Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will conduct a trial of Inmarsat Maritime’s new bonded network service NexusWave on “K” LINE’s fleet. NexusWave ​​seamlessly integrates multiple...

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A consortium, including technology group Wärtsilä, will develop a new system for the maritime industry which is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonising fleet operations. The project, name ‘TwinShip’*, is...

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The Panama Maritime Authority (PMA) has introduced a legal mechanism enabling the immediate revocation of registration and navigation licenses for vessels in the national merchant fleet that appear on international sanctions lists. Additionally, any other navigation...

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Based on preliminary and unaudited figures, Hapag-Lloyd AG achieved a Group EBITDA of approximately USD 3.6 billion (EUR 3.3 billion) and Group EBIT of approximately USD 1.9 billion (EUR 1.8 billion) in the first nine months of 2024. Given the current course of...

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Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November and backwardation firming despite inventory builds at key trading hub Singapore. The cash premium for 380-cst high sulphur fuel oil (HSFO) traded up at $11 a metric ton,...

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