Greek buyers lead capesize surge 
Dry bulk shipping values are on the rise, with capesize earnings reaching the highest seasonal levels since 2010, Veson reports. The sector has seen substantial value increases in all ages and size categories, particularly in the capesize and supramax segments. For instance,... plus
Record order for automatic stacking cranes
ABB and the Austrian crane builder Kuenz have secured the largest single order of automatic stacking cranes (ASC) in European terminal history for the expansion of APM Terminals Maasvlakte II (APMT MVII) in Rotterdam, Netherlands. The contract includes 62 ASCs and one... plus
Concordia Damen wins contract in Uruguay
Uruguayan shipowner TFF has contracted Concordia Damen to build a CDS 2410 river pusher for transporting cellulose pulp. The pusher, with 2,500 HP, will operate between Fray Bentos and Nueva Palmira. Concordia Damen built the vessel based on local river characteristics for... plus
Advancing hydrogen collaboration
The port of Gothenburg has partnered with Hitachi Energy and Skanska to implement a hydrogen collaboration project in a significant step towards sustainable infrastructure development. The project features the use of a hydrogen generator with new technology, piloting... plus
Un nouveau rôle pour les armateurs 
Entretien avec Andreas Stepan, porte-parole de l’Association des agents maritimes autrichiens. Le passage dangereux du canal de Suez a des effets graves sur les taux de fret maritimes. Les chargeurs cherchent de plus en plus le contact direct avec les armateurs et lancent des... plus
DP World reports 2023 financials
DP World has announced its financial results for 2023, which show a 6.6% revenue growth to USD 18,250 million and a 1.9% uptick in adjusted ebitda to USD 5,108 million. The company's profit for the year decreased by 17.7% to USD 1,514 million due to higher finance costs. Cash... plus
Testing eco-friendly sails
Smart Green Shipping has initiated on-land testing of Fast Rig, a wing sail designed to cut shipping emissions by up to 30%. Developed collaboratively and financially supported by MOL Dry Bulk, the economic development agency Scottish Enterprise, and private investors, Fast Rig... plus
'P&O Liberté' begins Dover-Calais sailings
P&O Ferries has launched the 'P&O Liberté', its second hybrid vessel, for commercial sailings between Dover and Calais. Designed for the English Channel, the 'P&O Liberté', along with its sister ship 'P&O Pioneer', is part of the fusion-class fleet and reduces... plus
ONE enters EU emissions trading
Ocean Network Express (ONE) has completed its first European Union allowances (EUA) transaction with BNP Paribas, marking a significant step in complying with the EU emissions trading system (EU-ETS). Since 1 January 2024, shipping companies must monitor, report, and verify... plus
Discussing anti-GHG measures with the IMO
The International Association of Ports and Harbours (Iaph) is taking an active part in the 16th meeting of the IMO's intersessional working group on the reduction of greenhouse gas (GHG) emissions from ships (ISWG-GHG 16) and the 81st meeting of the marine environment protection... plus