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CMA CGM launches first bio-fueled service

French container line CMA CGM plans to launch a service running purely on biomethane in May. The service needs 12,000 tonnes of biomethane, which should be enough to operate two 1,400 teu vessels for one year, writes the group.

Maersk opens for short-term bookings again after Suez blockage

The container market continues to be affected by the week-long traffic jam in the Suez Canal, which has further exacerbated container ship delays and pressure on ports. But the situation is now improved, and Maersk thus opens for short-term and Spot bookings again.

Stena Bulk aims for climate neutrality by 2050

Swedish tanker shipping company Stena Bulk sets out five targets aimed at making the company climate neutral by 2050. Next year, Stena Bulk will launch its first vessel capable of running on methanol.

Soft product tanker market pressures rates at Stolt Tankers

The start to 2021 proved challenging for Stolt-Nielsen's chemical tanker carrier, Stolt Tankers. According to chief executive, rates and earnings were strained due to product tanker carriers bidding on chemical tanker cargoes. Most recently, the Suez Canal blockage has caused delays.

Lightship Chartering enters offshore with new business leg

Lightship Chartering steps into a brand new segment from its office in Dubai, the shipbroker's CEO Sune Fladberg tells ShippingWatch. And the company is also looking to return to tanker after several of the company's tanker brokers departed last year.

Seaspan Corporation projects strong market ahead of 2024

The many orders placed recently by the world's biggest shipowner, Seaspan, are an expression of a colossal confidence in the current market, COO Torsten Holst Pedersen explains in an interview with ShippingWatch. He rejects the criticism of LNG, put forward by, among others, Maersk.

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