Nikolaus H. Schües elected BIMCO President
LONDON : BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as President at the organisation’s general meeting in Hong Kong on
ExxonMobil signs marine biofuel agreement with Hapag-Lloyd
TEXAS : ExxonMobil signed an agreement with Hapag-Lloyd in order to supply the German ocean carrier with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. The marine
Charter Parties Holding Back Industry Decarbonization Efforts : White Paper Launched by Nautilus Lab
NEW YORK : Nautilus Labs, the technology partner pioneering the decarbonization of the ocean supply chain, and BIMCO, the world’s largest international shipping association, released a white paper
ZIM reports 769,000 TEUs in the first quarter of 2023
HAIFA : ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in
Global production of shipping containers piles up at major ports because of lack of demand for goods
LONDON : Global production of shipping containers has fallen significantly as demand for goods sank following the easing of pandemic restrictions, leaving the corrugated steel boxes piled up
World Shipping Council report: Reduction in containers lost at sea in 2022
WASHINGTON D.C. : In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1%
Bureau Veritas Solutions Marine & Offshore and ENGIE announce low-carbon advisory and risk manag
(NEUILLY-SUR-SEINE)FRANCE : Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assurance solutions organization, and ENGIE, a global industry leader in low-carbon energy supply and
Baltic index hits over two-month trough on lower rates across vessels
LONDON : The Baltic Exchange’s main sea freight index slumped to its lowest level in over two-months on Tuesday as rates across all vessel segments declined. The overall
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel,
Hapag-Lloyd announces addition of Hazira Port to the rotation of MIAX Service
HAMBURG : Hapag-Lloyd has announced the addition of the Indian port of Hazira to the rotation of the Middle East India Africa Express (MIAX) Service. The German ocean