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Med Marine Delivers Tug to Arrendadora Continental

Turkish shipbuilder Med Marine announced it has delivered the MED-A2565 class Robert Allan Ramparts 2500-W design tugboat for Arrendadora Continental, S.A.The newly built tugboat, named Monterrico by its owner, has been delivered to Guatemala…
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CMA CGM Sees Overcapacity Looming

Shipping group CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an influx of new ships to weigh on the market later in the year, it said on Friday.Fran...
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LR, SDMG Exploring Energy Transition Opportunities

Lloyd’s Register (LR) and Shandong Marine Group (SDMG) have signed a memorandum of understanding (MOU) that will allow the two organizations to collaborate on energy transition opportunities.Shandong's economy is the third largest in China and the prov...
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