GT Wings, provider of unique wind propulsion systems to the commercial shipping industry, has secured Lloyd’s Register verification of sea trials performance assessment methodology for its AirWing™ Jet Sail technology. The announcement, made as industry stakeholders...

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Wallenius Marine has been awarded responsibility for ship management of seven out of 14 of Wallenius Wilhelmsen’s new Shaper class RoRo newbuildings. The contract includes technical management, crewing, procurement, and operational support. Over time, Wallenius Marine...

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Teekay Tankers Ltd. reported the Company’s results for the quarter and year ended December 31, 2025. As a result of the Company’s acquisition of Teekay Corporation Ltd.’s Australian operations and management services companies (collectively, the Acquired Operations)...

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What do we know about the deal? Germany’s Hapag-Lloyd, the world’s fifth-largest container shipping line, has signed a deal to acquire its Israeli rival Zim Integrated Shipping Services for $4.2 billion (€3.5 billion). The merger agreement was signed on Monday,...

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