Coast To Coast
New Year Demand Has Ocean Carriers Returning to Charter Market
Better than expected forward demand prospects across major and secondary tradelanes is encouraging ocean carriers back into the charter market...
World’s 1st Hydrogen-Powered Tug Launched
The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the...
MSC Forms Italian Rail Freight JV With Ferrovie Dello Stato Italiane
Officials of both shipping giants; MSC and Italian Rail Freight JV With Ferrovie Dello Stato...
Plethora of Newbuildings Contracted Last Week
Dozens of newbuildings were contracted last week, as more owners are returning to the market. In its latest weekly report,...
U.S. Targets Maritime Companies, Vessels For Shipping Oil Above Russian Price Cap
The United States on Thursday imposed sanctions on maritime companies and vessels for shipping oil sold above the G7’s price...
Libya Rejects Tanker ‘Proteus Philippa’ Over Israel Linked Cargo
A large crude oil tanker, “PROTEUS PHILIPPA” was turned away from Libya after it was determined that the tanker had...
Greece and China Dominate Charts as Ship-Owning Nations
Greece, which has long been the leading owner/operator of cargo shipping, and now joined by China, it has come...
US Invests $553 Million in Development of New Deepwater Terminal in Port of Colombo
Port of Columbo The United States has announced a commitment of $553 million to support the...
ONE Completes Acquisition of Terminal Operators in North America and Europe
Japan-based Ocean Network One (ONE) has successfully completed the acquisition of three terminal operators: TRAPAC, YUSEN, and ROTTERDAM WORLD GATEWAY....
Hapag Lloyd Has Cancelled Services To Control Costs -CEO
A fully-loaded Hapag-Lloyd container carrier The chief executive of Hapag-Lloyd HLAG.DE, the world’s number five container line,...
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