Green Pioneer in London to push green fuels
FORTESCUE’S Green Pioneer has arrived in London as part of a push to fast-track international shipping’s transition to green fuels. The arrival of the world’s first dual-fueled...
US attacks heighten Red Sea tensions
TENSIONS in the Red Sea are on the rise again with the US launching airstrikes against Houthi military sites in Yemen as a Houthi spokesperson threatened to escalate attacks on...
Record revenue for DP World
DP WORLD has reported a record $20 billion revenue and record EBITDA of $5.5 billion for 2024. In a release announcing the new records, the UAE-based company said revenue had...
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
US crams imports ahead of tariff confusion
US IMPORTERS have been doing their best to anticipate the possible impact of Donald Trump’s on-again, off-again, on-again tariffs, pulling elevated levels of containers in through...
UK collision: containership aground, master charged
THE UK’s Marine Accident Investigation Branch of the Department of Transport is just one of several bodies now undertaking investigations into the Monday [UK time] collision...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
Svitzer records first year solo profit
THE END of marine services group, Svitzer’s 45-year association with A.P. Møller - Mærsk A/S ownership was marked with its first annual report. The 2024 report recorded a year of...
ICTSI SEES BIG LIFT FROM TERMINAL OPS
MANILA-based International Container Terminal Services, Inc. has posted a 15% increase in revenue from port operations in 2024 to US$2.74 billion, well up from 2023’s US$2.39...
CUTTING EDGE BIO FUEL BACKED BY NT GOVERNMENT
THE NORTHERN Territory government is backing a pyrolysis plant that will provide green fuel for the marine industry and others. A government media release from 7 March said...
DHL, A DISAPPOINTING SHARE PRICE BUT REVENUE GROWTH
GLOBAL logistics group DHL has described 2024 as a “volatile period” in releasing its 2024 financial year report which overall showed increased revenue for the year of 3.0% to...
FORGING A FUTURE FOR FEMALE SEAFARERS
IT’S BEEN a bumpy ride for mother of two, Ruth Philip, on her journey to become PNG Ports first female marine pilot. Given that tomorrow (8 March) is International Women’s Day...
CMA CGM PLEDGES MULTI-BILLION US INVESTMENT
THE CMA CGM Group has announced a four-year program to invest US20 billion to contribute to U.S. maritime economy and support the transformation of America’s domestic supply...
