IPO Expected from SM Line in 2021
SM Line announces that it is preparing for an initial public offering (IPO) in the second half of the year.
The shipping company...
Oldendorff Carriers Signs A Major Fuel Saving Technology Project
Oldendorff Carriers (OC) sign a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), LR and SDARI.
The JDP is to develop a...
Debunking Pirate Attack, Plight of Seafarers
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies.
On Saturday, pirates off Nigeria kidnapped 15...
Rising Shipping Costs Spurs Stress on China-Europe Trade
The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks.
The rise in cost of...
[Watch] Seafarers Should Receive Vaccine Priority, Says Stakeholder
A maritime industry stakeholder is calling on the Philippine government to also prioritize seafarers as in the country's COVID-19 vaccine rollout, reports ABS CBN...
Inmarsat Secures Fleet Agreement To Accelerate Maritime Digitalisation
Inmarsat, the world leader in global, mobile satellite communications, has secured a fleet-wide agreement with offshore support vessel major Tidewater to advance its digitalization...
This Amazon-backed Startup To Make Net-zero Transportation Fuels
Infinium, an electrofuels solution provider, closed the funding bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP...
Oil Majors To Tackle Rising Crude Prices Amid Muted Demand
Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices, reports the Business Standard.
Crude...
CMA CGM Set To Close Its Transpacific SEA-X Service
CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees,...
HMM’s First Extra Loader in Korea-Europe Route
On Jan 27, HMM announced that it will deploy its first extra loader on the Korea-Europe route on Jan 31 to help Korean companies...
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