Suez Comeback: Largest Maersk Ship in 2 Years Transits Canal
The Suez Canal just saw a significant milestone: the transit of the Astrid Maersk. This isn’t just another ship passing through; it is the largest Maersk container vessel to use…
The Suez Canal just saw a significant milestone: the transit of the Astrid Maersk. This isn’t just another ship passing through; it is the largest Maersk container vessel to use…
South Korean private equity giant Hahn & Company is making a major move in the tanker market. The firm has agreed to sell 10 Very Large Crude Carriers (VLCCs) from…
CMA CGM is making a concrete move to clean up the Fos-Lyon corridor. The shipping giant is preparing to launch a new electric inland barge service designed to take cargo…
MTN, a pioneer in Low Earth Orbit (LEO) technology, has finalized a major agreement to become an authorized reseller of Amazon Leo (Amazon’s satellite internet service). This deal opens the…
Transocean has struck a deal to acquire competitor Valaris in a $6 billion stock transaction.It effectively creates the largest offshore drilling contractor on the planet, with a combined enterprise value…
The Government of India has officially approved a ₹364 crore plan to modernize the country’s fishing fleet. Under the Vessel Communication and Support System (VCSS), 100,000 mechanised and motorized fishing…
CMA CGM Group has announced a major partnership with Marlink and Eutelsat to overhaul the internet connectivity across its global fleet. Under the new multi-year agreement, the shipping giant will…
A.P. Moller – Maersk has officially signed a contract with China’s New Times Shipbuilding for eight new large containerships. While the order continues their fleet renewal program The vessels will…
The Klaipeda Port Authority has announced a massive €775 million investment plan over the next four years to increase capacity and modernise infrastructure.Last year, the port handled 39 million tonnes…
As Venezuela resumes its oil trade under U.S. management, the industry is discovering that old habits die hard. State oil company PDVSA has started shipping cargoes again, often using the…