarsat Maritime signs expanded agreement with Maersk to enhance Global fleet Connectivity
LONDON : A.P. Moller – Maersk (Maersk), one of the world’s largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite
Baltic index rises for fifth straight session on stronger panamax, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth straight session on Thursday,
Gemini’s First Trans-Atlantic Service arrives at DP World Southampton
LONDON : DP World Southampton has welcomed its first ship arrival under the Gemini Cooperation agreement announced in November last year. The MV Leonidio docked at the Southampton
ClassNK issues Approval in Principle (AiP) for Coastal Liquefied CO2 Carrier developed by Mitsubishi
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of a coastal liquefied CO2 carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and
MSC launches iReefer, the most advanced container monitoring system for reefer cargo
GENEVA : MSC Mediterranean Shipping Company has just launched iReefer, the most advanced container monitoring system for reefer cargo. This solution allows customers to track and monitor their
Hapag-Lloyd concludes green financing of its 24 new container ships
HAMBURG : Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU
BIFA introduces inclusive eLearning as part of its members subscription benefits
LONDON : The British International Freight Association (BIFA) has an exciting new development in its programme of training: all-inclusive access to a range of bitesize eLearning courses. This
3 Saudi Ports add 5 new shipping services from Hapag-Lloyd, Maersk
RIYADH : Saudi Arabia’s General Authority of Ports — also known as Mawani — on Sunday announced the addition of five new shipping services from Hapag-Lloyd and Maersk