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Oslo-listed Jinhui Shipping and Transportation has sold another of its older supramax bulk carriers as part of its ongoing fleet renewal drive. The Hong Kong-based owner said it agreed to dispose of a 2012-built, 56,469-dwt Jin Mao for $13.2m to China’s New Unite Marine. The vessel, built at Jiangsu Hantong Ship Heavy Industry, will be …
https://splash247.com/jinhui-clears-out-another-ageing-supramax/
https://splash247.com/jinhui-clears-out-another-ageing-supramax/French shipping and logistics group CMA CGM has taken another step to expand its terminal footprint in the Middle East, signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (RSGT) for a potential joint venture to build and operate Terminal 4 at Jeddah Islamic Port. The agreement, signed by CMA Terminals during the …
https://splash247.com/cma-cgm-plots-expansion-in-saudi-arabia-with-450m-jeddah-terminal-jv/
https://splash247.com/cma-cgm-plots-expansion-in-saudi-arabia-with-450m-jeddah-terminal-jv/APM Terminals and the Alabama Port Authority have agreed to move ahead with a $131m expansion at the Port of Mobile, adding a new 1,300-foot container berth to handle growing trade volumes through the Gulf of Mexico gateway. The “Phase V” project will boost berth capacity by 50%, allowing the APM Terminals Mobile facility to …
https://splash247.com/apm-terminals-and-alabama-port-move-ahead-with-mobile-expansion/
https://splash247.com/apm-terminals-and-alabama-port-move-ahead-with-mobile-expansion/Kawasaki Heavy Industries, Ltd., Yanmar Power Solutions Co., Ltd. and Japan Engine Corporation announced they have successfully conducted the world’s first land-based operation of marine hydrogen engines. The demonstration took place at Japan Engine’s headquarters factory…
https://www.marinelink.com/news/consortium-achieves-first-landbased-531651
https://www.marinelink.com/news/consortium-achieves-first-landbased-531651Wartsila still believes the decarbonisation of marine traffic will continue despite a delay to establishing a global carbon price for shipping, its CEO said on Tuesday, as it reported third-quarter order intake below market expectations.The Finnish engineering group…
https://www.marinelink.com/news/wartsila-stands-firm-shipping-531654
https://www.marinelink.com/news/wartsila-stands-firm-shipping-531654A series of U.S. strikes against suspected drug vessels in the eastern Pacific killed 14 alleged drug traffickers and left one survivor, U.S. Defense Secretary Pete Hegseth said on Tuesday, the latest operation in President Donald Trump's counter…
https://www.marinelink.com/news/us-strikes-suspected-drug-vessels-kill-531656
https://www.marinelink.com/news/us-strikes-suspected-drug-vessels-kill-531656Royal Caribbean forecast fourth-quarter profit below expectations on Tuesday, as the cruise operator faces higher costs, sending its shares down about 8% in early trading.The company raised its forecast for annual profit but that too fell short of expectations…
https://www.marinelink.com/news/royal-caribbean-q-profit-forecasted-below-531657
https://www.marinelink.com/news/royal-caribbean-q-profit-forecasted-below-531657Royal IHC and Floorganise B.V. have expanded their partnership to establish the conditions for digital supply chain collaboration within the Dutch shipbuilding ecosystem. This collaboration aligns with the Dutch Maritime Masterplan and contributes…
https://www.marinelink.com/news/royal-ihc-floorganise-strengthen-dutch-531667
https://www.marinelink.com/news/royal-ihc-floorganise-strengthen-dutch-531667Speakers at the 2025 WISTA AGM and Conference, held in Barcelona October 22-24, shared their thoughts on collaboration across maritime, trade, and logistics as a key to achieving goals on equality, gender diversity and decarbonization.The event…
https://www.marinelink.com/news/wista-international-conference-encourages-531668
https://www.marinelink.com/news/wista-international-conference-encourages-531668Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the third quarter of 2025 which ended September 30, 2025, with a net profit of USD$360 million (QAR 1.31 billion), compared to USD$352 million (QAR 1.28 billion) for the same period in 2024, an increase of 3.0%.
https://www.marinelink.com/news/nakilat-reports-m-profit-q-531669
https://www.marinelink.com/news/nakilat-reports-m-profit-q-531669