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Hapag-Lloyd/Zim takeover embeds Top 5 carriers’ preeminence

Hapag-Lloyd’s planned $4.2 billion takeover of Zim will help it stay relevant in an increasingly consolidated container shipping market. What are the implications of the Top 5’s share rising to 67% and other smaller carriers being left behind? On Monday, Germany’s...

Baltic Dry Index Bounces

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped its three-day losing streak on Friday, rising 1.2% to 2,043 points, mainly supported by the larger vessel segments. The capesize index, which typically...

Lloyd’s Register verifies GT Wings’ performance assessment methodology for AirWing™ Jet Sail

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...

Wallenius Marine awarded Ship Management contract for seven newbuildings

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...

Shanghai bunkering blueprint targets LNG and methanol

The Chinese government plans to develop 1 million cbm/year of LNG and 1 million mt/year of biofuel and methanol bunkering capacity in Shanghai by 2030. Ten Chinese ministries, including the transport ministry, have outlined a blueprint to develop an international...

Teekay Tankers Says Tanker Demand And Supply Fundamentals Remain Supportive

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)...

Hapag-Lloyd/Zim takeover embeds Top 5 carriers’ preeminence

Baltic Dry Index Bounces

Lloyd’s Register verifies GT Wings’ performance assessment methodology for AirWing™ Jet Sail

Wallenius Marine awarded Ship Management contract for seven newbuildings

Shanghai bunkering blueprint targets LNG and methanol

Teekay Tankers Says Tanker Demand And Supply Fundamentals Remain Supportive

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