The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol container ships.This key milestone reflects the Group’s long-term investment strategy, built on asset ownership and the integration of advanced technologies to enhance the environmental and operational performance of its fleet.With the CMA CGM Monte Cristo, the Group reaches a milestone of 400 owned vessels…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, has finalized a $115 million project finance facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, reinforcing the Group’s…
Inmarsat Maritime, part of Viasat Communication Services, will install NexusWave across Auerbach’s fleet of newbuild heavy lift vessels to meet the German shipping company’s connectivity performance needs for its new generation of ships.Hamburg…
The UP World LNG Shipping Index gained 4.05% last week, closing at 182.36 points and exceeding the 180-point mark for the first time in its history. The S&P 500 rose 0.3% over the same period.Trading activity was robust, with volume well above average and a 15:4 ratio of rising to falling stocks…
GTT announced that it has received, in early 2026, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of four new Liquefied Natural Gas Carriers (LNGCs).The LNGCs will be built by the shipyard HD Hyundai Heavy Industries…
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
Wilson Sons held a launch ceremony for the tugboat WS Halcyon Thursday, January 29, in Rio de Janeiro. It is the first of a new series of three high-powered tugs.Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is a class 2312…
BIO-UV Group has announced a strategic partnership with water-monitoring specialist MicroWISE to develop new ballast-water treatment and verification solutions designed to address rising enforcement pressures and the anticipated growth of port-side reception facilities…
The Council of the International Association of Classification Societies (IACS) has announced the election of Alex Gregg-Smith to the position of IACS Chair. Mr. Gregg-Smith will assume the role on July 1, and his term of office will run until December 31…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ending December 31, 2025. The Group delivered a net profit of USD$460 million (QAR 1.69 billion), representing an increase of 3.1% compared to USD$450 million (QAR 1…
Medov Logistics, the shipping, logistics, air freight and supply chain logistics division of Medov Group, announced the appointment of Andrea Dellacasa as Chief Executive Officer and General Manager. This appointment is the Group’s first strategic change of 2026…
Konecranes has received its sixth portal jib order from the US Navy, part of an agreement initially announced in December 2019. This latest process crane order, worth $49.7 million, was booked in January 2026 and the jib will be delivered to Portsmouth Naval Shipyard in Kittery…
Product tankers shipowner d’Amico International Shipping S.A. said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a shipbuilding contract with Guangzhou Shipyard International Company Limited (China) for two new Medium Range 1 (MR1 – 40…
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.In his role, Erik is responsible for driving the group’s strategic direction…
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