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Container lines achieved net sales of USD 26.8 billion in Q3 and this result may be slightly worse in Q4 2025. Sales growth of 164% compared to the second quarter of the previous year is the result of the third quarter of 2024.
Seatrade Maritime News’ Marcus Hand and Gary Howard reflect on the month of May, with their highlights from the news in maritime and shipping, from the biggest stories to those that simply piqued their interest.
One of the stalwarts of the modern shipping industry and known to all as a statesman who brought the industry together, Jim Lawrence passed away on June 1.
The government of Panama issued a statement rejecting the claims of critics that its flag registry has failed to take sufficient action to stop vessels supporting the Iranian oil trade by citing its removal of vessels from the registry.
India’s Adani Group, which is one of the largest conglomerates and well-known for its port operations, is reportedly under investigation for possible violations of the U.S. sanctions on the Iranian energy industry.
Baltic Index At Two-Month Peak On Higher Capesize Rates.
The Indian government is drafting new rules to align the maritime sector with the International Maritime Organisation’s (IMO) upcoming emission regulations, Mint reported on Saturday. The move is part of a broader effort to support India’s maritime development and green transition goals.
Braskem-Idesa launched its ethane import terminal in Coatzacoalcos, Mexico, adding another demand centre for ethane seaborne trade, which reached 9 million tonnes in 2024.
Dutch and Belgian rescue teams responded to a serious collision on the River Scheldt which seriously injured one person and caused two others to fall overboard as a CMA CGM-operated container feeder and an inland fuel barge collided.
Highlighting their shared commitment to advancing sustainability, innovation, and secure maritime solutions, the governments of Singapore and France announced an enhanced maritime partnership agreement.
A Greek ferry diverted Sunday, June 1, from its normal course responding to a distress call.
Norwegian shipowner Kristian Jebsen and his family have reached an agreement with will complete their exit from Gearbulk, a company they founded about six decades ago and emerged as a leader in the open hatch segment.
A Strategic Defence Review (SDR) commissioned by the British government and to be published on June 2 has set a course for a doubling of the United Kingdom’s nuclear attack submarine force.
Marine engine major, WinGD, has revealed a new strategy to extend the services normally provided during an engine warranty period to full lifetime support.
Tanker owners will welcome this weekend’s decision by members of the OPEC+ cartel to up July production by more than 400,000 barrels per day.
From splash247.com
A flurry of secondhand tanker sales has emerged across various size segments this week, with MR2 units drawing the most buyer interest in the wet trades.
From splash247.com
Texas’s Port of Corpus Christi has celebrated a transformative moment in US maritime infrastructure with the near-completion of its channel improvement project (CIP), a decades-in-the-making initiative that deepens the ship channel to 54 feet (16.46m) mean lower low water (MLLW) and significantly enhances the nation’s energy export gateway.
From splash247.com
In the second instalment from Ship Concept 2035, our brand new magazine, Splash identifies where regulators are enforcing change and where they are not.
From splash247.com
Greek bulker owner Diana Shipping has entered into a time charter contract with Bohai Ocean Shipping for one of its newcastlemax vessels.
From splash247.com
UK shipowner Union Maritime has launched a new lease financing programme, which will help accelerate the adoption of wind-assisted propulsion systems in the maritime sector.
From splash247.com
Norwegian gas shipowner Solvang and BlackRock’s Global Infrastructure Partners (GIP) have established a liquefied gas shipping joint venture.
As Europe envisages shunning Russian gas and LNG by 2027, changes in trade patterns and strategies are likely to unfold.
Asia’s high sulphur fuel oil (HSFO) market softened at the start of the new month amid a selling flurry. A flotilla of spot offers emerged for HSFO on Monday, with several trades surfacing for 380-cst HSFO.
Turkey’s first floating production, storage, and offloading (FPSO) vessel, Osman Gazi, arrived in the Black Sea over the weekend, where its 20-year contract for gas production is expected to start next year.
From www.world-grain.com
WheatACE to explore boosting yields amid changing climate
From www.world-grain.com
Would be called National Commodity Company
