Salvors working with the Key Bridge Response Unified Command in Baltimore refloated and moved the M/V Dali at approximately 7 a.m. local time today (Monday). The M/V Dali is being relocated to a local marine terminal a few kilometres away. Ship manager Synergy Marine Group said in a statement Friday that all crew members were […]
The Nautical Institute is committed to the next generation of maritime professionals, be they young lawyers, academics, junior officers or cadets and it consistently delivers real value through its membership offering to those at the very start of their career. The Nautical Institute actively listens to the experiences of its existing younger members by seeking […]
Despina Panayiotou Theodosiou voiced gratitude at being selected as recipient of the first ever IMO Gender Equality award, presented by Secretary-General Arsenio Dominguez ahead of the International Maritime Organization Women in Maritime 2024 event. The award recognised Co-Chief Executive Officer of Tototheo Maritime, Ms. Panayiotou Theodosiou’s leading and pivotal role in advancing gender equality and […]
Inmarsat Maritime, a Viasat company, has launched NexusWave, a fully managed connectivity service underpinned by a ‘bonded’ multi-dimensional network, offering high-speed connectivity, unlimited data, global coverage, and ‘secure by design’ infrastructure. Delivered by a single provider, NexusWave is a fully managed service that seamlessly integrates multiple high-speed networks in real time – Global Xpress (GX) […]
During first-quarter 2024, the CMA CGM Group delivered what it describes as a robust financial performance, with EBITDA of $2.4bn on revenue of $11.8bn. While these figures were down 30% and 7% respectively year-on-year, they showed a rebound on the previous mainly due to the effect of persistent geopolitical tensions, particularly in the Red Sea […]
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of the previous year, the Group EBIT decreased to USD 396 million (EUR 365 million) and the Group profit to USD 325 million (EUR 299 million). “Even though our results are significantly […]
Lloyd’s Register (LR) and Shandong Marine Group (SDMG) have signed a Memorandum of Understanding (MoU) that will allow the two organisations to collaborate on energy transition opportunities. Shandong’s economy is the third largest in China and the province, situated on the country’s eastern coast, has successfully modernised its marine sector in the past decade, adopting […]
Turkey’s Med Marine, a leading provider of top-tier tugboats, announces the successful delivery of the MED-A2565 class Robert Allan Ramparts 2500-W design tugboat for client Arrendadora Continental, S.A. Arrendadora Continental, S.A. carefully selected Med Marine’s MED-A2565 unit for its exceptional operational versatility, positioning it as an optimal choice for terminal escort and harbour towage operations. […]
Athens-based Harbor Lab, provider of a software platform for port cost management, has raised a $16m Series A funding round led by European VC Atomico. With participation from existing investors Notion Capital, Venture Friends, SpeedInvest and The Dock, and new investors Endeavor Catalyst and maritime VC TMV, the round follows a Seed round of €6.1m […]
