South Korea's Fair Trade Commission (FTC) hands out fines to 23 carriers, including HMM and a Maersk company, for illegal collaboration on price fixing up until 2018. Maersk confirms the matter to ShippingWatch. Updated.

It has long been discussed, and the chief executive of a competitor points to Maersk Tankers as a driver in the tanker sector's consolidation race. However, Maersk Tankers CEO Christian M. Ingerslev does not see much sense in combining balance sheets, he tells ShippingWatch.

Co-founders such as Ørsted have dropped out, and the ambition to get 30 companies on board in 2021 did not succeed for climate initiative Sea Cargo Charter, which counts Norden, Cargill and Klaveness among its members. According to the partners behind, the first year has still been a success.

It makes sense that carriers with fixed routes are the first to launch green, carbon-free ships. Carriers such as Torm will be hit by a lack of green energy, says Torm's chief executive to ShippingWatch.

Green fuels need help from a CO₂ levy on fossil fuels to become competitive in shipping, states a new report indicating the political paths to the green energy transition.