Damen and Alfa Laval join forces to accelerate shipping decarbonisation

l to r: David van Luijtelaar (Head of Marine Division Benelux, Alfa Laval) and Bas Loohuis  (Commercial Director, Damen Shiprepair)

Damen Shiprepair and Alfa Laval Benelux have signed a memorandum of understanding to intensify their cooperation on energy efficiency in the maritime industry. The partnership brings together two key players committed to supporting shipowners in their transition to lower-carbon operations.

The collaboration focuses on identifying opportunities for sustainability...

https://allaboutshipping.co.uk/2025/05/13/damen-and-alfa-laval-join-forces-to-accelerate-shipping-decarbonisation/

Market Report: FTSE dips as UK unemployment inches up

Derren Nathan
  • FTSE stumbles at the open
  • Magnificent Seven investors embrace US/China trade agreement
  • Sun shines on British retailers with April footfall up 7.2%
  • Unemployment up from 4.4% to 4.5% as expected
  • Sterling rises from 1 month low against the dollar
  • On the Beach results highlight strong holiday demand
  • US core Consumer Price Index (CPI) later today – consensus +2.8%
  • Brent Crude down a touch to around $64.9 per barrel

Derren Nathan, head of equity research, Hargreaves Lansdown:

“The FTSE...

https://allaboutshipping.co.uk/2025/05/13/market-report-ftse-dips-as-uk-unemployment-inches-up/

U-Freight achieves HKAEO accreditation for high security standard

l to r: Jason Chen, project manager; Joey Cheung, general manager, and Matthew Sze – human resources and administration manager from U-Freight Ltd, with the HKAEO certificate.

U-Freight Ltd has been officially accredited as a Hong Kong Authorized Economic Operator (HKAEO) by the Hong Kong Customs and Excise Department.

This accreditation acknowledges that the company has met stringent security standards in its operations and cargo handling processes and will enable it to enjoy a range of trade...

https://allaboutshipping.co.uk/2025/05/13/u-freight-achieves-hkaeo-accreditation-for-high-security-standard/

Monegasque billionaire Stefano Pessina strengthens hold on Walgreens Boots in $10bn takeover

Good Morning Monaco

Tuesday, May 13, 2025

Monegasque billionaire Stefano Pessina strengthens hold on Walgreens Boots in $10bn takeover Monegasque billionaire Stefano Pessina is set to deepen his control over Walgreens Boots Alliance, as he prepares to raise his stake in the company to nearly 50 per cent in a $10 billion private equity deal led by Sycamore Partners…

Young voices shape Monaco’s future at 18th CESE des Jeunes Closing Session Monaco’s future changemakers took centre stage on...

https://allaboutshipping.co.uk/2025/05/13/monegasque-billionaire-stefano-pessina-strengthens-hold-on-walgreens-boots-in-10bn-takeover/

Fincantieri Reports Strong Q1 2025 Results: Launch of Underwater Segment and Record Order Intake

Fincantieri is pleased to share its interim financial results for the first quarter of 2025, showcasing impressive growth across all business segments and achieving its best ever quarter in terms of new orders.

Below are the key highlights from the report:

  • Revenues totalled €2,376 million, up 35% compared to Q1 2024 (€1,767 million).
  • EBITDA: €154 million, a 54% increase from Q1 2024 (€100 million), driven by strong performances in all segments, especially Shipbuilding (+53%).
  • EBITDA margin:...

https://allaboutshipping.co.uk/2025/05/12/fincantieri-reports-strong-q1-2025-results-launch-of-underwater-segment-and-record-order-intake/

Market report: Swell of optimism amid progress on China US trade deal

Susannah Streeter
  • Stocks rise after fruitful weekend negotiations between the US and China.
  • FTSE 100 trades higher at the start of the week, with a spring in its step.
  • Optimism looks set to spread to Wall Street, with strong start expected for S&P 500.
  • Gold prices fall back more than 1% to $3275 an ounce, as investors retreat a little from safe havens.
  • Heathrow records busiest ever April, despite trade turmoil and substation fire.
  • Brent Crude heads above $66 a barrel, near a two-week high. 

Susa...

https://allaboutshipping.co.uk/2025/05/12/market-report-swell-of-optimism-amid-progress-on-china-us-trade-deal/

Market Report: Stocks hold firm as markets wait for further trade deals

  • FTSE sentiment rises on UK trade agreement with US
  • Investors eye progress on China trade discussions as EU plays hardball
  • Chinese exports surprise, rising 8.1% in April
  • NVIDIA plans new H20 chip to fight export ban
  • TSMC’s sales up 48.1% in April
  • Brent Crude bounces to around $63 per barrel, Starmer targets Russia’s shadow fleet

Derren Nathan, head of equity research, Hargreaves Lansdown:

“The diplomatic offensive presented conjointly by President Trump and Keir Starmer from Washington and...

https://allaboutshipping.co.uk/2025/05/09/market-report-stocks-hold-firm-as-markets-wait-for-further-trade-deals/

BIFA realigns its policy and compliance team

Robert Windsor, senior policy adviser, and Pawel Jarza policy, compliance and external affairs director.

In an ongoing reorganisation of its policy and compliance team, the British International Freight Association (BIFA) has promoted Pawel Jarza to policy, compliance and external affairs director.

Jarza is well known to many BIFA members as a result of his work in the Customs environment as frontier policy manager, and more recently as policy and compliance adviser, air.

A graduate of the...

https://allaboutshipping.co.uk/2025/05/08/bifa-realigns-its-policy-and-compliance-team/

Nor-Shipping 2025 Thought Leader Interview – Nick Potter, CEO, AET

Leading from the front

AET, a member of the MISC Group, is navigating the energy transition by balancing long-term ambition with near-term pragmatism as it works toward achieving net zero by 2050. Here, President and CEO Nick Potter outlines the company’s focus on delivering measurable progress through efficiency, innovation and collaboration – in a sector defined by its global scale, operational complexity and interdependencies across supply chains, regulation and technology.

Nick Potter has no...

https://allaboutshipping.co.uk/2025/05/08/nor-shipping-2025-thought-leader-interview-nick-potter-ceo-aet/

Inchcape Shipping Services and Symmetry Group Announce Strategic Partnership in Guyana

In photo from left: Kishan Ramoutar, ISS Marine Services Manager, Trinidad, Guyana & Suriname, Manniram Prashad, Chairman of GOGEC, Kerensa Bart, Co-Founder & President of Symmetry Group, Dr Peter Ramsaroop, Chief Investment Officer, GO-INVEST, Tekram Singh, Partner Symmetry, Daniel Rizkalla, ISS Commercial Manager – Americas and Ashley Zelesnikar, ISS Sales Manager.

Inchcape Shipping Services (ISS) and Symmetry Group Inc. (SGI) are pleased to announce a strategic joint venture in Guyana,...

https://allaboutshipping.co.uk/2025/05/07/inchcape-shipping-services-and-symmetry-group-announce-strategic-partnership-in-guyana/