First look: Union Pacific profit up 7% in fourth quarter
Union Pacific (NYSE: UNP) on Thursday said fourth-quarter profit increased 7% on improved grain and fertilizer shipments, and core pricing...
Grundfos partners with Maersk to drive electric truck deployment
One of Maersk’s pioneering Danish customers, Grundfos, an engineering company, is leveraging Maersk’s electric truck service.
Trump selects new FMC Chairman
President Donald J. Trump has designated Louis E. “Lou” Sola to serve as the Chairman of the Federal Maritime Commission...
CMA CGM orders twelve 15,500 TEU vessels, narrowing gap with Maersk
CMA CGM has sent a new order of 12 LNG dual-fuel container vessels to South Korea's shipyard HD Hyundai Heavy...
Mabanaft Group rebuilds its own tank terminal in Hamburg
Mabanaft Group aims to enable the storage of methanol at Blumensand and facilitate the import of low-carbon methanol to northern...
HMM partners with JNPA to develop new mega container port in India
HMM has signed an MoU with the Jawaharlal Nehru Port Authority (JNPA) to collaborate on the development of Vadhvan Port...
Port Hedland selects Konecranes Gottwald Cranes to enhance lifting capacity
Pilbara Ports in Western Australia has placed an order for two ESP.9 Konecranes Gottwald Mobile Harbor Cranes to enhance operations.
Performance Shipping extends aframax charter at lower rate
Greece’s Performance Shipping has extended the time charter contract for an aframax tanker with Glencore subsidiary ST Shipping & Transport....
Nordic American Tankers sells one vessel and takes another with purchase option
Suezmax specialist Nordic American Tankers (NAT) is adding a leased vessel to its owned fleet and shipping out one of...
New report highlights shipping’s weak position within the global energy transition
A new report from UCL’s Energy Institute Shipping and Oceans Research Group assesses the financial risks to the shipping industry...
