DSV Panalpina launches ambitious 2025 targets for each division
DSV Panalpina lands an operating profit of USD 1.5 billion for 2020, which was largely characterized by the coronavirus. With the Panalpina acquisition fully integrated, the logistics company also announces a new financial target ahead of 2025, including within sea freight.
DFDS has agreed to start buying green ammonia from a large facility in Denmark from 2026 as fuel for the ferry and freight operator's ships. The first ships could be equipped with dual fuel engines, DFDS Chief Exec Torben Carlsen tells ShippingWatch.
MAN Energy Solutions has been working on a methanol engine for close to a decade. A ship from Maersk sailing on green methanol in 2023 will be the first of its kind, as the shipping companies prefer to replace diesel with gas, the company tells ShippingWatch.
Maersk proposes a new member for its board of directors, who has a background at energy company Iberdrola and IT major IBM. The general assembly at which the decision will be made is scheduled for March.
Pirates attack merchant vessels like never before in the Gulf of Guinea off West Africa. A record 136 kidnapping attempts were made in 2020, reveals Dryad Global's annual report. The security firm, among other things, criticizes the EU for being too slow.