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Carriers’ profits fall 90 per cent to $3.2 billion in Q2 2023

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According to the latest analysis from Sea-Intelligence, the shipping market is seemingly shifting into a post-pandemic normality as carriers have faced yet another setback...
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Japan's SMBC Aviation Capital to buy 60 Airbus planes

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"" AIRCRAFT lessor SMBC Aviation Capital has entered into a contract to...
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World’s largest cruise ship, Icon of the Seas, delivered to Royal Caribbean

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Finnish shipbuilder Meyer Turku has delivered Icon of the Seas, believed to be the world’s largest and most advanced cruise ship to date, to...
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Gensets: New Fuels but Perennial Goals

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Ports of Auckland fined over worker death

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Ports of Auckland The Ports of Auckland have been given a fine after admitting it was responsible for the death of a worker who...
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Purus, Hyundai order cargo systems for four ammonia carrier newbuilds

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Four new Purus gas carriers to operate with Wärtsilä cargo handling systems (source: © Purus) Four gas carriers under construction at Hyundai Heavy Industries shipyards...
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Australia's Fremantle new sector for Ambassador’s world cruise

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Fremantle is the gateway to the city of Perth, seen here from the Swan River Ambassador Cruise Line named Fremantle as a port of embarkation...
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Strong Quake In Philippines Triggers Tsunami Warnings And Evacuations

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By Mikhail FloresMANILA, Dec 2 (Reuters)–Evacuations were under way in the Philippines after a quake of at least magnitude 7.5 struck the southern region...
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China vs US – globalisation vs protectionism

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© Andrianocz | It seems China is either not alone in its concerns over a move towards global protectionism – or it’s wielding...
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Drewry: Terminal companies pressured to change strategy

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The largest terminal companies such as APM Terminals, Dubai-based DP World and Hutchison all currently find themselves in the midst of a turbulent market...
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