Hyundai Merchant Marine (HMM) accelerates privatization
Hyundai Merchant Marine (HMM) pushes privatization with a bid deadline of August 21. SM Lines, owner of the former…
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maritime news
FuelEU Maritime Initiative: Council Adopts New Law to Decarbonize EU’s…
The legislation, part of the EU's ambitious 'Fit for 55' package, aims to drive the maritime sector towards greater…
Arsenio Antonio Dominguez Velasco from Panamá Elected as IMO Secretary-General
Mr. Arsenio Antonio Dominguez Velasco from the Republic of Panamá as its new Secretary-General of the IMO, taking…
Jinjang Shipping aims to raise USD 418 million through an IPO
The funds raised from the IPO will be utilized to purchase containerships, containers, and support smart vessel…
Evergreen orders 24 methanol-powered container ships of 16,000 teu
According to sources, Evergreen Group on 11 July disclosed to the Taiwan Stock Exchange TWSE that the carrier…
International Court of Justice rules on the dispute over the continental shelf…
According to the ICJ judgment on the dispute of the lawsuit filed by Nicaragua against Colombia related to the…
OOCL: Reports Revenue Plunges by 63% in Q2
According to sources OOCL, a subsidiary of COSCO, revealed a staggering 63% year-on-year drop in its second-quarter…
Mipo delivers the world’s first methanol-powered container ship
Hyundai Mipo Dockyard (HMD), achieved a significant milestone on July 10th with the delivery of the world's first…
Chinese Carriers Benefit from Subsidies Amid Declining Profits
According to sources, Chinese Carriers Benefit from Subsidies Amid Declining Profits.
Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought
According to sources, Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought.