BONN : The International Maritime Organization (IMO) has outlined its latest progress and plans to decarbonize global shipping by or around 2050, in a submission to the Bonn Climate Conference. The submission was made
HAMBURG : Hapag-Lloyd Chief Executive Officer Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the upswing may be short-lived. The
TAIWAN : TS Lines has made a third attempt at an initial public offering on the Hong Kong Stock Exchange. Earlier attempts in 2022 and 2023 stalled as the container shipping market corrected after
HELSINKI : ABB has introduced a new feature to its Routing Services portfolio that will allow vessel owners to manage fuel costs on a through-voyage basis by optimizing vessel optimal route and speed at
ABU DHABI : ADNOC Logistics and Services Plc, a global energy maritime logistics company, on Monday announced an agreement to acquire Navig8 TopCo Holdings Inc. an international shipping pool operator and commercial management company
FLORIDA : A new direct container service that connects Jacksonville to ports in India and Pakistan will begin calling on JaxPort this month, the Port Authority announced June 4. Ocean Network Express (ONE) will
LONDON : The World Shipping Council welcomes new regulations from the International Maritime Organization (IMO) on reporting containers lost at sea. Under recently adopted amendments to the International Convention for the Safety of Life
COPENHAGEN : On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Moller – Maersk now also sees signs of further port
SHANGHAI : COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel. The company said this is in line with its plan
THAILAND : Regional Container Lines Public Company Limited (RCL), a leading Thai global shipping company, proudly announced the launch of its newest vessel at a distinguished vessel-naming ceremony ”GURU BHUM” in Shanghai during the