HD Ksoe presents design of SMR-powered vessel 
HD Korea Shipbuilding & Offshore Engineering (HD Ksoe) has introduced a nuclear-powered containership model, using small modular reactor technology. The company reports that it has it received approval in principle from the US bureau of shipping for its 15,000 teu... more
Iron ore shipments decline amid disruptions
Bimco reports that global iron ore shipments fell 7% year-on-year in early 2025, due to supply disruptions and weak Chinese demand. Australian shipments dropped by 10%, while Brazilian exports declined by 5%. Despite longer sailing distances from Brazil, tonne-mile demand... more
HHLA reports growth in 2024
Hamburger Hafen und Logistik AG (HHLA) has reported preliminary figures for the 2024 financial year, showing a 10.5% increase in revenue to about EUR 1.6 billion and a 22.7% rise in ebit to EUR 134 million. Container throughput at seaport terminals grew by 0.9% to 5.97... more
Investing in wind-assisted deepsea shipping
Econowind, a Dutch company from Zeewolde, has secured EUR 1 million in development capital from Invest International, to advance and test its VentoFoil XL, a 24-30 m high wind sail designed for deepsea shipping. The technology, inspired by aviation principles, aims to reduce... more
IMO and Saudi Arabia launch project for seafarers
The International Maritime Organization and Saudi Arabia have launched the ‘NextWave Seafarers Project’, aiming to tackle the global seafarer shortage while creating career opportunities for cadets from less-developed countries and small island developing states. Running from... more
Jaxport completes vehicle expansion project phase
Contractors have completed the expansion of Jaxport’s berth 22 at the Blount Island Marine Terminal, allowing it to accommodate larger vehicle carriers up to 750 ft long. This project is the first of two vehicle projects that are part of a USD 60 million initiative designed... more
Guyana Port names its first dredger
Damen Shipyards Group has supplied a CSD 350 cutter suction dredger to Guyana Port, including floating pipelines, spare parts, commissioning and crew training. The dredger will support port expansion efforts by deepening key shipping channels in the Demerara River to ensure... more
Mou for ICS, LROO, Marina
The International Chamber of Shipping (ICS), Lloyd’s Register One Ocean (LROO) and the Philippines’ Maritime Industry Authority (Marina) have signed a memorandum of understanding to explore digital seafarer certification. The companies will collaborate in a pilot project that... more
ThPA master plan approved
The port of Thessaloniki (ThPA) has announced the approval of its master plan, through presidential decree No. 12/2025. The plan will enable the company to proceed with mandatory investments aimed at upgrading and modernising the port. A key investment includes expanding pier... more
Arkas expands network with India Med service
Arkas Line has launched a new India Med Service (IMS), strengthening links between India, the Mediterranean and the Red Sea. Partnering with the Parekh Group, the service has been designed to provide optimised transit times between these regions. The option started on 11... more