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 increased to USD 487 million (EUR
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 collaboration with Mitsui & Co., the
Maritime Technologies Forum highlights key activities in its 2024 Annual Report
TOKYO : The Maritime Technologies Forum (MTF) released its first annual report providing an easy-to-re-use overview of recent publications and events aimed at promoting the safe decarbonisation of the maritime industry. Since its establishment
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 Volvo Group, specialized in developing advanced
India’s Major Ports achieve historic milestones by cargo handling of 855 million tonnes in FY 2024-25 with an annual growth of 4.3%
NEW DELHI : India’s Major Ports have consistently demonstrated remarkable progress over the past decade, with FY 2024-25 emerging as a milestone year in terms of cargo handling, operational efficiency, and infrastructure modernisation. In
IWAI sets up its new office in Srinagar; launches initiatives to develop river navigation infrastructure in J&K
SRINAGAR : In a move that is set to strengthen the Inland Water Transport (IWT) sector in the Union Territory of Jammu and Kashmir, Inland Waterways Authority of India (IWAI) under the Ministry of
Strong industry turnout for Indian Register of Shipping Stakeholder Event in Dubai
DUBAI : Indian Register of Shipping (IRS), a leading international classification society, marked a significant presence at the Seatrade Maritime Middle East 2025, showcasing its expanding portfolio of services, including advancements in digitalisation, decarbonisation, and
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 of a new joint shipping service