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Cargotec Sells MacGregor To Triton For €480M, Paving Way For Hiab’s Growth
Cargotec sells MacGregor business to funds managed by Triton for an enterprise value of EUR 480 million to support Hiab’s future growth, reports Cargotec.
Cargotec...
11 Men Arrested for Illegal Sale of Marine Gas Oil
For the second time within a month, eleven crew members were arrested for their suspected involvement in an illegal transaction of Marine Gas Oil...
Suspicious Drone Briefly Shuts Down Airport
The Norwegian army and state-owned airports operator Avinor were notified after the first drone sighting at Bergen Airport was reported at 4:15 a.m.,...
MSC’s Tips To Save Money While Booking Cruise Ship Holidays!
The number of ocean cruises taken last year reached over two million for the first time, hitting a record 2,009,000 in 2018 -...
Shipping Industry Much Better Positioned
Shipping Industry Much Better Positioned than a Year Ago
Esben Poulsson, President of the Singapore Shipping Association (SSA), speaking at a media briefing for Singapore...
Allision Of OMICRON Bulk Carrier Berths
On June 13, at about noon, a bulk carrier struck a pier in Santos Port, Brazil, while moving berths. The ship was allegedly carrying...
Brand New Cargoship Calls in Wake of Older Cargoship Grounding
One of Arklow Shipping’s newest cargoships, the single-hold Arklow Cape is today docked on the River Suir at Belview the Port of Waterford, writes...
Product Tanker Market to Rebalance in Response to Contracting Oil Demand
The latest International Energy Agency (IEA) report predicts a decline in oil demand by the end of this decade, primarily driven by the adoption...
[Watch] Cocaine Shipment Worth $24m Seized
In a high-speed helicopter chase last week, the Mexican Navy busted a large 1,700-kilo shipment of cocaine aboard a single motorboat far off the...
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EU ETS Surcharges: Navigating Challenges In Accuracy And Transparency
As shipping lines grapple with the European Union Emissions Trading System (EU ETS) surcharges, concerns arise regarding the accuracy and transparency of these...
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An Uncharted Risk: Why Maritime Must Confront Trade-Based Money Laundering
Lloyd's List Intelligence recently highlighted a critical but often overlooked threat to the global shipping industry: its vulnerability to trade-based money laundering. This complex...
Mawani Displays Global Logistics Potential at Seatrade Logistics ME 2023
The Saudi Ports Authority (Mawani) in collaboration with Red Sea Gateway Terminal (RSGT), the operator of Jeddah Islamic Port’s North Container Terminal, concluded their...
[Watch] Crocodile ATTACKS Trainer and Nearly Bites His Arm Off
A HORRIFYING viral video has captured the moment a crocodile crunched down on a trainer’s arm in front of terrified spectators during a show...
