Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8% to USD 13.3 billion and EBIT surging to USD 1.3 billion from USD 177 million in the previous year. CEO Vincent Clerc attributed the strong performance to “momentum in operational efficiency and a global economy in… Read More
The advanced legislation reforms the Gulf of Mexico* Energy Security Act by increasing the revenue sharing cap by $150 million yearly for the next decade. BATON ROUGE, La. – The Louisiana Coastal Protection and Restoration Authority (CPRA) Chairman Gordon Dove applauds Majority Leader Steve Scalise (R-La.) and the House Committee on Natural Resources for the passage… Read More
The Western Dredging Association (WEDA) today announced the “Texas A&M Opening Plenary – CEO Panel” will take place Tuesday, June 24, 2025 as part of the first-day of programming of the 24th World Dredging Congress & Exposition (WODCON XXIV). The panel will feature distinguished leaders from four of the dredging industry’s most leading-edge companies, and will be presented by WEDA… Read More
Damen Shipyards Group and Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, have agreed on the delivery of a second, fully electric Damen RSD-E Tug 2513. The agreement was signed by Captain Ammar Mubarak Al Shaiba, CEO of AD Ports Group’s Maritime & Shipping Cluster and Damen Shipyards Group CEO, Arnout Damen. The… Read More
On Tuesday, 6th of May 2025, HD Hyundai and A.P. Moller – Maersk (Maersk) announced the signing of a Memorandum of Understanding (MOU) to establish a collaboration on decarbonisation solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its affiliates. The signing ceremony, held at the HD… Read More
