Baltic Index hits Over One-Week Peak on Higher Capesize Vessel Rates
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a more than one-week peak on
CMA CGM Group launches the first global recruitment website dedicated to Seafarers
MARSEILLE : CMASHIPS.com is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM Group vessels. It brings together all the Group’s
Hapag-Lloyd with good start to the year, market environment remains highly volatile
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2025 with a Group EBITDA of USD 1.1 billion (EUR 1.0 billion). In the same period, the Group EBIT
Kassø e-methanol facility officially inaugurated
KASSO (DENMARK) : The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is now supplying e-methanol to offtakers. Developed by European Energy and operated in
Flying Fish welcomes CPAC Systems as Strategic Investor and Partner
DELFT (THE NETHERLAND) : Flying Fish Maritime Innovations B.V., a Dutch pioneer in cutting-edge maritime technology, announced a minority investment from CPAC Systems AB, a subsidiary of the
ESL and Wan Hai to launch India-Med East 2 Service via Suez and Alexandria
TAIPEI : In a move aimed at bolstering maritime trade between South Asia and the Eastern Mediterranean, Emirates Shipping Line and Wan Hai Lines have announced the launch
Yang Ming Reports Q1 2025 Financial Results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 403rd Board Meeting on May 13 to approve its Q1 financial report of 2025. The consolidated
Suez Canal offers 15% discount for big container ships to win back trade
CAIRO : Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade
U-Freight achieves HKAEO accreditation for high security standard
HONG KONG : U-Freight Ltd has been officially accredited as a Hong Kong Authorized Economic Operator (HKAEO) by the Hong Kong Customs and Excise Department. This accreditation acknowledges
MacGregor to deliver electric cargo cranes for Vertom’s multipurpose vessels built in India
HELSINKI : MacGregor has secured an order from the Vertom group, a Netherlands-based shipowner and maritime service provider, to deliver fully electric cargo cranes for four multipurpose vessels.