Just a year after announcing the Sea Cargo Charter, co-founder Ørsted has decided to back out of the initiative. "Not the right forum for us," the company explains but denies that too low climate ambitions are to blame. Chair of the charter has expressed openness to raising the level of ambition.

CONTAINER FEVER: There are no signs that the container market will slow down in 2022, which is expected to offer more of the same for money-spinning container lines and ailing shippers. But what should you keep an eye out for in the coming year? ShippingWatch provides an overview.

A merger between Torm, Norden and Hafnia could create a new global powerhouse, says CEO of a major competitor of the Danish shipping companies. Hafnia's chief exec is open to the thought experiment but also sees disadvantages to such a large merger.

CEO of Torvald Klaveness and Vice Chair of ICS Lasse Kristoffersen will be the new CEO for car carrier Wallenius Wilhelmsen. Updated.

The ambitions were too low and the results too few, were among the criticisms of this week's meeting in the IMO's environmental committee. "We need progress now," says Maersk CEO Søren Skou.