European Shippers Council has appointed a new president to replace Denis Choumert, who has held the position for the past decade.

South Korean HMM and European carriers Hapag-Lloyd and Maersk are ready to take on the challenge from Amazon and Ikea, among others, to transition their fleets to clean energy by 2040. However, it remains difficult to settle on a specific fuel, notes HMM.

Coca-Cola made a splash when one of the company's execs recently informed that it had chartered three dry bulk vessels as a result of the strained supply chains. It's a frequently used method, the company tells ShippingWatch. Nike expects shortages of products in coming quarters.

Logistics major Kuehne+Nagel is reaping the rewards of a strong global demand for transport, which has resulted in soaring earnings. The constrained market situation is expected to continue in coming months.

Norwegian insurer Skuld is seeing an uptake in cases involving bunker fuel that buyers say failed to live up to the quality that was ordered. Skuld recommends that shipowners and charterers test the fuel they have ordered from bunker suppliers.