Hapag-Lloyd reports preliminary business figures for 2025
Hapag-Lloyd has published its preliminary financial results for the 2025 financial year, reporting performance at the upper end of its earnings guidance despite...
Shipping News
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Truck orders rebound in January, but recovery remains uneven
North American commercial truck orders showed renewed momentum in January, with data pointing to solid year-over-year gains in Class 8 demand.However, January�...
Augment brings institutional knowledge into the flow of freight
Logistics has long depended on tribal knowledge, the unwritten rules and hard-earned judgment held by a small group of experienced operators. They know which ca...
New Jaxport project to boost Toyota volumes
A new Vehicle Processing Center at The Port of Jacksonville, Fla., is expected to boost Toyota’s volumes at the maritime hub.The $145 million port project inc...
BW LPG fixes two VLGCs on three-year time charters
VLGC owner and operator BW LPG has entered three-year time charter-out contracts for two of its vessels.The deals were struck for the 2016-built, 84.612 cu m BW...
KR, Korean Government and Industry launch global initiative on ammonia effluent standards
The maritime industry is moving toward zero-carbon fuels under the IMO’s 2050 net-zero target. Ammonia-fueled ships are emerging as a key solution. The IMO ha...
French private equity buys Vigor Marine
Antin Infrastructure Partners, a French private equity firm, has bought American shipyard Vigor Marine Group from Dallas-based Lone Star Funds for an undisclos...
Hanwha Ocean wins $526m large WTIV order
South Korean yard Hanwha Ocean has won an order worth 768.7bn ($526m) for one large wind turbine installation vessel (WTIV) from its affiliate Ocean Wind Power ...
Seamec secures ONGC charter extension for diving support vessel
Indian offshore vessel operator Seamec has secured a charter extension from compatriot government-owned oil and gas company ONGC.ONGC gave more time to the 1982...
Minerva books suezmax brace at Hengli
Greek owner Minerva Marine has returned to China’s Hengli Shipbuilding with an order for two suezmax crude tankers, continuing its steady fleet expansion acro...
Venergy steps up LR2 newbuild push
Fast-growing Greek owner Venergy Maritime is pushing further up the product tanker ladder, firming up a new order for LR2 newbuildings in China as it continues ...
GSX Energy firms up LNG bunker pair in China
GSX Energy has firmed up an order for two additional LNG bunkering vessels at China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE), lifting its ...