By GMM News | 2025-06-14 | International Shipping News | Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took […]
By GMM News | 2025-06-01 | International Shipping News | India has unveiled an ambitious plan to invest ₹85,000 crore (approximately $10 billion) to build a fleet of 112 crude oil tankers by 2040. In the first […]
By GMM News | 2025-05-17 | International Shipping News | The UK Government has rolled out its largest-ever sanctions package to date by targeting the shadow fleet of oil tankers used by Moscow to dodge international restrictions […]
By GMM News | 2025-05-15 | International Shipping News | Carnival Corporation’s Costa Cruises announced that its oldest cruise ship will soon be getting new owners next year. This development comes amidst the cruise line’s downsizing efforts, […]
By GMM News | 2025-05-12 | International Shipping News | Mitsui O.S.K. Lines, Ltd. (MOL President & CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) announced the official launch of “OceanCare”, a comprehensive wellbeing support program developed for […]
By GMM News | 2025-05-11 | Global Partner News | Shipping giant Vietnam Maritime Corporation (VIMC) held a ceremony on May 10 in Hanoi to celebrate its 30th anniversary, and received the second-class Labour Medal. The event was […]
By GMM News | 2025-05-09 | International Shipping News | U.S. energy groups are asking President Donald Trump’s administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing […]
Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, reported significant year-over-year growth in its first quarter 2025 results, with net income doubling to $72.3 million compared to $36.1 million in the […]
