For the first time in the 21st century, the global orderbook for container newbuilds sits at less than 10 percent of the total active fleet.
According to figures from Alphaliner, it only came to 9.4 percent in July.
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Norway calls on IMO to introduce global CO2 quotas for shipping
In a remarkable proposal, one of the world's largest shipping nations calls on the IMO to introduce CO2 quotas along with a demand to effectivize the fleet. The proposal will be discussed this week preceding the defining MEPC meeting in November.
Logistics group Shipco Transport appoints new management
Christian Møgelvang replaces Klaus Jepsen as group CEO of New Jersey-based Shipco Transport, owned by Scan Group and Arne Simonsen.
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Celsius places order for large LNG vessels
Investment company Celsius is expanding its LNG fleet with an order for four large vessels in South Korea. The vessels have already been reserved for charters.
Poseidon Principles set to raise ambitions in coming weeks
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The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.
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