Swedish Bank SEB Sets 2030 Net Zero Target for Shipping Sector
Gobal banks, aiming for shipping transition to net zero greenhouse gas emissions by 2050, according to sources.
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shipping news
Iran seizes MSC-operated 15,000 teu vessel
Iran's Revolutionary Guard Corps (IRGC) recently seized a containership, the MSC ARIES, operated by the…
Top 10 Global Shipping Container Ports 2023
According to Alphaliner, Dubai's Jebel Ali port surpassed Rotterdam and Hong Kong underscoring the economic…
Taiwan shipping companies report revenue growth
Taiwan's top shipping companies, Evergreen Marine and Yang Ming, have experienced significant revenue growth in the…
MSC Faces Potential $63M Fine for Shipping Act Violations
MSC is under scrutiny by the Federal Maritime Commission (FMC) for alleged breaches of the US Shipping Act,…
Pioneering Methanol-Enabled Mainliner Completes Inaugural Journey
The ANE Maersk, Pioneering Methanol-Enabled Mainliner Completes Inaugural Journey.
ONE to 3Mteu capacity fleet by 2030
Set to invest USD 25 billion by 2030 to expand its fleet capacity to 3Mteu by debt/equity ratio of around 6:4,…
Container Carrier Stocks Decline as Red Sea Crisis Influence Wanes
Container carrier stock prices decline as freight rates but are yet to reach pre-conflict levels, according to…
Idle Container Ship Fleet Stabilizes in March Amidst Global Shipping Trends
Despite the decreasing trend due to the war in the Red Sea, the idle container ship fleet stabilizes in March 2024.
ZIM Faces Losses in 2023, Eyes Profit in 2024
Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…