Attacks on ships in Ukraine threaten 1% of dry bulk market : BIMCO
LONDON : “Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships
CMA CGM Group and SUEZ sign MoU to develop the production of biomethane in Europe and the low-carbon
MARSEILLE : CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular waste management solutions, signed a memorandum
MSC to acquire majority stake in Brazilian Port operator for $768m
GENEVA : Mediterranean Shipping Co, through its subsidiary Shipping Agencies Services, has agreed to purchase a 56.47% stake in Brazilian port and maritime logistics operator Wilson Sons from
A.P. Møller – Mærsk A/S – Trading update Q3 2024 and upgrade of full-year guidance 2024
COPENHAGEN : Based on preliminary unaudited figures, A.P. Møller – Mærsk A/S (APMM) reports a revenue of USD 15.8bn, underlying EBITDA of USD 4.8bn and underlying EBIT of
Maersk denies Houthi claim container ship hit by Yemeni militia
COPENHAGEN : Maersk Line has denied a claim by Yemen’s Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel.
How wind power could be future of cargo shipping
SOUTHAMPTON : An experimental wind-powered cargo ship has arrived in Southampton to undergo sea trials. The 5,000-tonne cargo carrier, Pacific Grebe, has been retrofitted with a new 20-metre
Gemini vs MSC – titans look to reshape container market
HAMBURG : The launch of Maersk and Hapag-Lloyd’s Gemini Cooperation will bring a new dimension to the container sector, a hub and spoke feeder service that is guaranteed to arrive within
GEODIS secures Supply Chain Innovator and Seafreight Partner of the Year at the Supply Chain Asia Aw
SINGAPORE : Strengthening its position as a leader in providing multimodal freight solutions and helping customers optimize delivery efficiency and sustainability. GEODIS has been recognised at the 2024
Marine contracting industry set for first global gathering since 2018 at IMCA Global Summit 2024
UTRECHT (NETHERLAND) : Hundreds of business leaders and technical experts will gather in Utrecht in the Netherlands on 3 and 4 December for the IMCA Global Summit 2024
Baltic index slips on weaker rates across bigger vessels
LONDON : The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight months, dragged down by less demand across the capesize