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Tuesday, March 19, 2024
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Union Maritime to build world’s greenest and most efficient long-range tankers with WindWings®

Union Maritime Ltd, a leading tanker owner and operator, is making waves in maritime sustainability with its plan to build two new LR2 tankers...

Seanergy partners with SulNOx for green fueltech pilot

Seanergy Maritime Holdings Corporation, the Greek-based dry bulk shipping operator, has agreed to pilot SulNOxEco Fuel Conditioner, developed by the UK’s SulNOx Group. The trial,...

CMA CGM Partners with Nike for Sustainable Shipping

CMA CGM announced a collaboration with Nike to reduce the carbon footprint of their maritime transport. The company said: We are thrilled to announce a...

Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

Shipping company Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first PCTC vessel to run...

Greece discussing green shipping with Brussels

Shipping Minister Christos Stylianides in recent statements to the press revealed that Greece is already in deliberations with the European Commission on the issue...

Euronav to acquire CMB.TECH as part of its new strategy

Euronav has agreed to acquire Compagnie Maritime Belge (CMB).

Proposed COP28 Climate Deal Calls for Transition Away from Fossil Fuels

The COP28 Presidency released a proposed text of a final climate deal on Wednesday that would, for the first time, push nations to transition...

APM Terminals, DP World launch Zero Emission Port Alliance at COP28

APM Terminals and DP World announced the formation of the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition with the goal of accelerating...

Teck, Oldendorff Announce Agreement to Outfit Bulk Carrier with Rotor Sails to Reduce Emissions

Teck and Oldendorff announced an agreement to use wind propulsion to further reduce CO2 emissions in Teck’s supply chain. The joint investment will see the...

Nestlé cuts ocean transport emissions with Maersk’s ECO Delivery solution by over 80%

Nestlé, the world's largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for...

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Pyxis Tankers reports “solid results” in Q4

Pyxis Tankers, an international shipping company, announced unaudited results for the three months and year ended December 31, 2023. For the three months ended December...

Hapag-Lloyd publishes 2023 annual report and announces forecast for the current financial year

Hapag-Lloyd published its annual report for 2023. As expected, a significant decrease in earnings was recorded. According to the report, the Group EBITDA stood...

ZIM posts loss in fourth quarter

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December...

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results

Overseas Shipholding Group, a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S....

Grindrod secures up to $113m in debt refinancing with Nordea

On March 1, 2024, a wholly owned subsidiary of Grindrod Shipping Holdings Ltd., Grindrod Shipping Pte. Ltd., entered into a US$83.0 million reducing revolving...

Container rates drop to unsustainable levels, Maersk CEO says

The global container shipping market faces overcapacity in the coming years and the rates...

Baltic index slips as capesize losses outweigh panamax gains

The Baltic Exchange’s main sea freight index declined on Thursday, as a fall in...

Global cruise leaders meet in Europe as the industry calls for action to increase...

· Cruise Lines International Association (CLIA) issued the call for action at its European...

Celestyal revamps specialty dining

Celestyal has updated the specialty restaurant menus on its two-ship fleet. The news comes...

Zodiac Maritime sells its oldest car carrier

According to reports, Zodiac Maritime has sold its oldest car carrier, the 4,363-ceu Silver...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...

PPA S.A.: Welcoming event for the new cruise ship Sun Princess at the port of Piraeus

PPA S.A. and Princess Cruises, one of the world's largest cruise companies, held a special event at the port of Piraeus to celebrate the...

Port of Savannah posts record numbers February

The Georgia Ports Authority handled 451,670 twenty-foot equivalent container units in February, for an increase of 56,880 TEUs or 14.4 percent compared to the...

Successful sale of Bolloré Logistics to CMA CGM

The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it...

PPA S.A.: Successful completion of the European project CIPORT in Brussels

The concluding event for the European project "CIPORT-Cold Ironing in the Port of Piraeus – Taking the final step" took place at the Berlaymont,...