Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed the world’s first successful LED lighting demonstration test utilizing “Seafloor Hydrothermal fluids” (Note 1), a renewable energy source derived from magma heat in the Central Okinawa Trough. The...

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Baleària closed the 2025 financial year with robust financial results that consolidate its business model and strengthen its position in European maritime transport. The company achieved a turnover of €801 million (+16%), EBITDA of €170 million (+29%) and a profit for...

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With the acquisition of two multipurpose vessels, MV “Ronnie” and MV “Charlie”, the Ernst Russ Group continues to advance the strategic development of its fleet. The transaction represents an integral part in the long-term fleet strategy and underlines the company’s...

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Throughput in the port of Rotterdam fell by 1.7% in 2025. This brought total throughput to 428.4 million tons. The largest decline of 6.5% occurred in the dry bulk segment. The liquid bulk segment saw a decline of 1.5%. Container throughput showed growth of 3.1% in...

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Everllence has taken a step towards the development of CO₂-neutral propulsion systems with the announcement that a research-engine test bench at its Augsburg site has been successfully upgraded to enable hydrogen combustion. The new development occurred under the...

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