Maritime News

The Panama Canal seeks to dispel lingering misperceptions regarding the effects of the recent drought on its operations and global trade. Through a breakdown of common misconceptions, the Canal aims to provide accurate insights into its current situation and plans.

The Panama Canal reassures stakeholders that despite the challenges posed by the drought, operations remain efficient. By addressing concerns about ship queues, waiting times, and transit...

https://mfame.guru/navigating-truth-panama-canal-drought-myth-busting/

• Iran could close the major oil shipping route known as the Strait of Hormuz if necessary.
• Iran’s saber-rattling is nothing new and stems from its desire to exert influence over regional affairs.
• The mere fear of the Strait of Hormuz’s closure remains a persistent concern for the oil industry and global policymakers.

Iran could close the major oil shipping route known as the Strait of Hormuz if necessary, the commander of Iran’s Revolution Guard’s navy said on Tuesday. But for now, it will keep...

https://mfame.guru/iran-said-it-could-close-major-oil-shipping-route-but-will-it/

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes has completed its merger with Eagle Bulk Shipping Inc., reads an official release.

Under the terms of the merger agreement, each Eagle shareholder received 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned. Eagle common stock has ceased trading and will no longer be listed on the New York Stock Exchange.

Petros Pappas, Chief Executive Officer of Star Bulk, said, “

https://mfame.guru/star-bulk-eagle-bulk-complete-merger/

ACME Group is embarking on a feasibility study in collaboration with Germany-based Hydrogenious LOHC Technologies to explore the viability of utilizing proprietary technology for shipping green hydrogen from Oman to Europe. This endeavour aims to leverage innovative solutions to address the challenges associated with long-distance hydrogen transportation.

Hydrogen transportation poses significant challenges due to its low volumetric energy density, necessitating costly storage...

https://mfame.guru/acmes-collaboration-with-hydrogenious-for-green-hydrogen-shipping/

• Yang Ming has slipped in the global liner rankings due to its cautious fleet expansion strategy, while competitors like HMM and Zim have surged ahead with aggressive fleet expansion initiatives.
• HMM’s strategic ordering and charter agreements have propelled its operational capacity, while Zim’s asset-light approach has allowed it to rapidly expand its fleet through charter agreements.
• Recent deliveries and charter agreements have further strengthened both HMM’s and Zim’s positions, surpassing...

https://mfame.guru/yang-ming-slips-as-hmm-and-zim-surge-in-container-shipping/

• Short Sea Shipping is set to grow, and MSC is one of the leading providers in Europe with the widest network of ports and experts across the region.
• MSC removes complexity by providing a single point of contact and combining the different transport modes at our disposal to deliver energy efficient and on-time shipping.

Reducing the environmental impact of transporting goods is one of the key ways we can reduce our overall impact on the planet’s health. In Europe, road transport currently...

https://mfame.guru/sea-to-savings-how-msc-short-sea-shipping-is-reducing-co2-costs/

Wärtsilä ANCS, part of technology group Wärtsilä, introduces NACOS Platinum Solid State X-Band Radar, a new radar system engineered to redefine safety and reliability standards in marine navigation. Designed with the latest solid-state transceiver technology, the system features a compact housing and gearbox, eliminating the need for traditional magnetrons. This design ensures low maintenance and reduced lifecycle costs for vessel operators, without compromising on performance, according to an...

https://mfame.guru/wartsila-ancs-unveils-nacos-platinum-solid-state-x-band-radar/