In a surprise move that was also seen as a vote of confidence for the lagging dry bulk sector, the Saverys family announced they are paying nearly $1.2 billion to become investors in Golden Ocean. The company describes itself as one of the world’s leading dry bulk shipping companies currently with a fleet of 91 […]
A group of migrants was rescued after spending four days on a Mediterranean gas platform. One of the NGOs active in the region, the Berlin-based Sea-Watch, finally intervened and with permission from Italy landed 32 survivors and one deceased individual. It was the second incident with the same platform in the past three years. The drama […]
Construction is underway at Milwaukee Mitchell International Airport on a modern air cargo terminal that local officials say will make it easier for Wisconsin businesses to move goods domestically and internationally, but ultimate success still hinges on attracting one or more cargo airlines that can provide airlift. The speculative project will redevelop a significant portion […]
Hurricane Commerce announced a strategic partnership with SGS, enabling the integration of Hurricane’s global data intelligence platform with the AI-powered SGS D-TECT® Solution. This collaboration brings together two leading technologies to deliver unparalleled accuracy in customs clearance, compliance, and security screening—helping customs authorities and businesses worldwide process shipments with greater efficiency and confidence. As a […]
The French shipping group CMA CGM recently took delivery of its first dual-fuel methanol containership. While the group continues significant investments in LNG-fueled newbuilds it also recognized the need for diversified sources during this period of transition in the maritime industry. The new vessel CMA CGM Iron departed Singapore on March 4 bound for the […]
Cold Chain Technologies (“CCT”), a leading global provider of advanced thermal packaging and digital monitoring solutions for the transportation of temperature-sensitive life sciences products, today announced it has acquired Global Cold Chain Solutions (“GCCS”), a leading provider of passive cold chain solutions primarily in Australia and India. Terms of the transaction were not disclosed. GCCS designs and manufactures high-performance thermal […]
The Latin American and Caribbean Air Transport Association (ALTA) welcomed FL Technics as a new member. FL Technics is a globally recognised company providing aircraft Maintenance, Repair, and Overhaul (MRO) company, providing base and line maintenance, engine repair services, technical training, continuous airworthiness and design engineering solutions, as well as parts trading, asset management and […]
Japan’s Mitsui Ocean Cruises reports it has purchased a second, small luxury cruise ship from Carnival Corporation’s Seabourn Cruise Line as it seeks to expand its domestic cruise operations. The shipping major best known for its bulker operations announced plans in 2023 to diversify its business with an expansion of its cruise line which […]
The Defense Advanced Research Projects Agency (DARPA) and Serco have launched the Defiant, a prototype unmanned surface vessel that was designed from the ground up for fully uncrewed naval operations. The ship has no provisions at all for human occupancy during operation. The 180-foot, 240-tonne autonomous gray hull is in the water and will […]
Local officials and the UK’s Maritime and Coastguard Agency are working on a plan to free a Dutch short-sea cargo ship that is high and dry or as one local official described it “stuck in the mud.” After three attempts over a 24-hour period, the vessel remains aground. The short-sea cargo ship H&S Wisdom (1,850 […]
On Tuesday, King Charles flew out to join the carrier HMS Prince of Wales in the English Channel – the first time that the King of England has visited a Royal Navy warship under way in four decades. Prince of Wales is set to depart soon for Japan, and her crew are undertaking workup […]
With the IMO’s next Marine Environment Protection Committee (MEPC) set to take place in April, Australia’s Fortesce’s marine division, Fortescue Zero, brought its dual-fuel ammonia-powered vessel to London for demonstrations. The company previously showed off the vessel for the first time in Dubai during the UN’s COP 28 in November 2023 and now seeks […]
