China's Guangzhou Port, the largest shipping hub in the country's south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America.Located...
Read more
Nakilat Reports USD$118 Million Net Profit for Q1 2025
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the first quarter of 2025, ending March 31. The Company achieved a net profit of QAR 433 million, marking a 3.2% increase from USD$115 million (QAR 420 million) recorded...
Read more
Capital Group Invests in Kongsberg Simulators for New Training Center in Greece
Kongsberg Maritime has secured a contract with Capital Group, Greece, to deliver K-Sim Engine Room and Cargo simulators for their training centre on the Greek island of Chios. The investment underscores Capital Group’s commitment to high-quality traini...
Read more
At Least Eight Dead as Migrant Boat Sinks Off Tunisia, 29 Rescued
Tunisia's coast guard on Monday recovered the bodies of eight African migrants after their boat sank off the country's coast as it sailed towards Europe, a security official told Reuters, adding that 29 other people were rescued.The boat sank in waters...
Read more
US Energy Secretary: US LNG Supplies to Europe Will Continue to Rise
U.S. liquefied natural gas supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw.The United States is the world's largest exporter of LNG and has played…
Read more
US Vessel Sanctions Target Deliveries of Oil and Gas to Houthis
The U.S. imposed sanctions on Monday on three vessels and their owners for delivering oil and gas products to Yemen's Houthis, as Washington piled pressure on the Iran-backed rebels over their attacks on Red Sea shipping.The sanctions targeted…
Read more
2025 Voluntary Vessel Speed Reduction Season in California Commences May 1st
The 2025 season for the voluntary NOAA and Protecting Blue Whales and Blue Skies (BWBS) programs will begin on May 1 and conclude on December 31. BWBS and NOAA strongly recommend that all vessels 300 gross tons or larger reduce speeds to 10 knots or le...
Read more
Hepburn and Sons LLC, Stäubli Electrical Connectors to Develop Improved Insulated Bus Pipe for the U.S. Navy
Stäubli Electrical Connectors, a leader in advanced connector solutions, and Hepburn and Sons LLC, a leader in Department of Defense (DoD) technology integration, have announced a strategic partnership to develop an improved version of Insulated Bus Pi...
Read more
Artemis Technologies, Noatum Maritime to Purchase Electric Foiling Pilot Boat for UAE Operations
Artemis Technologies, a leader in commercial electric foiling vessels, has entered an agreement with Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, to purchase an electric Artemis EF-12 Pilot boat to operate in the United…
Read more
CMA CGM Welcomes its First Indian Flagged Vessel at Nhava Sheva Free Port Terminal
The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry o...
Read more