Container Line News Today

The firm consumed a total of 3.454 million mt of bunker fuel in the year to March 31, up from 2.987 million mt in the previous financial year.

The shipping firm has signed a memorandum of understanding with Shanghai International Port Group setting out plans to cooperate on the supply of methanol and LNG in Shanghai.

International Business News: AP Moller-Maersk, the world’s second-largest container line, said it’s preparing to resume shipping through the Red Sea, thanks to a new multi-nationa

The chaos impacting shipping through the Red Sea is threatening to continue for months, according to the world's second-largest container line AP Moll

The company will either reroute vessels around the Cape of Good Hope or pause their voyages and reposition them in a safe location, with immediate effect.

Troy Container Line is transitioning Liam Powers from operations to account executive to support growth in imports and exports.

The firm is aiming to raise its biofuel blend purchases to 5-10% of its total bunker consumption.

The company is also discussing with the shipyard the possibility of adding carbon capture and storage systems to the ships on delivery.

The firm has retrofitted two of its 20,000 TEU container ships with the fuel-efficiency upgrade.

The transition to low freight rates has been hard on the small upstart container carriers that launched during the boom times of the late-pandemic era...