A rise in freight rates in Q4 FY2023 due to geopolitical tensions in the Middle East pushed Ocean Network Express (ONE) back into the black, and it is forecasting a profitable FY2024.

Following last month’s accident which destroyed the Francis Scott Key bridge and closed Baltimore port to all maritime traffic the Federal Maritime Commission (FMC) has written to President Joe Biden to ask for federal government funds to help...

Monjasa and FAMOIL have supplied a total of 510 tonnes of B30 marine biofuels, for the first time in South America, in the port of Callao, Peru, to the Cargill operated dry bulk carrier, Infinity Sky.

As part of its massive newbuilding plans QatarEnergy has ordered 18 LNG carriers for some $6 billion to be built at Hudong-Zhonghua Shipyard.

A Houthi missile struck the bulk carrier Cyclades, while another MSC containership linked to Zodiac Maritime has been fired upon.

Qatari LNG shipping company Nakilat reported higher revenues and lower operating expenses for the first quarter.

The new Muscat office will focus on crew management and allow the ship management group to offer technical and crew services to the region.

A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early 2024 skewed by sluggish year-on-year comparisons.

Spanish hydrogen power specialist, H2SITE, has been awarded Approval in Principle (AiP) by Lloyd’s Register (LR) for its AMMONIA to H2POWER technology.