DNV validates first centrifugal onboard carbon capture system achieving up to 98% CO₂ capture
DNV has confirmed the performance of a new onboard carbon capture solution developed by Carbon Ridge, validating CO₂ capture rates...
LR approves camera-based solution to increase container ship cargo capacity
Lloyd’s Register has granted Approval in Principle (AiP) to HD Hyundai Samho for a new container ship design standard aimed at improving...
SHI targets floating data centre market through global partnership strategy
Samsung Heavy Industries (Samsung Heavy Industries) is positioning itself in the emerging floating data centre market after signing a series...
Marinakis: “Shipping would have been better off paying a Hormuz fee”
One of shipping’s most outspoken figures, Evangelos Marinakis, founder and chairman of Capital Maritime & Trading Corp, has suggested that the industry might have been better served by paying a structured fee to maintain access through the Strait of Hormuz, rather than enduring prolonged disruption following the Iran-Israel-US-related conflict. Speaking at the TradeWinds Shipowners Forum during Posidonia, Marinakis argued that a predictable payment system would have...
“Sooner or later the party will finish”: Shipowners warn of risks beneath strong markets
At the TradeWinds Shipowners Forum held during Posidonia, senior figures from across global shipping gathered around a central question: how long can...
Genco and Diana Remain Locked in Takeover Standoff After Latest $24.80 Bid Rejected
The prolonged takeover confrontation between US-listed dry bulk operator Genco Shipping & Trading and Greek rival Diana Shipping has intensified once again after Genco’s board unanimously rejected Diana’s latest cash offer of $24.80 per share. The decision marks the third time Genco has turned down proposals from Diana since the takeover attempt began late last year, setting the stage...
AERION Unifies Cargo Expertise to Deliver a New Commercial Model for Airlines
AERION is strengthening its position as the commercial driving force behind a fully integrated air cargo ecosystem, offering airlines a...
Cecilia Markez Takes the Helm at Lognet Global as WCAworld Strengthens Its Global Network Strategy
Lognet Global, the independent freight forwarder network powered by WCAworld, has announced the appointment of Cecilia Markez as its new...
EU-Mercosur trade deal to change freight flows, supply chain strategies
The newly signed EU-Mercosur trade deal is expected to have a big impact on global logistics networks, opening up new...
Swearing-in of commissioner returns U.S. maritime regulator to full strength
The Federal Maritime Commission (FMC) has returned to full operational strength following the swearing-in of Robert J. Harvey as its newest commissioner, filling a long-standing vacancy on the five-member panel. Harvey, a Florida native, was officially sworn in on Monday, completing the Commission’s lineup after the departure of Carl Bentzel in...
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