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June 23, 2021

Hapag-Lloyd orders six additional LNG-powered giants at DSME

International Shipping, Trending News
Germany’s Hapag-Lloyd has ordered six additional ultra large LNG-powered container vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering. DSME revealed the order worth nearly $1 billion on Monday but it only said it would build
June 23, 2021

Further shipping GHG emission reduction measures adopted

International Shipping, Trending News
International Maritime Organization (IMO) adopts key mandatory measures to reduce ships’ carbon intensity; establishes ship rating system. New mandatory measures to cut the carbon intensity of international shipping have been adopted by the International
June 21, 2021

China a crucial player in logistics industry’s decarbonization: Maersk

International Shipping, Trending News
SINGAPORE : China will play a crucial role in ensuring that the global logistics industry responds effectively to the climate change challenge, said Ditlev Blicher, managing director of Maersk Asia Pacific. “Decarbonizing transport chains
June 15, 2021

Records tumble for listed liners

International Shipping, Trending News
SINGAPORE : Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the 10 carriers recording EBIT of over $1bn in the three-month period, data
June 14, 2021

Shipping has a new association, the M7

International Shipping, Trending News
LONDON : Leaders of many of the world’s largest economies have descended upon Cornwall in southwest England this week for the annual G7 summit. Inspired by the gathering, shipping has created a brand new
June 12, 2021

Shipping industry agrees action on R&D investment and trade digitisation

International Shipping, Trending News
LONDON : As world leaders meet in Cornwall, England, for the G7, the first ever meeting of the equivalent maritime bodies, titled M7, took place on Wednesday this week, organised by the UK Chamber
June 12, 2021

Pandemic turns ‘Iron Silk Road’ into China-Europe trade artery

International Shipping, Trending News
A freight train bound for Duisburg, Germany, departs from Wuhan, China. More companies are looking to use the China Express Railway to ship goods from China to Europe TOKYO : What began as a 19th
June 4, 2021

Protestors claim to have blocked ZIM ship from docking in Oakland

International Shipping, Trending News
CALIFORNIA : Pro-Palestinian protestors, led by the San Francisco-based Arab Resource & Organizing Center (Aroc), have claimed victory in turning a ZIM ship away from the Port of Oakland in California. The organisation’s ‘Block
May 31, 2021

Container ships drive 119% jump in total new orders in first five months of 2021

Trending News, International Shipping
COPENHAGEN : Total orders of dry bulk, tanker and container ships in the first five months of the year have jumped 119.7% compared with the same period in 2020, primarily driven by record high
May 27, 2021

Container Prices Surge In Europe As Carriers Favour Loading Empties

International Shipping, Trending News
LONDON : For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, the world’s leading online platform for the
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