March 31, 2026
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February 7, 2025

Maersk reports third-best financial year

International Shipping, Company, Shipping Line, Trade, Trending News
COPENHAGEN : A.P. Moller – Maersk reports strong financial results for 2024 with growth across all segments and significantly improved profitability with EBIT increasing 65% to USD 6.5 billion. Results were driven by higher
February 7, 2025

Transits through the Panama Canal down 10% : BIMCO

International Shipping, Foreign Ports, Shipping Line, Trending News
LONDON : “Between September 2024 and January 2025, ship capacity in deadweight tonnes transiting through the Panama Canal was 10% lower than the 2019-22 average. Although there were no transit restrictions during this period,
February 7, 2025

Inmarsat Maritime signs expanded agreement with Maersk to enhance Global fleet Connectivity

Maritime, International Shipping, Shipping Line, Trade, Trending News
LONDON : A.P. Moller – Maersk (Maersk), one of the world’s largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk’s global fleet
February 7, 2025

Baltic index rises for fifth straight session on stronger panamax, supramax rates

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth straight session on Thursday, boosted by gains in panamax and
February 6, 2025

Gemini’s First Trans-Atlantic Service arrives at DP World Southampton

International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
LONDON : DP World Southampton has welcomed its first ship arrival under the Gemini Cooperation agreement announced in November last year. The MV Leonidio docked at the Southampton logistics hub on 3 February as
February 6, 2025

ClassNK issues Approval in Principle (AiP) for Coastal Liquefied CO2 Carrier developed by Mitsubishi Shipbuilding and Nippon Gas Line

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has issued an Approval in Principle (AiP) for a design concept of a coastal liquefied CO2 carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and Nippon Gas Line Co., Ltd. In
February 5, 2025

WISTA International Board to Convene in India for the First Time with a Focus on Sustainable Shipping

Maritime, Association, Shipping, Shipping Line, Trade, Trending News
MUMBAI : For the first time in history, the Women’s International Shipping and Trading Association (WISTA) International Board will hold its mid-term meeting in India. This landmark event underscores WISTA’s dedication to fostering diversity,
February 5, 2025

Hapag-Lloyd concludes green financing of its 24 new container ships

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume
February 5, 2025

Econowind passes 100th VentoFoil unit sold

International Shipping, Maritime, Shipping, Shipping Line, Trending News
ZEEWOLDE (NETHERLANDS) : Econowind has surpassed 100 VentoFoil units sold, marking a major milestone in the shipping industry’s shift towards Wind-Assisted Ship Propulsion. The increasing adoption of the VentoFoil system reflects shipowners’ drive to
February 5, 2025

Accolades for Safety Innovation extended

International Shipping, Marine Insurance, Maritime, Shipping Line, Trade, Trending News
LONDON : The enthusiasm with which the Award has been received since its inception in 2016 is evidenced by the consistent number of inspiring entries each year.  All deserve praise for the calibre of
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