Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbed to USD 14.7 billion (EUR 13.8 billi

BIMCO has joined the Blue Visby Consortium to support research into practical solutions that help reduce the industrys greenhouse gas (GHG) emissions. The Blue Visby Consortium works to reduce greenhouse gas emissions from ships by about 15

Barcelona, November 10th, 2022.bound4blue and MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore, have signed an agreement to install in 2023/24 four suction sails on the Crimson Kingdom, being the first wi

As many African countries transition to develop indigenous industrial and agricultural production sectors, demand is growing for a dedicated shipping company to provide a full range of maritime and logistics services for the mining, agricul

Forum Introduction Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, it would thoroughly implement the strategic deployment of CPCCentral Committee and the State Council on building China into a strong ma

SINGAPORE/SAN RAMON November 10, 2022 Chevron Corporation, through its Chevron New Energies International Pte. Ltd. (Chevron) subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a Joint Study Agreement (JSA) on th

In September 2022, head-haul and regional trade volumes were lower than in 2021 into all import regions except the Far East. Remarkably, volumes into North America, which led the surge in volumes during COVID, saw the greatest loss at -20.6

The Marine Department (MD) today (November 8) held the Together We Set Sail Award Presentation Ceremony, in which awards were presented to shipping companies in recognition of their outstanding performance in the pursuit of high quality Hon

The Baltic Exchanges dry bulk sea freight index (.BADI) rose for a fourth straight session on Wednesday to mark its biggest one-day percentage gain in a month, supported by stronger demand for capesize vessels. The overall index, which fact

During the AGM, held on 26 October in Geneva, Switzerland, WISTA International members unanimously voted to approve two new countries as members UAE and Denmark, bringing the total number to 56. Mrs Jocelyn Hansen, the President of WISTA De

9 November 2020- The Danish ship owner and charterer Christiania Shipping signs with StormGeo to improve its environmental performance and decarbonize its operations with CII simulations. The specialized chemical ship owning and chartering

OSLO, Norway November 9, 2022 Xeneta , the leading ocean and air freight rate benchmarking and market analytics platform, and Marine Benchmark , top provider of information analysis services and tools for the marine industry, today launched

The CMA CGM Group, a global player in sea, land, air and logistics, introduces EASY RECYCLING, an innovative recycling solution, to enable its customers with shipments to Jakarta, Indonesia, to dispose of used paper and plastic packaging. E

On November 8, the 82,000 DWT bulk carrier AAI PRELUDE built by China Shipbuilding Trading and CSSC Chengxi Shipyard for Singapore shipowner AAI (SG) PTE was delivered. AAI PRELUDE is the first ship in a series of cooperation between CSTC/C

The testing of hydrogen blended fuel carried out by the technology group Wrtsil in collaboration with WEC Energy Group, EPRI and Burns McDonnell has been concluded. The tests were made at WEC Energy Groups 55 MW A.J. Mihm power plant in Mic