Maersk has a strong first quarter, but what’s ahead?
For the first quarter of 2025 A.P. Moller – Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.
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Wallenius Wilhelmsen signs $140M multi-year contract
Wallenius Wilhelmsen reports that it has entered into a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers. The contract is estimated to have a value of
Fairlead launches CVC arm to accelerate U.S. maritime renaissance
With the reintroduction of the SHIPS for America Act and a Trump executive order calling for restoration of America’s maritime dominance, the mood in American maritime is more optimistic than it has
Kotug Canada’s new methanol-fueled duo will feature Schottel hybrid drives
The two dual-fuel methanol escort tugs on order for Kotug Canada at Sanmar Shipyards in Turkey will be fitted with Schottel rudderpropellers featuring the Sydrive-M mechanical hybrid solution. Based on the Robert
MSC Cruises names Erin Douglas senior VP trade sales
MSC Cruises reports that Erin Douglas will serve as its senior vice president of trade sales in the U.S. starting May 12. Douglas joined MSC Cruises in 2022 and previously served as
![Construction at Lock and Dam 25 will result in a new 1,200- foot by 110-foot lock chamber being built adjacent to the existing 600-foot chamber. [USACE photograph]](https://www.marinelog.com/wp-content/uploads/2025/05/Mississippi_River_Lock_and_Dam_number_25_large-300x225.jpg)
Corps preps for construction of new lock chamber at L&D 25
The St. Louis Engineer District’s Rivers Project Office will close the Winfield (Mo.) Recreation Area to allow for contractor equipment and material staging associated with two active construction projects at Lock and
Game changer? Wärtsilä makes onboard CCS commercially available
In a much-anticipated move, Wärtsilä is now making its onboard carbon capture solution (CCS) commercially available to the world maritime industry — and It says that, according its tests, the solution is
Washington State Ferries selects Helm CONNECT crew dispatch system
VIctoria, B.C.-headquartered Helm Operations reports that it has been awarded a major contract by Washington State Ferries (WSF) to replace its legacy crew dispatching system with Helm CONNECT – a modern, web-based
Orca AI closes $72.5M Series B funding round
London-headquartered Orca AI has closed an investment of $72.5 million in Series B funding. Brighton Park Capital led the round with participation from existing investors Ankona Capital and Hyperlink Ventures. The investment
KPI Ocean Connect names Dorthe Bendtsen CEO
London-headquartered KPI Ocean Connect, one of the world’s largest bunker trading companies, has named Dorthe Bendtsen as its CEO, after she assumed the role on an interim basis in December 2024. With