Rhenus and Contargo Christen Mannheim I+II Hybrid barge
Rhenus Group and Contargo have officially christened the Mannheim I+II, a 193-metre hybrid push barge combination, in Duisburg. The vessel...
HMM cuts state’s shareholdings after buyback
South Korean flagship shipping line HMM has repurchased 81.8 million shares, reducing the ownership stakes of its two largest shareholders...
TechnipFMC bags work on Exxon’s seventh Guyana project
Offshore contracting giant TechnipFMC has been awarded a contract to supply subsea production systems for ExxonMobil’s Hammerhead development in Guyana’s...
Greek shipowners embrace nuclear for maritime future
Greek shipowners are set to play a key role in advancing nuclear energy for the maritime sector. The commitment was...
Box rates rates sink to lowest levels since Red Sea crisis
Container freight rates are sliding further, with Drewry’s World Container Index (WCI) dropping 8% this week to $1,761 per feu...
HMM will not apply surcharge for USTR fees
Hyundai Merchant Marine (HMM) has confirmed it will not impose a surcharge in connection with new service fees announced by...
Matched ownership as new trend for port operators
The global container terminal sector demonstrated remarkable resilience in 2024, with Global Terminal Operators (GTOs) achieving a modest but significant...
Splash Wrap: UNCTAD flags fragile growth as container trade rearranges and capacity soars
Several significant trends and forecasts led Splash coverage this week, from substantial expansion of container handling capacity to warnings that...
DOF lands $390m in Petrobras contracts, adds short-term vessel deals
Norwegian offshore vessel owner DOF has won three service contracts with Petrobras and several short-term vessel deals in Brazil. The...
SLB to deliver services on up to 35 ultra-deepwater wells off Brazil
Houston-based oilfield service giant SLB has been awarded a major contract from Petrobras to provide services and technology for up...
