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Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t keep up with the United States Trade Representative’s (USTR) proposed port fees on shippers. That’s why-despite being headquartered in the U.S.-Genco is reportedly...

Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd’s Register (LR) to develop nuclear power generation for different applications, including strategic response vessels in remote areas. Using micro modular...

Container Freight Volatility Rises Amid Trade Disruptions

The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest report from the UN Trade and Development (UNCTAD) agency estimated that global trade saw a record expansion to $33 trillion in 2024, an...

Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new global agreement covering nine of Aage Hempel’s locations worldwide. The agreement is a significant step in further strengthening...

Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s decarbonisation journey and supports Wallenius Wilhelmsen’s ambition to reduce Scope 3 emissions across Svitzer’s global operations. The...

US-China tariff hikes affect Polish container terminal sale

When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-based Hutchison Ports in 2005 it was quickly dubbed Gdynkong — a portmanteau of Gdynia and Hong Kong. Twenty years on, Gdynkong is now caught in the crosshairs of US...

Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Container Freight Volatility Rises Amid Trade Disruptions

Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

US-China tariff hikes affect Polish container terminal sale

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