Can the International Shipping Industry be Net Zero Emissions by 2050
Wood Mackenzie published a report the International Shipping Industry becoming Net Zero Emissions by 2050.
APMT’s Suape Terminal to Launch in 2026
According to APMT, the new container pier at the Suape port in Brazil, is now expected to become operational in…
Maersk secures the first Methanol fuel Conversion
The company has recently awarded a contract for the conversion of a six-year-old mainline vessel to run on methanol…
FMC receives triple Complaints and Imposess Millions in Penalties
The Federal Maritime Commission (FMC) has witnessed a significant surge in complaints, resulting in a threefold…
BRAZIL: New Joint Venture “Norcoast” by Hapag-Lloyd and Norsul
the German shipping giant Hapag-Lloyd and Brazilian waterway logistics firm Norsul have joined forces in a…
Ocean Alliance to Become World’s Largest Mega-Alliance as 2M Partnership…
Discontinuation of the 2M partnership pushes the Ocean Alliance to become the world´s largest mega alliance,…
10 Billion dollar container shipping carriers fall from seven to three
The number of publicly traded container carriers with market capitalizations exceeding USD 10 billion has dwindled…
Wan Hai Secures Export Credit Finance for Japanese Newbuildings
Wan Hai Lines is set to receive financial support from the Japan Bank for International Cooperation (JBIC), for…
Italian Media Reports MSC Profit at USD 38 Billion in 2022
Mediterranean Shipping Company (MSC) achieved an astounding annual net profit of EUR 36.3 billion (USD 38.2…
Amazon Drought Forces Carriers to Divert Ships from Manaus
El Niño climate phenomenon prolongs the worst drought in the Amazon river, forcing carriers to divert ships from…