Tag: vessel operations
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Hapag-Lloyd’s 2024 Milestones: Financial Success, Strategic Initiatives, and the Gemini Cooperation
Hapag-Lloyd’s 2024 Performance and Strategic Initiatives Hapag-Lloyd’s 2024 Financial Highlights Hapag-Lloyd’s 2024 financial highlights reflect a year of significant achievements and strategic success. The company reported a Group EBITDA of USD 5.0 billion (EUR 4.6 billion) and a Group EBIT of USD 4.8 billion (EUR 4.4 billion), marking a slight improvement over the previous year…
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Horizontal Falls Crash: A Wake-Up Call for Stricter Maritime Safety Regulations
The Horizontal Falls Incident: A Call for Enhanced Maritime Safety Incident Overview The Horizontal Falls incident on May 20, 2022, was a tragic event that underscored the critical importance of stringent maritime safety regulations. The high-speed boat, Falls Express, operated by Journey Beyond Adventures Pty Ltd, collided with a rock wall while navigating the treacherous…