South Korea shipbuilder HD Hyundai is moving forward with plans to develop small modular nuclear reactors for shipping with TerraPower, Southern Company, and Core Power.

The volume of containers handled by Panama ports fell 2.4% to 8.32 million teu in 2023 from 8.52 million teu a year before.

Norsepower will install three of its rotor sails to Oldendorff Carriers’ post-panamax bulk carrier Dietrich Oldendorff.

The world’s third largest container line CMA CGM has stopped transiting the Red Sea and is rerouting via the Cape of Good Hope to avoid the threat of Houthi attacks.

As the situation in the Red Sea disrupts normal operations, legal and insurance experts explore some of the practical and legal considerations shipowners and charterers face.

Global logistics service provider DB Schenker has appointed Vishal Sharma as the new CEO for Asia Pacific Region.

The Cargotec Corporation’s Board of Directors has approved a plan to demerge the business of Kalmar as a separate listed company.

The world’s first ship-to-ship methanol bunkering for a very large containership, the Maersk Ane, has been carried out in Ulsan port.

US and UK forces carried out a further series of strikes at the weekend on Houthi targets in Yemen being used to attack commercial shipping the Red Sea.

Seacor Holdings has sold its Caribbean liner and logistics business, Seacor Island Lines to Da Costa Gomez family-owned King Ocean Services.