February 7, 2025
May 30, 2026
February 7, 2025
Maersk reports third-best financial year
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
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
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
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
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
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
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
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