Maersk will set a limit to ships' engine power Maersk is already now backing the proposal that was submitted to the IMO on Friday to limit engine power on ships in an effort to reduce CO2 emissions, the liner company tells ShippingWatch. Photo: PR / Maersk BY TOMAS KRISTIANSEN Published: 02.10.19 at 09:28 The world's largest container shipping company, Maersk, supports the idea of introducing a limit for how much engine power each ship can use to propel itself through the water. Already a subscriber? Log in. Read the whole article Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial. Access all locked articles Receive our daily newsletters Access our app First name: Last name: E-mail address: Password: I accept the terms and conditions An error has occured. Please try again later. Create trial Get full access for you and your coworkers. Start a free company trial today More from ShippingWatch CMA CGM expects sharp decline in freight rates The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter. Lauritzen Bulkers criticizes new climate clause for favoring shipowners CII: Lauritzen Bulkers opposes a new legal clause placing responsibility for the upcoming CII regulation with operators. CEO doubts the clause will be put to much use, though. Shipping analyst: Container market is experiencing a "hard landing" The pace of declines in rates on the container market’s Asia-Northern Europe routes has increased, the WCI index shows. Shipping analyst Lars Jensen describes this as a ”hard landing” for the market. Media: South Korea engaged in conversations about selling parts of HMM South Korea is talking to several potential buyers of a stake in the state’s ownership of major container liner HMM, according to a media outlet, which also names said buyers. Nigeria wants to prosecute Danish soldiers in pirate case Nigeria’s foreign ministry demands the possibility of prosecuting the Danish soldiers involved in the exchange of fire with alleged pirates in the Gulf of Guinea in November last year. Print Print Increase text size Increase text size Decrease text size Decrease text size Further reading Media: South Korea engaged in conversations about selling parts of HMM Shipping analyst: Container market is experiencing a "hard landing" Green-fueled vessels to transport a quarter of Maersk's sea freight in 2030 Analyst firms predict tough times ahead for logistics CMA CGM expects sharp decline in freight rates Related articles IMO to discuss limits on engine power "It's regrettable that many think a speed limit is a perfect cure"