APAC
Charles Taylor names new Asia director of Marine Technical Services
Gordon Tennant has over 40 years of maritime industry experience.
Charles Taylor names new Asia director of Marine Technical Services
Gordon Tennant has over 40 years of maritime industry experience.
Hapag-Lloyd’s group profit down 16% in H1
Liner Shipping segment’s revenues increased, thanks to growth in the East-West trades.
Global logistics market to reach $20.1t by 2033
A growing e-commerce market is fuelling the faster expansion of global logistics.
Connected ship market to reach $9.93b by 2029
Thanks to factors like automation and digitisation of ships, and the adoption of alternative fuels
Singapore’s Pyxis eyes Asia for solar-powered boat expansion
The startup's solar-electric vessels aim to decarbonise inland waterways.
129Knots and Green Link launch embedded finance for marine fuel liquidity
The financing is a first in the industry to introduce a liquidity framework for marine operations.
Political instability remains top risk for global shipping
Another increasing threat to the sector is cyberattacks.
Amogy secures additional $23m to boost ammonia-to-power in shipping industry
One city in South Korea also hopes to use this technology to generate electricity.
LNG Canada transports first cargo to Asia
This will help in ensuring stable energy in the region.
More offshore wind incidents reported in 2024
This includes one fatality.
APAC set to become world’s largest carbon shipping market
The region will likely need 80 specialist vessels for carbon sequestration by 2055.
Propeller retrofit demand soars four-fold since 2020
However, very few ships are equipped.
Global maritime casualties up by 42% between 2018-2024
An ageing fleet is one of the causes of the increase in casualties.
Cleaner shipping faces headwinds from limited biofuel
Global demand for biodiesel in shipping could exceed 140 million tonnes without limitations.
Global shipping container trade up 4.7% in December to February
Asia was the main driver of growth.
Mermaid Maritime posts $7.7m profit loss in Q1
Revenue for the period rose 33% YoY.
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