LNG is a risk-fraught waste of time as a fuel for shipping, and it will only delay the transition to sustainable fuels, warned the the UK's High-Level Climate Action Champion at the presentation of an LNG report from the World Bank.

Container line OOCL doubles its revenue in the first three months of the year, as towering demand and capacity shortage made volumes soar on Asia-Europe in particular.

Large container vessels arrive late far too often, which creates challenges for both freight forwarders, shippers and carriers. "What irritates us all is that freight rates have gone through the roof, while service levels have deteriorated," says Dominique von Orelli, CEO of sea freight at DHL Global Forwarding.

DFDS's core markets in the UK and Turkey are doing better than expected, and the company now expects to raise more money from operations this year. Passenger traffic is still the largest uncertainty, and vaccines are crucial, says CEO to ShippingWatch.

A much-discussed report from the World Bank, which dismisses LNG as a fuel option to achieve the IMO's 2050 climate target, does not change French CMA CGM's plans to launch more LNG-fueled container vessels, the company says to ShippingWatch.