The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles and Port of Long Beach, have signed a memorandum of understanding (MoU) to establish a green and digital shipping corridor between Singapore and the San Pedro Bay ports complex.The aim is to support the decarbonization of the maritime industry and improve efficiencies through digitalization, and the parties will work to facilitate…
For the fifth year in a row, SAAM Towage was recognized by the Ministry of the Environment’s Huella Chile program for measuring and assuring its greenhouse gas (GHG) emissions during 2021.“Our commitment is to continually seek alternatives that…
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
