CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion, essentially flat year-over-year, while EBITDA fell 31.6% to $2.11 billion and net income dropped sharply to $250 million, down from $1.
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President Xi Jinping attended the commissioning and flag-presenting ceremony of the Fujian in Hainan province on Wednesday
St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30, Algoma posted revenue of C$228 million, up from C$205 million a year earlier, and EBITDA of C$89.7 million, a 19% increase year-over-year.
Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry said on Friday.
The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President Donald Trump seeks to address China's growing dominance on the high seas."While some observers believe the October 14 deadline may be extended - or even scrapped - as part of broader negotiations
Opsealog has published a whitepaper identifying what it calls a ‘missing loop’ between data collection and operational decision-making in offshore fleets, drawing on 10 years of work across more than 1,000 offshore support vessels.The study, The Conversion Gap: What Offshore Fleets Lose Between Data and Decision
Marine water and waste specialist Hamworthy has unveiled its new Ultra Trident MBR, a membrane bioreactor that brings wastewater treatment to a wider range of vessels.Hamworthy's first major new system development since becoming independent in June 2026, Ultra Trident represents the latest generation of its MBR technology.
China's newest and most advanced aircraft carrier, the Fujian, sailed through the Taiwan Strait on Tuesday, the Taiwanese defence ministry said, the first such mission in the sensitive waterway since April.Taiwan, which Beijing views as its territory, reports almost daily Chinese military activity around the island in what Taipei views as an ongoing pressure campaign against the democratically
A suspected oil spill covering dozens of square kilometres of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill - appearing on images as a grey and white slick - covered waters to the west of the 8-kilometre (5-mile) long island, pictures from Copernicus’s Sentinel-1, Sentinel-2 and Sentinel-3 satellites showed on May 6-8.
Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu), unchanged from the previous week, industry sources said.
Seakeeper, Inc., a leader in marine motion control, is offering Seakeeper and Seakeeper Ride sizing and software specific to attending to the hull styles of catamarans. While catamarans offer some advantages, these boats are still susceptible to wave action and their unique hull designs can present several trade-offs such as flatter turns, increased yaw or bow steering