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August 18, 2025

HMM Records $910 Million Profit in First Half of 2025

International Shipping, Shipping Line, Trade, Trending News
SEOUL : Hyundai Merchant Marine (HMM) has reported robust earnings for the first half of 2025, posting revenue of KRW 5.48 trillion ($4.12 billion) and a net profit of KRW 1.21 trillion ($910 million).
August 18, 2025

US strongly opposes India, China-backed Net-Zero Framework in Shipping sector

International Shipping, Global Trade, Maritime, Trending News
WASHINGTON : Amid rising tariff tensions, comes another point of contention between the United States and others. The US on last Tuesday strongly opposed the Net-Zero Framework (aka Global Carbon Tax) imposed by the
August 18, 2025

Wilson Sons advances Sustainability Goals with First Scope 3 Emissions Report and Fifth Consecutive Gold Seal in GHG Protocol

International Shipping, Logistics, Maritime, Shipping Line, Trending News
RIO DE JANEIRO : With over 187 years of experience, Wilson Sons takes another step forward in its sustainability journey: for the first time, it has released its Scope 3 Greenhouse Gas (GHG) emissions
August 18, 2025

Panama Canal celebrates 111 Years

Maritime, Foreign Ports, International Shipping, Trending News
PANAMA CITY : On August 15th, The Panama Canal marks 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that
August 18, 2025

Xeneta Weekly Ocean Container Shipping market Update: Spot Rates Slide Further Amid Stable Tariff Outlook

International Shipping, Trending News
OSLO : Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the Red-Sea crisis
August 18, 2025

Capesize Market holds steady last week

International Shipping, Shipping Line, Trending News
LONDON : Baltic Exchange reports Bulk report – Week 33. Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer
August 14, 2025

Singapore’s Deputy PM Gan Kim Yong visits Mumbai ahead of 3rd India-Singapore Ministerial Roundtable in New Delhi

Logistics, Finance, Infrastructure, International Shipping, Maritime, Ports, Private Port, Trade, Trending News
MUMBAI/SINGAPORE: Singapore’s Deputy Prime Minister (DPM) and Minister for Trade and Industry Gan Kim Yong made a working visit to Mumbai, Maharashtra on 12 August 2025. He visited two significant investments by Singapore companies
August 14, 2025

The Launch of a Pure Battery – powered EV Harbor Tugboat Development Project

International Shipping, Foreign Ports, Maritime, Trending News
TOKYO : Tokyo Kisen Co., Ltd. and Marindows Inc. have officially launched Japan’s first pure battery -powered EV harbor tugboat development project. This EV harbor tugboat which will be operated in the ports of
August 13, 2025

Port State Control – A summary of Q2 detentions : DNV

International Shipping, Classification Society, Global Trade, Maritime, Ports, Shipping Line, Trending News
SINGAPORE : To support our customers in ensuring safe vessel operation and minimizing potential downtime, this news highlights the most frequent detainable and ISM-related deficiencies identified during PSC inspections of DNV-classed vessels in Q2
August 13, 2025

Final testing underway at Rijeka Gateway ahead of terminal opening

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
RIJEKA (CROATIA) : Rijeka Gateway, the region’s most technologically advanced container terminal, has entered its final testing phase with the arrival of its first container vessel – the M/V Cape Fulmar – and first test train
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