Ocean Network Express (ONE) Achieves Exceptional Financial Growth in FY2024
ONE reported a 336% surge in net profit, reaching over USD 4.2 billion for FY2024.
Revenue rose by 32% to USD 19.2 billion,...
Potential Impact of USTR’s Proposed Fees on Chinese-Linked Vessels
The USTR’s announcement of fees up to $1.5 million on Chinese shipping companies and vessels has caused significant concern within the industry, with...
JAXPORT Welcomes Crowley’s LNG-Powered Containership on First Voyage
Quetzal, Crowley’s newest LNG-powered containership, has made its maiden voyage to JAXPORT, offering increased capacity and reduced emissions.
It is the first of...
LR launches first naval engineering apprenticeship scheme
Lloyd’s Register (LR) will launch its first Engineering Apprenticeship Programme in September 2025 at its Naval Centre of Expertise in Barrow-in-Furness.
The 3.5-year...
Wärtsilä Expands NextDF Technology to 46TS-DF Dual-Fuel Engine
Wärtsilä introduces NextDF technology to its high-efficiency 46TS-DF dual-fuel engine, significantly cutting methane emissions to as low as 1.1%, well below industry standards.
...
Bunkering Goes Digital: TFG Marine Streamlines Operations in Oman with e-BDN
Kenneth Dam's announcement of the successful trial and forthcoming implementation of ZeroNorth's electronic bunker delivery note (e-BDN) solution for their customers at the port...
West Australia Dry Bulk Demand Strong, Panamax Market Softens
The West Australian shipping market continues to show positive signs, with a healthy volume of inquiries for vessel fixtures spanning the mid to late...
VLCC Market in Limbo as Charterers Hold Back, Suezmax Rates Decline...
Following a strong surge in rates last week that peaked in the mid-WS 70s for Middle East Gulf (MEG) to East voyages, the current...
India and Netherlands Partner for Green and Digital Corridor via Rotterdam
India is planning to establish a Green and Digital Corridor with the Port of Rotterdam in the Netherlands. This initiative aims to create a...
Port of Los Angeles Projects 35% Drop in Cargo Volume Due...
The impact of President Trump's tariffs is indeed causing significant disruptions to shipping patterns, particularly concerning shipments from China to the U.S. West Coast,...