News
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Greece deploys salvage vessel to Red Sea amid renewed Houthi
In a decisive response to a surge in maritime assaults by Yemen’s Houthi militants, Greece has dispatched a robust salvage…
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Freight as a combination of science and art
Willem Vermaat, the shipping director at Heidelberg Materials Trading, sheds light on the complexities of calculating freight rates in the…
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Korea Leverages Shipbuilding in U.S. Trade Talks
Korea is strategically positioning its shipbuilding industry as a pivotal asset in ongoing tariff negotiations with the United States. Industry…
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CMA CGM Reflags Ship to Become Largest U.S.-Flagged
CMA CGM is taking significant steps to enhance its U.S. shipping capabilities with a $20 billion investment aimed at tripling…
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TotalEnergies and CMA CGM to Launch LNG Bunkering Logistics
TotalEnergies and CMA CGM Group have announced a strategic partnership to establish a 50/50 logistics joint venture aimed at developing…
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Shipbuilding, Aerospace Power GD To Strong Second Quarter
General Dynamics (GD) has announced impressive second-quarter results, continuing its upward trajectory from the first quarter. The company reported a…
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NYK Achieves Prestigious Sapphire Tier in U.S. West Coast
NYK has reached a significant milestone in its commitment to marine environmental protection by achieving the Sapphire tier, the highest…
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Floating AI Data Center Set to Revolutionize Digital Infrastructure
In a groundbreaking initiative, Mitsui O.S.K. Lines (MOL) and Kinetics are collaborating to develop the world’s first integrated floating data…
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Jinhui continues fleet trim with another supramax sale
Jinhui Shipping and Transportation, a prominent player in the Chinese dry bulk sector, has finalized the sale of its fourth…
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Maritime incidents involving India and its seafarers rose
In a concerning trend, incidents involving Indian seafarers and foreign vessels in Indian waters surged by 21.6% in 2024, totaling…
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