Hapag-Lloyd’s performance in the first nine months of 2024 has dipped compared to last year, driven by lower freight rates and increased transport costs from rerouting ships around the Cape...

BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound practices in the maritime sector. The initiative comes in...

Damen Shipyards Group and SAFEEN Group, a division of AD Ports Group’s Maritime & Shipping Cluster, have set a new Guinness World Records title for the Most Powerful Electric Tugboat....

By Weilun Soon Nov 13, 2024 (Bloomberg) – After a dark-fleet ship exploded off the coast of Malaysia in May last year, its scorched wreck was sent to an Indonesian scrapyard. Then,...

By Lisa Baertlein Nov 13 (Reuters) – Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in...

Norwegian shipping giant Höegh Autoliners and Australian green technology group Fortescue joined forces at COP29 in Baku, Azerbaijan, to urge global regulators to fast-track green ammonia as the marine fuel of choice to decarbonize the shipping industry.

By Malte Humpert (gCaptain) – China has successfully completed a two-month-long shipping operation to deliver a 650 MW power plant to the Russian Arctic. The final heavy lift vessel, Hunter...

By Marco Aquino and Eduardo Baptista LIMA/BEIJING, Nov 11 (Reuters) – In South American copper giant Peru, the incoming Donald Trump White House will find itself already on the losing side in a trade...

(Bloomberg) — MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as €40 million ($43 million) in Namibia by 2030 to benefit from growing oil, gas and...

Oslo-based roll-on/roll-off (RoRo) shipping company Wallenius Wilhelmsen has exercised options for two additional 11,700 CEU Shaper class pure care and truck carriers (PCTCs) and plans to upsize two more already...

Logistics Will Navigate a Three Front Storm This Lunar New Year  By Lori Ann LaRocco (gCaptain) – U.S. companies importing their Spring season products will have to mitigate their exposures...

By Anna Shiryaevskaya and Katharina Rosskopf Nov 8, 2024 (Bloomberg) —European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import...