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.

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.

The use of paper documents by fuel suppliers outside the EU could threaten the enforcement of rules for the transition of shipping to green fuels, warns European shipowners' organization ECSA.

With the sale of six smaller vessels and a new credit agreement in place, MPC Container Ships strengthens its balance sheet.