European key ports may be strained by CO2 quotas

A new study by the Technical University of Denmark (DTU) reveals that key ports on the outskirts of the EU may be negatively affected by even a low price on CO2, because container carriers can benefit from calling at a neighboring port outside the union.

EU leaders back push to ban most Russia oil over Putin’s war

The sanctions would reportedly forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but include a temporary exemption for pipeline crude. The sanctions have yet to be formally adopted by all 27 nations.

Singapore lowers prices for "green" ships

Oceangoing ships calling at port in Singapore are met with a smaller port fee if sailing on green fuels, according to MPA. The biggest discount is given to vessels powered by carbon-free fuels such as ammonia and hydrogen.

Total Shanghai closure bodes poorly for container traffic

Closing the Chinese city indefinitely markedly reduces semi truck capacity, Maersk notes. It’s a ”scant consolation” for the container industry that the Port of Shanghai remains open because the vicinity is strongly affected by the metropolis’ complete lockdown, deems analyst.

New CEO says APM Terminals "well underway" leaving Russia

Maersk’s investment in Russian container terminals via Global Ports connects to major companies, and divesting equity ”must be done properly,” says incoming APM Terminals CEO Keith Svendsen to ShippingWatch. The decision to sell the shares is final, he says.

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