Congestion is not just for Christmas: GSF
THE wave of congestion that is sweeping through global supply chains delaying deliveries of seasonal goods and essential commodities, is not set to subside anytime soon. The...
Hapag-Lloyd reports “extraordinary” financial results
GERMAN shipping line Hapag-Lloyd reported huge profits for the first nine months of this year. For the period from 1 January to 30 September, the company made a profit of US$6.7...
SEA-LNG supports global methane pledge
SEA-LNG, a coalition of businesses across the maritime LNG value chain, has voiced its support for the Global Methane Pledge. SEA-LNG welcomes the increased backing for the pledge...
IMO Council sets International Day for Women in Maritime
THE IMO Council, which met from 8-12 November, decided to establish an International Day for Women in Maritime, to be observed on 18 May every year. Once adopted by the IMO...
Maersk inks deal with wind power specialist Vestas
VESTAS and Maersk have formed what the two Danish companies call a “long-term strategic partnership for all containerised transport”. The partnership includes door-to-door...
More agreements at COP26 focused on shipping
THE International Chamber of Shipping and International Maritime Organization have met with the Green Climate Fund to discuss the provision of up to $1.5 million to accelerate a...
Australia signs declaration to boost green shipping
AUSTRALIA has joined 21 other countries in signing the Clydebank Declaration tabled at the United Nations COP26 meeting in Glasgow. The declaration commits to the establishment of...
CMA CGM and Engie partner to advance energy transition
SHIPPPING line CMA CGM Group and renewable energy solutions company Engie, have committed to working together to advance the energy transition by championing the industrial-scale...
$3m study into green hydrogen hub at Newcastle
AS announced recently by Prime Minister Scott Morrison, the Port of Newcastle is partnering with Macquarie Group’s Green Investment Group and the Commonwealth government’s...
Saving lives and transforming communities
VESSEL charterers, brokers and agents along with owners, operators and others will participate in the annual Cargo Day which, since 2016 has raised almost S$5.4 million (Singapore...
Shipping forum highlights different paths to net zero emissions
THE Shaping the Future of Shipping event held on 6 November in Glasgow attracted global heavyweights and decision makers in shipping. Reports from the event have highlighted...
Maersk joins US-led First Movers Coalition
THE First Movers Coalition aims to create a market for new decarbonisation technologies and spur growth by leveraging collective demand and committing now to buying zero-emission...
WSC supports inclusion of shipping in intra-EU trading scheme
THE World Shipping Council says inclusion of shipping in the European Union’s Emissions Trading Scheme will encourage shipping’s journey towards decarbonisation, but EU action...
Big investment needed to reach zero-carbon emissions
A MASSIVE scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says a report by International Chamber of Shipping and global...
CMA CGM to buy a terminal at a US port
THE CMA CGM Group has signed an agreement to acquire a 90% stake in the Fenix Marine Services terminal in Los Angeles, currently held by EQT Infrastructure III, based on an...
