DEN HAAG : Dutch company Econowind, based in Zeewolde, has secured €1 million in development capital from Invest International to advance and test its VentoFoil XL, a 24-30 meter high steel wind sail inspired
MARSEILE : CMA CGM has announced the launch of its new BIGEX 3 and BIGEX 4 services, to provide the most comprehensive and fast offer of direct links between India, the Middle East Gulf
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a one-month high on Tuesday, buoyed by rising rates across all vessel
SINGAPORE : SeaLead, a fast-growing global shipping line, on Monday announced the launch of its new Mediterranean to USA (MEDUS) service, a direct liner shipping service connecting Morocco and Türkiye to the U.S. East
SINGAPORE : Ocean Network Express (“ONE”) is pleased to announce a significant milestone in its corporate history with the naming of ONE Sparkle, the company’s first owned and operated newbuilding container vessel. Says Jeremy
GENEVA : Boluda and MSC strengthen their alliance with a strategic merger in the tugboat business. The merger by absorption is expected to be finalized between April and May. The Boluda Group, led by Valencian
LONDON : Countries are expected to close in on a global shipping levy at next week’s International Maritime Organization meeting in London. Support is growing for a global tax on shipping emissions, which is
SINGAPORE : Ocean Network Express (ONE) has announced the launch of a new service, Vietnam China Express (VCX). With five days of travel from Ho Chi Minh to Nansha, ONE aims to set a
SINGAPORE : A.P. Moller – Maersk (Maersk), an integrated logistics company, and Castlery, the Singapore-founded international furniture brand, have signed a 10-year ocean and integrated logistics service agreement, extending their strategic partnership as Castlery
SINGAPORE : Yang Ming Marine Transport Corporation (“Yang Ming”) will further optimize its intra-Asia service network by enhancing its Japan (Kansai) – Taiwan – South China route (Japan Kansai Express, JKX), starting in early