Textainer to Acquire SeaCo in Major Leasing Sector Deal
Textainer has finalized the acquisition of SeaCo, enhancing its fleet diversity and reinforcing its position as the second-largest container lessor globally.
The deal contributes to further consolidation in the container leasing sector, with...
Kohzan Maru VII, the Dual-Fuel Methanol Carrier, Delivered Under Mitsubishi Gas Chemical Charter
The Kohzan Maru VII is the first methanol dual-fuel ocean-going vessel chartered long-term by a Japanese company, officially named during a ceremony on May 23.
Building on decades of experience since 1983, the...
Lessons Learned: Tow Strike on Bridge Caused by Operator Complacency
On April 23, 2023, an incident involving a towing vessel occurred on the Lower Mississippi River. The event was documented through an official investigation that analyzed the circumstances and causes of the contact between...
ABB Launches AMXE Marine Motor, a Next-Generation Electric Propulsion Solution
ABB has announced the launch of the AMXE Marine Motor, a next-generation electric propulsion solution designed specifically to endure the demanding conditions at sea. This innovative motor is engineered to withstand continuous exposure to...
WinGD’s New Global Service to Provide Continuous Lifecycle Support and Original Parts
Swiss marine power company WinGD has officially launched its comprehensive Global Service offering, significantly expanding its aftercare support for marine engines. Previously, WinGD's direct support was primarily focused on the engine warranty period. Now,...
DP World’s Mekong Express: Faster, Greener Cargo Movement in Vietnam
DP World, a leading global port operator, has officially launched the Mekong Express, a new domestic sea-river transport route in Vietnam. This initiative is a partnership with VIMC Container Lines Joint Stock Company (VIMC...
FDA Approves Moderna’s New, Lower-Dose COVID-19 Vaccine, mNEXSPIKE
Moderna announced on Friday, May 31, 2025, that the U.S. Food and Drug Administration (FDA) has approved its new, lower-dose COVID-19 vaccine, mNEXSPIKE (mRNA-1283), reports NBC News.
Approval Granted
The FDA has approved Moderna's new COVID-19...
VLCC Freight Market Sees Negative Close to May Amidst Bearish Sentiment
Despite some mid-May signs of rate stabilization that briefly lifted sentiment, the end of May 2025 paints a decidedly negative picture for the VLCC freight market across both Eastern and Western routes. This reflects...
Nor-Shipping Celebrates Alisha Fredriksson’s Rapid Progress in Climate Tech
Fredriksson has now joined an esteemed group of individuals who have previously held this prestigious title. Notably, all former title holders were under the age of 40 when they received the recognition, reports AJOT.
Significant...
Norway Launches Groundbreaking Green Industry With Höegh Autoliners
In a bold move toward a circular and sustainable maritime economy, Höegh Autoliners and Nordic Circles have signed a visionary agreement to repurpose decommissioned ships into certified building materials within Norway, slashing emissions and...