Maersk achieved 53% year-on-year brand growth, reaching a value of $7.4 billion. The company’s logistics business recorded revenues of $14.4 billion in 2022. ...

As autonomous technologies rapidly evolve, institutions like Texas A&M University are pioneering research into how the technologies can be virtually verified and validated before...

Tabit has secured AED 170.3 million (USD 46.3 million) time charter with HMM Co. Ltd for a five-year term. Rigel has been delivered...

Cummins' methanol-ready QSK60 engine gains DNV AIP for IMO II and III compliance. Cummins plans methanol retrofit kits for diesel-electric systems post-2028. Exploring...

Drewry’s World Container Index decreased 3% to $2,541 per 40ft container this week. Detailed assessment for Thursday, 06 March 2025 The Drewry WCI composite index...

In a significant development, Dalian Shipbuilding Industry Corporation (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into a contract with NYK...

MOL has purchased a second luxury cruise ship from Seabourn. Seabourn Sojourn will be operated by MOL Cruises, Ltd. under a new name...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received a KRW 458.8 billion (US$312 million) order from an Asian shipping company for...

China has commenced construction of a deep-sea research facility in Guangzhou to explore extreme marine environments and develop sustainable ocean resources. The facility...

The maritime industry advanced in retrofitting ships for alternative fuels in 2024, but a lack of incentives threatens widespread adoption. Due to limited...