Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability…
Chee Hong Tat, Singapore’s Acting Minister for Transport, announced a record year in 2023 at a Singapore Maritime Foundation New Year Conversations event.The annual vessel arrival tonnage in the Port of Singapore crossed three billion gross tonnage (GT) for the first time…
Emirates Shipping Association (ESA) and International Chamber of Shipping (ICS) and under the patronage of Ministry of Energy and Infrastructure, hosted the summit – Shaping the Future of Shipping - Towards a Net Zero World.The events took place…
Istanbul-based tanker operator Palmali has become the top shipper for Ukraine's Black Sea-borne sunflower oil exports, one of the country's key export products, and plans to expand further, its chairman Mubariz Mansimov said.Azeri-born Mansimov…
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention…
The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop…
The Zero Emission Maritime Buyers Alliance (ZEMBA) has launched a Request for Proposals (RfP) for 600,000 TEUs over a three-year period on ocean vessels powered by zero-emission fuels.This will help its member companies reduce nearly one million metric tonnes of carbon emissions…
A.P. Moller - Maersk and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers (40,000 TEU) using green biofuel through Maersk’s “ECO Delivery” ocean product offering.Maersk estimates this purchase will contribute to a reduction in 44…
bp has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.With the additional contract to offtake 0.45 million tonnes of LNG per year (mtpa) for 15 years on a free on board (FOB) basis…
The transportation of CO2 is taking to the seas as emitters look for flexible ways to move captured carbon to offshore storage projects, with a fleet of 55 carriers required by 2030, according to Rystad Energy research.Based on planned carbon capture projects…
Voluntary near-miss reporting scheme CHIRP Maritime is celebrating its 20th anniversary by introducing a new port sector safety newsletter alongside its regular 'Maritime FEEDBACK' editions.“We are thrilled to announce the launch of a new series…
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers.According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August…
The Panama Canal expects to maintain restrictions on daily vessel transit and maximum draft for at least 10 more months amid a prolonged drought that has lowered the water level, an official from the waterway said on Thursday.The canal's authority earlier this year began imposing restrictions…
Waste specialist company Top Glory Marine Service (TGM) has appointed Cathrin Prikker as Joint Managing Director with immediate effect.Prikker will take up this position alongside the founder and long-serving Managing Director, Silke Fehr.Prikker…
Russia is shipping a naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies using the route to major trade partner China, cutting its way through European waters, traders said and Refinitiv data showed.SCF Irtysh is loaded with with 37…
