In a groundbreaking move towards more sustainable shipping practices, the 82,000 dwt Kamsarmax bulk carrier, TR Lady, has undergone a remarkable transformation. Anchored at the
Image: Maersk
The maritime shipping industry has been grappling with significant challenges throughout 2023, contending with a confluence of factors including diminishing demand, rising overcapacity, and
Mitsui O.S.K. Lines, Ltd. (MOL), a prominent figure in the maritime industry, has taken a significant step towards accelerating decarbonisation by teaming up with the
Indian Register of Shipping (IRS), an esteemed international ship classification society, has joined forces with Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) to sign a
In an exciting development for the maritime and offshore industry, Colombo Dockyard has recently delivered the state-of-the-art cable laying and repair vessel (CLV) Sophie Germain
In a strategic move that's set to reshape the maritime and logistics landscape, Mediterranean Shipping Company (MSC) has announced the acquisition of a majority stake
A.P. Moller – Maersk (Maersk) surprised with its second-quarter results in 2023, exceeding expectations amidst ongoing market normalization that led to reduced volumes and rates.
Hamburg-based shipping company, Vega Reederei, is set to bolster its fleet with the addition of 10 state-of-the-art diesel-electric coasters in China. The move marks the
In a significant collaboration, Jumbo Maritime has partnered with Esgian, a Norway-based service performance and benchmarking analyst, to become the pilot client for their newly