In its Q1 2025 earnings release, Maersk posted strong year-on-year results revenue rose to $13.3 billion (+7.8%), and EBIT surged to $1.25 billion. Yet behind the robust numbers lies a note of caution: the company has lowered its global con

The Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic, the International Chamber of Shipping (ICS) and the Union of Greek Shipowners (UGS) are pleased to announce their commitment to co-host a high-level summit in Ath

01 BIDDING OBJECT 02 HIGHLIGHTS 1. 2019 built by Jiangsu Jinling Shipyard Co., Ltd, CCS class, ship type is mature and reliable, excellent hull condition, short service year and stable performance； 2. MAN-BW 6S60ME-C8.2 main engine, satis

GCMD is proud to announce a knowledge partnership with ADB, signed during the launch of its Sustainable and Resilient Maritime Fund (SRMF) at its annual meeting in Milan. The partnershipGCMDs first with a multilateral development bank compl

CEVA Logistics broke ground today on a new warehouse in Singapore to further develop its comprehensive logistics hub in the region. Joining nearby CEVA sites, including two fully automated warehouses, the new multi-customer warehouse will a

Athens-based Erasmus Shipinvest Group has officially made its debut in the tanker market, marking a significant milestone in the companys ongoing diversification strategy. The shipping group, led by CEO John Su, has acquired the 8,000-dwt b

On April 9, 2025, as morning fog lingered over Jiangsus Taicang Port, the vessel Dehai departed for the Port of Los Angelescarrying 125 energy storage containers and the weight of a RMB 600 million tariff deadline. Faced with an urgent requ

On May 7, Hengli Heavy Industry marked a major milestone by hosting a naming ceremony for three newly built 82,000 DWT bulk carriers on the same day a first in its history. Commissioned by Greece-based Alimia Groups LM Company, the vessels

Orca AI , a leader in maritime technology, today announced it has closed an investment of $72.5 million in Series B funding. Brighton Park Capital led the round with participation from existing investors Ankona Capital and Hyperlink Venture

Download reports at: NCFI Weekly Index Data 2025 4.26-5.2 Ningbo Containerized Freight Index Weekly Commentary 2025 4.26-5.2 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact Us

In a time of unprecedented volatility for global shipping, classification societies are navigating a sea of complexity. From geopolitical tensionsto shifting ChinaUS trade dynamics,the maritime sector is under growing pressure to adapt. At t

XMAR, the pioneering digital bunker platform, has officially entered a strategic partnership with BluePass, the UAEs leading maritime digital initiative supported by the Ministry of Energy and Infrastructure (MOEI). This collaboration repre

Inmarsats recent Thriving in the Digital Age seminar in Singapore saw leading shipowners and managers highlight who shared how advance connectivity is bringing tangible safety and operational efficiency gains, as the floating office revolut

Milestone Achieved: Jiangxi Xinjiangzhou Shipyard Delivers Its First High-End Stainless Steel Chemical Tanker On April 30, Jiangxi Xinjiangzhou Shipbuilding Heavy Industry Co., Ltd. successfully delivered the Henghui 102 a 3,490 DWT stainle

On 29 April, CPI signed a cooperation framework agreement with COSCO SHIPPING Lines and Seaspan in Shanghai. The three entities are determined to take collective action to seize new opportunities by consistently focusing on emerging trends a