Smart Shipping: Maersk Upgrades IoT Connectivity Across Its Fleet
A.P. Moller - Maersk (Maersk) is taking a significant step in digital innovation with the deployment of its next-generation IoT connectivity platform, OneWireless,...
Hudson-Athens Lighthouse Suffers Extensive Damage in Hit-and-run
On the night of April 29, 2025, the Hudson-Athens Lighthouse, a 150-year-old beacon on the Hudson River in New York, was struck by a...
S. Korea’s Hanwha Ocean Targets US Navy Orders as Trump Seeks Shipbuilding Ties
Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to...
COSCO SHIPPING Debuts Smart Cargo Hold Cleaner “Hold Cleaning Elf”
COSCO SHIPPING (Qingdao) has launched its independently developed "Hold Cleaning Elf" robot for bulk carriers, a major step in shipping automation.
The robot...
U.S.–Venezuela Oil Flows Hit by Chevron License Loss; Freight Market Mixed
The U.S. Treasury’s revocation of Chevron’s Venezuela license in March 2025 has caused a significant halt in Venezuelan crude exports to the U.S.
...
LNG Freight Gains in Atlantic as LPG Rates Soften on Weak Demand
LNG market firmed this week, led by sharp gains in the Atlantic basin, with 174k cbm rates on the Sabine–Tokyo route jumping $5,200...
IMO Enhances Safety for Ammonium Nitrate Transport with Revised IMDG Code
The International Maritime Organization (IMO) has adopted revisions to its maritime safety regulations, specifically within the International Maritime Dangerous Goods (IMDG) Code. These changes...
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...
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