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
Econowind passes 100th VentoFoil unit sold
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
Accolades for Safety Innovation extended
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
Ocean Network Express and LX Pantos announce joint venture to strengthen US Domestic Intermodal Tran
SINGAPORE : Ocean Network Express (“ONE”) and LX Pantos are pleased to announce the successful completion of their joint venture, Boxlinks LLC (“Boxlinks”). This strategic partnership will leverage
Top quality speakers announced for The Maritime Standard Ship Finance and Trade Conference 2025
DUBAI : The TMS Ship Finance and Trade Conference will be held on February 18th at the Taj Exotica Resort on the Palm, Dubai and several top-quality speakers
Decarbonisation: The Shipping Industry’s most pressing challenge in 2025
LONDON : Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of
Baltic Index ticks higher as Panamax Rates climb
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in
Arkas Line extends routes to India
MUMBAI : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding
Suez Canal Authority says stability returning to Red Sea
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company
Gemini Cooperation launches operations
HAMBURG : Gemini Cooperation, which has been jointly planned and implemented by Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S (Maersk), an A.P. Moller-Maersk company, will start operations today, on