Maersk Subsidiary Becomes Member of Maritime Battery Forum
Stillstrom, part of the A.P. Moller-Maersk Group, joins the Maritime Battery Forum (MBF) to further its mission of zero-emission offshore power.
The company...
Scorpio Tankers Reports Lower Q1 2025 Income but Approves $0.40 Dividend
Scorpio Tankers Inc.has released its financial results for the first quarter of 2025, ending March 31st. In addition to reporting its financial performance, the...
Spanish Ports See Steady Overall Container Traffic but Mixed Performance Among Key Hubs
Spanish ports experienced steady container traffic in the first three months of 2025, handling a total of 4.32 million TEUs. This figure represents a...
U.S. Coast Guard Rescues 32 from Sinking Boat Near Miami’s Monument Island
On Saturday, May 3rd, 2025, authorities reported the successful rescue of 32 individuals from a boat that was taking on water and sinking off...
Milestone for Green Shipping: Seaside LNG Celebrates 100th LNG Bunkering Operation
Seaside LNG, a prominent company in LNG production, bunkering, and maritime logistics, has reached a significant landmark in its LNG bunkering services. Their advanced...
India Launches its First Deepwater Transshipment Port
India launches its first deepwater transshipment Port with a 20+ meter natural draft.
Developed through a public-private partnership and commissioned by India’s Prime...
Ripley Group Wins 15-Year Green Tug Charter
Kolkata-based Ripley Group succeeds the tender for an electric green tug held by Gujarat-based Port Authority with the lowest bid price
Netincon Marketing...
Dry Bulk Market Weekly Summary Capesize Holds Firm as Smaller Segments Soften
This week’s dry bulk market reflected a mixed performance across vessel sizes. Capesize vessels continued to benefit from tighter tonnage and active cargo flows,...
Tanker Market Weekly Update LR1s and MRs Diverge While Crude Rates Slip Globally
This week’s global tanker market witnessed a mixed performance across vessel classes. Clean tankers showed varied trends, with LR1s experiencing significant rate drops while...
Syria Signs 30-Year Port Deal With CMA CGM For Latakia Terminal Expansion
Syria has signed a significant 30-year concession agreement with French shipping giant CMA CGM to upgrade and expand operations at Latakia Port, the country’s...
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