It is still uncertain when Maersk's new vessels can sail on green fuels
The shipping major has commissioned 18 ocean-going methanol vessels, but exactly when these ships will be able to use the green fuel remains unclear.
Vincent Clerc: The West could provoke China to invade Taiwan
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CEO of German shipping company elected new Bimco president
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Ørsted breaks ground on large plant for production of e-methanol for ships
The utility has pledged to provide Maersk with green fuel for the carrier’s upcoming methanol vessels.For subscribers
23 defects, eight different names: What a dark fleet tanker looks like
The oil tanker ”Titan” has been detained in China. It failed its safety inspection by 23 counts and stands as clear example of a tanker in the so-called dark fleet that maintains Russia’s oil exports.Carriers must show greater consideration to ensure biofuels are green
Odjell will not use biofuels until these are actually green. NGO considers biofuels to be ”fraud developed in the name of the climate.”For subscribers
Three abducted Eagle Bulk seafarers have been released after 18 days
“We want to commend our three colleagues for the strength and fortitude they have shown during this ordeal,” says the bulk carrier’s CEO.For subscribers
Most commercial freighters are unfit for green retrofitting
More than 22,000 ships sail on engines from MAN Energy Solutions, but less than 10 percent of these are financially feasible for green retrofitting, MAN estimates.For subscribers
Panama Canal imposes shipping restrictions to cope with worsening drought
Rainfall has been less than 50 percent near the strait linking the Atlantic and Pacific oceans, effectively restricting ship draft and how much cargo they can carry.More than 15,000 vessels could be scrapped within 2032
During the next decade maritime organization Bimco projects the number of scrapped ships to double the past decade.For subscribers
Carriers stand before breakthrough in green conversion of ships
MAN Energy Solutions expects to retrofit engines to green-fuel compatibility for 150 vessels every year, and the final breakthrough order could come soon.For subscribers
UN convention for ship scrapping can finally come into force
Bangladesh looks to ratify the 2009 Hong Kong Convention for ship recycling, meaning the convention has finally garnered sufficient support for it to come into force.For subscribers
The US strengthens its position off Iran after disruption of carrier ships
In the past two years, Iran has detained and/or attacked 15 commercial freight ships.For subscribers
New climate rules certain to trigger scramble for biofuel
It remains uncertain whether there is enough fuel and at the right ports once the new EU requirements for shipping come into force, several observers say.
Major bank predicts massive price tag for shipping's green transformation
Shippers are facing a particularly large bill for the industry’s upcoming climate mitigation efforts, according to bank UBS.For subscribers
Sea Cargo Charter gets new chairman in climate-sensitive year
Through participation in the climate initiative Sea Cargo Charter, some of the world’s major shippers have received a new chair. He has indicated that the climate target will be intensified this year.For subscribers
EU president vows to crack down on circumvention of sanctions
The coming sanctions package from the EU will strike hard against shadow companies that purposefully bypass limitations to trade with Russia.For subscribers
Opinion: Collapsed rates are only a partial truth of the new normal
Carriers’ profitability seems to settle far above the levels found before to the pandemic, even though freight rates have collapsed, writes Lars Jensen.For subscribers
Hapag-Lloyd poaches Maersk for new director of green fuels
Illyas Muhammad was employed by Maersk in early 2022 but now joins the German competitor Hapag-Lloyd.For subscribers
Chinese acquisition at Port of Hamburg still hot topic in Germany's government
Government partner The Greens seeks a new review of shipowner Cosco’s stock purchase in Hamburg terminal. Chancellor Olaf Scholz disagrees.For subscribers
New ships to help Norwegian carrier with halving emissions prior to 2025
It’s important that all across the organization work together on North Sea Container Line’s net zero emissions target. The carrier aims to halve its carbon footprint in 2025 already.For subscribers
Aberdeen aims to become UK's first net zero port by 2040
Port of Aberdeen aims to slash emissions from both vessels visiting the port as well as its own operations. Investments of GBP 55m will pave the way for net zero target.For subscribers
Russian fuel exports grow in spite of sanctions
Refined petroleum products such as gasoline and diesel are sent to the Middle East in particular, writes broker in a new analysis.For subscribers
