MSC Mediterranean Shipping Company is believed to have purchased two feeder container ships from New York-listed Global Ship Lease (GSL). The tonnage-hungry liner operator has been linked to the 2,200 ...

The EU granted $8.1 million to the STEESMAT project, which aims to develop a new power distribution systems for the ...

Maersk said today it expects to grow its business to track an expected 4% growth in container shipping this year, even as profits are set to decline and Trump's tariff threats create uncertainty ...

STOXX 600 hits record high on robust earnings, focus on talk of Ukraine peace plan February 6, 2025 Maersk on Thursday said it expects to grow its business to track an expected 4% growth in ...

In 2022, KTM, under Pierer Mobility, bought into MV Agusta in 2022. This was increased to a majority stake in 2024 with a 50.1 % stake in MV Agusta, leaving 49.9 % in the hands of the Sardarov family.

Hapag-Lloyd and Maersk's Gemini Cooperation initiative will come into effect on 1 February and will cover the ocean freight network on East-West trades. Forsyth Barr head of research Andy Bowley said ...

One Hong Kong-flagged ship, the 10,100-teu Maersk Gibraltar (built 2016), narrowly escaped a missile in December 2023. The vessel was operated by AP Moller-Maersk and owned by Seaspan. Download ...

Seatrium has been awarded an engineering, procurement and construction contract by Japan-based Penta-Ocean Construction (POC) for a 5000-tonne fully revolving heavy lift vessel, marking the ...

Follow us on Facebook and join our Telegram channel for the latest updates. Seatrium has announced it has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the ...

The Maltese-flagged Vezhen was sailing to South America, loaded with fertilizer. The 32,000-ton vessel was launched in 2022, Kalchev said. The Swedish public prosecutors’ office said it was now ...

Global logistics company Maersk has begun transporting goods with an electric truck for Danish-based pump manufacturer Grundfos, as part of a wider initiative to reduce emissions. Since October 2024, ...

The navy said it had identified a “suspect vessel”, the Michalis San, which was near the incident’s location along with two other ships. The Michalis San was headed for Russia, according to ...