The port handled 774,698 TEUs (twenty-foot equivalent units) through the month, showing strong resilience through its diversified supply lines despite tariff-related uncertainties across the supply ...

(DBJ) and ClassNK, ClassNK evaluated the LPG dual-fuel LPG/ammonia carrier “CRYSTAL ODYSSEY” (IMO 9997177), which is owned by Kumiai Navigation (Pte) Ltd (Kumiai Navigation). DBJ provided financing to ...

According to the restructuring plan, CSSC intends to issue A shares to all CSIC shareholders for a share exchange merger. Among them, CSSC is the absorbing merger party and CSIC is the absorbed merger ...

The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While this represents an increase from the record-low 221 ...

Half-year container volumes at Ningbo-Zhoushan port reach 20 million TEU ...

Shell, a UK-based energy company, has initiated production at the Ormen Lange phase III project in the Norwegian Sea, 120 kilometers northwest of Kristiansund, Norway. This phase enhances gas recovery ...

Van Oord has announced the appointment of Mr Just In ‘t Velt to the position of Chief People Officer (CPO) in its Executive Committee. Van Oord’s people agenda is fundamental to its strategy and to ...

Austal Limited (Austal) says it has completed the final funding piece of its $1.2 billion capital expansion program in the United States, securing $488 million in credit facilities from a group of ...

Aker Arctic Technology Inc (“Aker Arctic”) announced on May 19, 2025, that Aker Arctic and Bluetech Finland Ltd (“Bluetech”) are joining forces and will transfer to the ownership of Arctic Marine ...

The total value of the order is 1.3963 trillion won (approximately US$1.03 billion), with each vessel costing approximately US$258 million. According to Clarkson data, the market price for LNG ...

Ports as anchors of European resilience During the government session, Flanders and North Rhine-Westphalia confirmed their shared ambition regarding renewable energy, the circular economy and ...

Abu Dhabi plays a significant role in driving growth for the FMCG industry, contributing 36 percent of the UAE’s total food processing output ...