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November 20, 2021

Maersk issues first green bond to fund first green methanol vessels

International Shipping, Trending News
COPENHAGEN : Maersk (Maersk) has launched its Green Finance Framework designed to allow the company to issue a variety of sustainable financing instruments which may include bonds, loans, project finance and other instruments. This
November 20, 2021

CMA CGM’s earnings soar on shipping rush

International Shipping, Trending News
MARSEILLE : CMA CGM on Friday reported a surge in third-quarter earnings and said it expected an even stronger performance for the end of the year as intense demand kept freight rates high and
November 20, 2021

The U.S. Supply-Chain crisis is already easing

Trending News, International Shipping
Progress is still slow and too many boats are waiting at the ports, but many problems have at least stopped getting worse. CHARLESTON : The supply-chain crunch appears to have already peaked in the
November 20, 2021

Ocean Network Express launches inaugural #ONEPinkRibbon campaign to raise Breast Cancer awareness globally

International Shipping, Trending News
SINGAPORE : Ocean Network Express (ONE) launches a year-long ONEPinkRibbon campaign to raise awareness of breast cancer globally. ONE will transform 100 of its iconic magenta shipping containers to feature the pink ribbon– an
November 19, 2021

PIL boosts Asia coverage with new China Straits Service (CSS)

International Shipping, Trending News
TAIWAN : In anticipation of growing trade flows within Asia, Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting key ports in China, Singapore and West Malaysia. The new
November 19, 2021

EverGiven returns to service after repairing

International Shipping, Trending News
The Ever Given, the VLCC that became known around the world after her grounding in the Suez Canal in March 2021, quietly returned to service over the weekend. After weeks of repairs, she loaded her
November 19, 2021

US EPA fines MSC container ship over Vessel General Permit violations

International Shipping, Trending News
The US Environmental Protection Agency (EPA) has assessed penalties totaling US$81,474 against two commercial ships over inspection, monitoring, and reporting violations in California and Louisiana. One of the two vessels was the 13,050TEU boxship
November 19, 2021

NYK assists Miniboat Program organized by Columbia River Maritime Museum

International Shipping, Trending News
TOKYO : NYK has been of assistance to the Miniboat Program* organized by the Columbia River Maritime Museum in the U.S. state of Oregon as part of the NYK Mirai Project.** The Miniboat Program
November 18, 2021

OOCL launches new China Straits Service 3

International Shipping, Trending News
COSCO-owned Orient Overseas Container Line (OOCL) will be strengthening its China to South-East Asia service network by introducing the new China Straits Service 3 (CSS3). The new product is expected to start on 18
November 18, 2021

Regional Container Lines achieves record profits despite higher operating costs

International Shipping, Trending News
Regional Container Lines (RCL) has reported another significant profit for the group in the third quarter at US$114 million, which represents a 17% profit growth for the quarter. Compared to 3Q 2020, the rate of
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