GTT secures 45 orders in 2025, 25% revenue growth third year running
GTT’s 2025 results show 45 new orders, 25% revenue growth, and 40% EBITDA increase for the third consecutive year, driven by LNG shipping demand.
Spanish LNG Carrier Teak Scrapped in India at $421/Ton After 20 Years
LNG carrier Teak scrapped in India on Feb 18 at $421/ton, totalling $12.5M. Highlights accelerated retirement of first-generation gas ships due to regulations and inefficiency.
US Supreme Court Overturns 25% Tariffs Under IEEPA, Easing Maritime Trade Uncertainty
US Supreme Court invalidates 25% tariffs imposed under IEEPA, reducing legal uncertainty for global maritime trade and potentially lowering costs for shippers and logistics operators.
US Navy Eyes Mixed Submarine Fleet for 80% Cost Savings and Littoral Boost
US Navy considers mixed submarine fleet with up to 80% cost savings as nuclear numbers fall to 46 by 2030, using AIP and lithium-ion batteries for enhanced coastal stealth.
Cochin Shipyard Wins CMA CGM Deal for LNG Dual-Fuel Ship Construction
Cochin Shipyard signs contract with CMA CGM for LNG dual-fuel vessels, boosting India’s eco-friendly shipbuilding from under 1% market share and supporting IMO decarbonisation goals.
Boluda Towage and MSC Launch €600M JV with 850 Tugs
Boluda and MSC’s joint venture, Boluda Towage, operates 850 tugs in 200 ports with a €600M investment for 2024, targeting €1.2B revenue.
Blended-Wing Aircraft: 30% Fuel Savings Challenge Maritime Urgent Cargo
Blended-wing aircraft could save 20-30% fuel, threatening urgent maritime shipments. Analysis of impacts on shipping efficiency and logistics strategies.
Maersk Q4 2025 Losses Hit $153M with 1,000 Job Cuts Amid Shipping Overcapacity
Maersk reports $153M Q4 2025 loss, cuts 1,000 jobs amid shipping overcapacity. Key factors include falling freight rates and geopolitical shifts.
Algoma Central to Report 2025 Financials on March 5, 2026: Bulk Shipping Analysis
Algoma Central Corporation will release its 2025 financial results on March 5, 2026, offering insights into the volatile bulk shipping sector amid regulatory and economic challenges.
Accelleron Gains Approval for MXP300 Turbocharger in Daihatsu Marine Generators
Accelleron achieves qualification for the MXP300 turbocharger in Daihatsu’s marine generators, enhancing fuel efficiency and compliance.