SCHINDELLEGI : In the first nine months of 2025, the Kuehne+Nagel Group increased its net turnover by 3% to CHF 18.5 billion. EBIT reached CHF 1.0 billion and earnings amounted to CHF 761 million.
The global container ship orderbook is the largest on record, with more than a thousand newbuildings and over 10 Mteu on order, equal to 31.1% of the global fleet in teu slot capacity. China,
TOKYO: Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the hydrogen-fueled demonstration large oil tanker “KIKOU MARU” (IMO 1015595) (“the
NEW DELHI: In a landmark initiative, the Ministry of Ports, Shipping and Waterways (MoPSW) will host ‘Sagarmanthan – The Great Oceans Dialogue’ during India Maritime Week (IMW) 2025, setting the stage for transformative global
GENEVA : Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the XVIth Session of the United Nations Conference on Trade and Development (UNCTAD) in Geneva, where he delivered India’s national statement and
SEOUL : South Korean Shipping Line HMM has placed a KRW 4 trillion (US $2.814 billion) newbuilding order for vessels that will significantly expand its fleet portfolio. The order includes a dozen 13,000 TEU
LONDON : European shipping and logistics firms are under pressure heading into third-quarter earnings season, as analysts trim profit forecasts to reflect falling freight rates and weaker demand. Ocean container rates have plunged to
COPENHAGEN: Maritime experts and shipping industry insiders are not expecting a return of ocean carriers to the Red Sea anytime soon, despite the Israel-Hamas ceasefire deal. “This is all still very early days,” said
YOKOSUKA : Indian Naval Ship (INS) Sahyadri, an indigenously built Shivalik-class Guided Missile Stealth Frigate, participated in the Sea phase of JAIMEX-25 (Japan India Maritime Exercise) from 16 to 18 Oct 2025 and made
LONDON: BIMCO has initiated the development of a clause specifically addressing the new fees introduced on 14 October 2025 for US-related ships calling at ports in China. The Chinese Ministry of Transport announced on