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May 16, 2025

A historic course correction: how the world’s shipping sector is setting sail for net zero

International Shipping, Maritime, Shipping, Shipping Line, Trending News
LONDON : Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now at the forefront of a unique display of international cooperation. The shift signals that even the
May 16, 2025

Creating the World’s first Ammonia-fueled vessel Augmenting Safety Measures with input from Marine Engineers

International Shipping, Maritime, Shipping Line, Technology, Trending News
TOKYO : In August 2024, the world’s first ammonia-fueled vessel for commercial-use entered service in Tokyo Bay. This tugboat was developed by NYK and IHI Power Systems Co., Ltd. in collaboration with Nippon Kaiji
May 16, 2025

Baltic Index hits Over One-Week Peak on Higher Capesize Vessel 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 to a more than one-week peak on Thursday on higher rates for capesize
May 15, 2025

PSA Chennai welcomes the TTX Service

Private Port, Logistics, Shipping Line, Terminal, Trade, Trending News
CHENNAI : PSA Chennai proudly marked the maiden call of the Tamil Nadu – Thailand Express (TTX) Service on 4th May 2025 — a significant step forward in enhancing regional and international trade connectivity.
May 15, 2025

CMA CGM Group launches the first global recruitment website dedicated to Seafarers

International Shipping, Global Trade, Maritime, Seafarers, Shipping Line, Trade, Trending News
MARSEILLE : CMASHIPS.com is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM Group vessels. It brings together all the Group’s agencies, subsidiaries, and partners involved in
May 15, 2025

Hapag-Lloyd with good start to the year, market environment remains highly volatile

International Shipping, Shipping Line, Terminals, Trade, Trending News
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2025 with a Group EBITDA of USD 1.1 billion (EUR 1.0 billion). In the same period, the Group EBIT increased to USD 487 million (EUR
May 15, 2025

Kassø e-methanol facility officially inaugurated

Fuel, International Shipping, Maritime, Shipping, Shipping Line, Trade, Trending News
KASSO (DENMARK) : The Kassø e-methanol facility in Aabenraa, Denmark, has been officially inaugurated and is now supplying e-methanol to offtakers. Developed by European Energy and operated in collaboration with Mitsui & Co., the
May 14, 2025

India’s Major Ports achieve historic milestones by cargo handling of 855 million tonnes in FY 2024-25 with an annual growth of 4.3%

Cargo, Export - Import, Logistics, Maritime, Ports, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : India’s Major Ports have consistently demonstrated remarkable progress over the past decade, with FY 2024-25 emerging as a milestone year in terms of cargo handling, operational efficiency, and infrastructure modernisation. In
May 14, 2025

Strong industry turnout for Indian Register of Shipping Stakeholder Event in Dubai

Maritime, Classification Society, Shipping, Shipping Line, Trade, Trending News
DUBAI : Indian Register of Shipping (IRS), a leading international classification society, marked a significant presence at the Seatrade Maritime Middle East 2025, showcasing its expanding portfolio of services, including advancements in digitalisation, decarbonisation, and
May 14, 2025

Yang Ming Reports Q1 2025 Financial Results

International Shipping, Shipping Line, Trade, Trending News
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 403rd Board Meeting on May 13 to approve its Q1 financial report of 2025. The consolidated revenues in Q1 totaled NT$ 45.51
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