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...
Maersk reports record earnings in Q3
A.P. Moller - Maersk has reported record earnings in the third quarter of 2021, with revenue up 68% to US$16.6 billion for the quarter. The company’s EBIT was up almost five times...
Australia ratifies the RCEP
AUSTRALIA has ratified the Regional Comprehensive Economic Partnership Agreement, which ensures that exporters can access the benefits of what will be the world’s largest...
Maersk makes moves into air freight
AP Moller - Maersk is to acquire Hamburg-based Senator International Freight Forwarding Group and add additional air-freight capacity. The German freight forwarder has a network...
Declaration backs tougher emissions reduction goal for shipping
DENMARK, the United States and 12 other nations have put forward a declaration to reduce emissions in the global maritime sector to zero by 2050. The International Maritime...
MOL announces joint study using Rotor Sails
MITSUI OSK Lines has announced an agreement with iron ore mining company Vale International SA to conduct a joint study on installation of a wind propulsion system known as Rotor...
New LNG bunker vessel named
THE first LNG bunker vessel to be based in France was officially named Gas Vitality at a ceremony held recently at Hudong-Zhonghua Shipbuilding in China. The 18,600 cubic-metre...
Industry groups collaborate on low and zero carbon fuels
THE International Association of Ports and Harbors (IAPH) and The Society for Gas as a Marine Fuel have signed an agreement to share expertise on the safe, effective, sustainable...
Seafarers call for shipping to set ambitious climate targets
THE shipping industry needs to set ambitious targets to help prevent global climate catastrophe, according to a new position paper released by the International Transport Workers’...
Upcoming seminar on seafarer safety and welfare
THE Women's International Shipping & Trading Association (WISTA) Australia will host an online seminar on 10 November at 1300 AEST as part of its series showcasing the diversity...
MOL, Methanex finalise shipping partnership
METHANEX and Mitsui O.S.K. Lines have signed an agreement for the two companies to establish a partnership involving Methanex subsidiary Waterfront Shipping. MOL is to take a 40%...
