The world’s first methanol-powered tugboat highlights a greener future for shipping
ANTWERP : At first glance, there’s nothing to distinguish Tug 21 from any other working tugboat at the Port of Antwerp-Bruges in Belgium. With its bright red and
BIMCO Dry Bulk Market Report: Return to the Red Sea would weaken market
LONDON : We expect a weaker supply/demand balance in 2025 and 2026 than in 2024, even if ships do not fully return to the Red Sea. In this
Hapag-Lloyd publishes preliminary business figures for 2024
HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd achieved a Group EBITDA of USD 5.0 billion (EUR 4.6 billion) in the 2024 financial year. The
Bernhard Schulte Shipmanagement launches BSM Training Foundation in India
KOCHI : Bernhard Schulte Shipmanagement (BSM), a leading Third-Party ship manager, enters the market with a new offer for seafarer’s qualification in India. The newly launched BSM Training
Maritime experts forecast normalization of Red Sea Shipping in Q2 2025
CAIRO : Maritime transport experts project a return to normal shipping traffic levels in the Red Sea by the second quarter of 2025, following recent geopolitical stabilizations, including
IMO Secretary-General, Arsenio Dominguez, named Maritime Personality of the Week by Lloyd’s Ma
LONDON : Lloyd’s Maritime Institute honored to feature Mr. Arsenio Antonio Dominguez Velasco, a distinguished figure in the maritime industry and the current Secretary-General of the International Maritime
Asyad Shipping foresees $2.7bln in investments
MUSCAT : Asyad Shipping, the ocean-going maritime transportation arm of Oman’s integrate logistics business Asyad Group, envisions investments totalling between $2.3 billion and $2.7 billion in the development
Efen, Wilson Sons, Port of Açu, and Vast to conduct first HVO testing in Brazil’s maritime se
RIO DE JANERIO : This month, Wilson Sons received approval from ANP to conduct the first tests on using HVO (Hydrotreated Vegetable Oil) in the Brazilian maritime sector,
New report reveals HEMEXPO’s €2 billion contribution to Greek economy
GREECE : A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for the international shipping industry, has highlighted the association’s significant contribution to
Hapag-Lloyd announces change route for the South East India-Europe Express service rotation
HAMBURG : Hapag-Lloyd has announced a change in the service rotation for its South East India-Europe Express (IEX) Service, effective mid-March 2025. The IEX service will no longer