By GMM News | 2024-12-24 | International Shipping News | South Korea’s Hanwha Group has officially completed its $100 million acquisition of Philly Shipyard, a leading U.S. shipbuilder. The shipyard, now renamed Hanwha Philly Shipyard, will continue […]
By GMM News | 2024-12-23 | International Shipping News | The Norwegian government, through its Enova SF initiative, has awarded approximately $108 million in funding to 14 projects focused on the development of ammonia, hydrogen and electric […]
By GMM News | 2024-12-19 | International Shipping News | Global trade in both goods and services is poised to achieve an unprecedented $33 trillion in 2024, marking a substantial $1 trillion increase and 3.3% annual growth […]
By GMM News | 2024-12-19 | International Shipping News | Mitsui O.S.K Lines (MOL), a global leader in LNG transplantation was awarded the prestigious World LNG Shipping Award 2024 at the World LNG Summit held in Berlin […]
By GMM News | 2024-12-17 | International Shipping News | American Roll-On Roll-Off Carrier Group Inc. (ARC) has integrated the recently reflagged M/V ARC Endeavor into the Maritime Security Program (MSP) fleet as of December 1, replacing the M/V Endurance. […]
By GMM News | 2024-12-17 | International Shipping News | Shell has settled its lawsuit against Greenpeace after a year-long legal battle. The lawsuit was filed following a peaceful protest by Greenpeace activists who boarded a Shell-contracted […]
By GMM News | 2024-12-12 | International Shipping News | Frontline PLC posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues of $490.3 million. The […]
By GMM News | 2024-12-12 | International Shipping News | The US Federal Maritime Commission (FMC) has issued a request for more information from ONE, HMM and Yang Ming on their proposed Premier Alliance. The request has […]
