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MARAN Gas Maritime, the liquefied natural gas shipping arm of the Angelicoussis Group, has inked a contract with Hanwha Ocean to build two LNG carriers for delivery in 2027. Valued …
By Martina Li in Taiwan 11/11/2024 The Red Sea crisis has seen liner operators operating at least 13 ships on each Asia-Europe string, and this is unlikely to change, even …
Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer worth $580 million. The new contract has a duration of three years and three months with com
Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates. This …
[By: INTERCARGO] INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will
In-Depth 11 Nov 2024 by Paul Avery Maersk is the first global carrier to come off the fence and select its preferred ultra-low GWP refrigerant for reefer containers. Maersk will …
In-Depth 11 Nov 2024 by Jasmina Ovcina Mandra The Bureau International des Containers (BIC) was established in 1933 by the International Chamber of Commerce to promote the development of internationa
Wallenius Wilhelmsen has inked a significant multi-year shipping contract with a major automotive manufacturer, reinforcing its position as a key player in the maritime logistics industry. The agreeme
Inauguration Marks Strategic Move to Bolster Marine Business Operations Hanwha Ocean has inaugurated its first European marine business base, the Global Project Center (GPC), in Amsterdam, Netherland
Seatrium has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving heavy lift vessel project for the Japan …
Ocean and Key Ports Update In the wake of the Golden Week national holiday period in China, demand out of Asia traditionally weakens with seasonal stock already approaching European shores. …
Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by volume, and over seventy percent by value, is transported by sea. Maritime supply chain …
[By Felipe Cárcamo Moreno] Those who know how to surf understand that the rhythm of the waves changes. Clinging to the board, watching the ocean, you decide which wave to …
Market Environment The global economy grew at a moderate though robust pace in Q3, keeping full-year growth in line with previous expectations. Growth, however, is once again unbalanced across region
Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it …
Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2024. Key Quarterly Highlights Announced divide
The iconic SS United States, once the pride of America’s maritime fleet, is embarking on its final voyage – not across the Atlantic, but towards a new life as the …
Domestic freight demand is not only strong, it is growing stronger. Yet this statement, supported by data from SONAR, U.S. trade agencies and numerous industry observers, rings false to many …
HOUSTON — More than 800 attendees at the third annual Houston International Maritime Conference (HIMC24) on Thursday drilled down on everything from President-elect Donald Trump’s proposed tariffs to
It has been a tumultuous time in the West with a host of infrastructure projects springing up across the state as it battles to overcome supply chain issues and keep …
