Emirates Global Aluminium (EGA) and K Line have inked an agreement to cooperate on research and pilot projects to decarbonise bulk cargo shipping. Under the agreement the two companies will focus on developing and implementing new marine decarbonisation technologies...

Read More

HMM, the nation’s largest shipping company, plans to expand its capacity from the current 820,000 TEUs to 1.2 million TEUs by 2026 and invest 15 trillion won in strategic shipping assets during the next five years. HMM, the nation’s largest shipping company, plans to...

Read More

Dutch shipbuilder Damen has received four ship orders from German shipowners for Damen’s combi bulk fuel-efficient freighters. The orders were placed by Reederei Wessels and HS Shipping Group (HS Schiffahrt), both from Haren in northern Germany. Both ordered two Damen...

Read More

When Russia invaded Ukraine in February, Finnish technology company Wärtsilä suspended all deliveries, sales, orders, and bidding for Russian customers. It further downscaled its operations in the Russian Federation in April, taking a $200 million writedown on the...

Read More

China’s Rainbow Industries and Kalmar, a part of Cargotec, have entered into an agreement that Kalmar will transfer heavy cranes’ related intellectual properties and assets to Rainbow. This agreement covers Kalmar rubber-tyred gantry...

Read More