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2020 Profits Doubled For A.P. Møller – Mærsk
A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash earned earmarked for acquisitions,...
Gibson Weekly Tanker Market Report – Week 37,2023
Traffic jam
The Panama Canal has received much attention recently as low water levels have led to both an increase in transit waiting days as...
WORD CUP 2016
Seafarer Rescued From a Container Ship, Who Suffered a Stroke
A 58-year-old seafarer who suffered a stroke onboard has been medevaced from a containership.
A Polish...
Suez Canal Sees Increasing Ship Traffic Amid Red Sea Stability
47 ships have returned to the Suez Canal since February.
More vessels are expected...
Dongying Port Approved To Conduct Bonded Bunkering Operations
Dongying Port in China can now officially carry out bonded bunkering operations, according to the...
WRC Rally Cup
Collaboration For Sustainability: NYK And YL Launch GHG Reduction Platform
NYK and YL have launched a digital platform to help their customers reduce their Scope...
ZIM’s Response To Threats In Arabian & Red Seas
ZIM Integrated Shipping Services Ltd, a prominent global container liner shipping company, has announced strategic...
Moment Of Peril! Top Diplomats Talks Fail Again Today
There was no breakthrough after the foreign ministers of Russia and Ukraine met. Three people...
CYCLING TOUR
China Covid Deaths Could Be Above 5,000/Day: UK Firm
More than 5,000 people are probably dying each day from COVID-19 in China, health data firm Airfinity estimated, offering a dramatic contrast to official...
New Tugs Join Fleet To Keep Super Tankers Moving
The Humber Estuary is to get two new tugboats when they are officially named in a ceremony later, reports BBC.
The estuary is one of...
WERA In Vancouver Island
WERA -Tsunami Early Warning System Installed In Vancouver Island
Northern Radar Inc of St. John’s NL, ASL Environmental Sciences Inc. of Victoria BC, and Helzel...
Companies Charged Over Negligent Conduct in Offshore Oil Leak
Three companies have been accused of illegally discharging about 25,000 gallons of crude oil into the Pacific Ocean off the Southern California coast...
Maersk Acquires German Freight Forwarder
Danish shipping and logistics giant A.P. Moller – Maersk closed the third quarter of 2021 with record earnings.
Revenue grew 68 per cent...
TENNIS
T. Parker Host Acquires Transmarine for U.S. Expansion
HOST Expands Nationwide with Transmarine Acquisition.
HOST Enters West Coast and Hawaii, Forms Coast-to-Coast Maritime Network.
T. Parker Host Strengthens U.S. Maritime Leadership...
World’s Largest Automobile Market Under Havoc
The company didn't respond to a request from CNN Business for comment.
The event was originally scheduled to be held from April 21...
LATEST ARTICLES
Record Domestic Shipbuilding Pact Marks New Chapter for China’s Maritime Strategy
A RMB 50 billion cooperation deal covers 87 new ships across multiple fleet segments, marking the largest owner–yard agreement in China.
The order reflects accelerated fleet renewal, emissions readiness, and long-term capacity positioning.
...
Long-haul Vegoil Trade Faces Risk as US–India Talks Enter Crucial Stage
Rising Indonesian biodiesel mandates continue to tighten palm oil exports, boosting long-haul soybean oil flows from the Americas to Asia.
These shifts have supported tonne-mile demand for MR chemical tankers, driven by longer...
Global Schedule Reliability Sees First Slip After Months of Stability
Global on-time arrivals fell slightly in November to 34%, ending a seven-month sideways trend.
Far East–Europe posted a mild rebound, supported by improved Northern European port congestion.
Alliance performance diverged again, with Gemini...
LNG Shipping Market Weekly Outlook: On the Cusp of Change (Week 49–2025)
The UP World LNG Shipping Index declined 1.05% to 160.72 points during Week 49. The index returned to its long-term support level, while the S&P 500 edged up 0.31%. Trading activity reached a record...
Lomarlabs Partners With Advanced Wing Systems to Develop Containerised Automated Wing Sails for Commercial...
Lomarlabs announced on 9 December 2025 that it is working with Advanced Wing Systems to adapt proven wing-sail technology for merchant shipping. The collaboration aims to create a containerised and automated system designed for...
Sanctioned LNG Shipment Reaches China, Highlighting Expanding Energy Links
A sanctioned LNG cargo arrived at a terminal in southern China after departing a Baltic export facility targeted by U.S. restrictions earlier this year. The delivery marks the first publicly confirmed shipment from the...
Diverging Oil Paths Shape Tanker Trade and Freight Sentiment
Global oil demand outlook splits sharply between policy-driven and high-consumption futures.
Middle East supply growth and shifting refining patterns signal more long-haul crude trade.
Freight sentiment is steady but softening in key regions...
Cochin Shipyard and Svitzer Sign Agreement to Build Next-Generation Electric TRAnsverse Tugs
Svitzer and Cochin Shipyard Limited announced a new shipbuilding agreement on 8 December 2025. The contract covers four 26-metre electric TRAnsverse tugs that will be built in India for Svitzer’s global fleet programme. The...
Suez Canal Successfully Guides One Of The Largest Floating Docks Through Its Waters
The Suez Canal Authority (SCA) has announced the successful transit of GREEN DOCK 3, one of the largest non-self-propelled floating docks ever to pass through the canal. Led by SCA’s skilled pilots and tug...
Wallenius Wilhelmsen Secures Two Major Contract Extensions Worth Nearly $500 Million
Wallenius Wilhelmsen has strengthened its long-term commercial position by extending two major shipping contracts with leading European manufacturers. Together, the renewed deals carry an estimated additional value of close to $500 million, reinforcing the...





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