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January 28, 2022
ZIM has decided to end the cooperation with the 2M alliance members Maersk and MSC on key transpacific trades.
January 4, 2022
Three LNG carriers in a row were spotted in the Nijlhaven on the morning of 3 January 2022, which is unique for the Port of Rotterdam.
December 9, 2021
US House of Representatives passed the Ocean Shipping Reform Act that will address the ongoing supply chain crisis.
November 3, 2021
Inclusion of shipping in the EU ETS will encourage shippingโs journey towards decarbonisation but onl intra-EU ETS, WSC said.
October 28, 2021
Wilson ASA has decided to acquire six dry cargo vessels from Rhenus Maritime Services in an effort to strengthen its European presence.
October 13, 2021
A rapid replacement of fossil with fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 shipping emissions.
May 24, 2021
PowerCell rolls out industrialized fuel cell module for marine segment May 24, 2021, by Naida Hakirevic Fuel cell developer PowerCell Sweden has presented an industrialized high-power fuel cell module especially developed for the electrification of marine applications. As explained, the module is built on several fuel cell systems that have been integrated into a single unit. Each module has a power of 200 kW but can easily be connected in parallel ...
May 6, 2021
Danish Shipping: Fleet-based CO2 compliance is a shorter way for green transition May 6, 2021, by Naida Hakirevic The path to lower CO2 emissions from ships could be shorter by choosing a fleet-based approach to efficiency requirements, a new analysis prepared for Danish Shipping by CE Delft shows. If new low- and zero-emission ships are to enter into operation and more expensive climate-neutral fuels are to gain acceptance by the end of this decade...
May 5, 2021
Maersk reports record profit amid high freight rates May 5, 2021, by Naida Hakirevic Danish shipping and logistics giant A.P. Moller โ Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter. Overall in Q1, EBITDA increased to $4 billion from $1.5 billion year on year and EBIT to $3.1 billion from $552 million compared to same quarter last year, while revenue improved by 30 percent to $12.4 billion. The...
April 14, 2021
US: MSC Gayane crewman gets 5+ years in prison for smuggling cocaine April 14, 2021, by Naida Hakirevic A crew member of containership MSC Gayane was sentenced to more than five years in prison for attempting to smuggle cocaine worth over $1 billion into the United States two years ago. Vladimir Penda, 27, of Montenegro, was sentenced to five years and ten months in prison, and two years of supervised release by United States District Court Judge Ha...