Novo Nordisk has also chosen Maersk´s Eco service to reduce the carbon footprint in transportation. The initiative uses sustainable biofuel to power selected Maersk vessels.
Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday.
Noble Group Holdings has exited shipowning with the sale of its last capesize. The commodities company, which has been through an enormous restructuring in recent years, has sold the Aqua Vision for $16.63m.
Greek dry bulk owner has entered into a time charter contract with Japan’s NYK for 2015-built capesize bulker New Orleans.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of Cape Ace, a 100,000 dwt bulker newbuilding.
China is set to allow a shipment of Australian coal into the country, according to a person familiar with the matter, despite a ban on such imports remaining in place as tensions between Beijing and Canberra escalate.
Canada’s Waterfront Shipping Company, a subsidiary of methanol producer and supplier Methanex Corporation, is adding eight new methanol dual-fuel tankers to its fleet.
Liners are having to seek out multipurpose (MPP) ships to cope with extraordinary demand and sky high rates across container shipping tradelanes.
Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French company’s third-quarter profits.
A.P. Moller – Maersk supplied further evidence of the rebound the shipping lines are experiencing reporting a faster than expected recovery in the third quarter results and raising its expectations for its full-year results.
Rodolphe Saadé, chairman of CMA CGM, the world’s fourth largest containerline, has discussed the pressure liners are coming under from Beijing amid the red-hot freight rate environment that is causing supply chains to quiver.
Maersk, the world’s largest containerline for the past quarter century, could soon lose its top spot on the global liner rankings list to its alliance partner, MSC.
Taiwanese containerline Yang Ming Marine Transport has appointed Shu-Chin Du as the new general manager of the company.
Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part of efforts to reduce pollution in ocean shipping.
CMA CGM Group completed its first LNG bunkering operation in Rotterdam as the shipping giant prepared to introduce its fleet of LNG-powered container ships. By 2022, the CMA CGM Group will have 26 LNG-powered vessels with total capacity of 380,000 TEUs.
A Dutch diesel-electric freighter will soon be fitted with a set of wing sails to help propel her regular voyages between Germany and the UK.
The Australian Maritime Safety Authority (AMSA) has ordered Tianjin Shun Xin Yuan Shipping to repatriate nine crewmembers who have been onboard general cargo ship Brio Faith for more than 12 months.
The ‘A’ to ‘E’ operational efficiency rating of every ship above 5,000 gt will be made fully public and updated on an annual basis, according to the International Chamber of Shipping (ICS).
Chinese owner Rewood Ocean Shipping (Rosco) has once again listed its entire fleet for sale. According to shipbroking reports, Rosco is now inviting offers for its fleet of 11 bulk carriers comprising of seven panamaxes, three kamsarmaxes and one capesize.