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Environment

MOL launches program to help customers cut emissions

Aiming to achieve net zero emissions, Mitsui O.S.K. announced the launch of a new program, BLUE ACTION NET-ZERO ALLIANCE. This program contributes to reducing...
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Ultranav starts trial with Signol to minimise CO2 emissions

Ultranav is launching a 6-month trial with Signol – a behaviour change service designed to encourage fuel-saving practices among crew members. Even small adjustments in...
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NYK positions CDR as measure to reduce scope 1 emissions

The NYK Group issued a position paper positioning carbon dioxide removal ("CDR") as a means to reduce Scope 1 emissions. In November 2023, the Group...
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Port of Long Beach Marks 20 Years of Leading Green

The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the...
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Marubeni and MOL Establish New Company Venture in the Nature-based Carbon Removal Credit Business

Marubeni Corporation and Mitsui O.S.K. Lines, Ltd. announced that the two companies have entered into a shareholders agreement to jointly establish a new company,...
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ABS, PaxOcean and PCL sign MOU to jointly develop retrofit strategies

The American Bureau of Shipping, PaxOcean, and Pacific Carriers Limited have signed a Memorandum of Understanding to collaborate on developing retrofit strategies. This partnership...
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The global fleet is turning green

The global fleet of ships powered by cleaner fuels has seen significant growth over the last years, as vessel operations contribute to greener intermodal...
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MOL signs MOU to develop green corridor connecting Portugal to Northern Europe

Mitsui O.S.K. Lines announced the signing of a memorandum of understanding to develop a green corridor connecting Portugal to Northern Europe with Madoqua Renewables...
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EU’s cleaner marine fuel rules are inflationary – shipbrokers

EU regulation focused on cutting the shipping industry’s carbon emissions in as many years. Shipping transports over 80% of all traded goods and causes...
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Berge Bulk & BHP launch iron ore voyages using 100% biodiesel

Berge Bulk and BHP have joined forces to pioneer an iron ore voyage from Australia to China powered entirely by B100 biodiesel. The Berge Lyngor,...
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New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

CMA CGM: A solid Group continuing its transformation in an unstable market environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of...

C3is reports financial and operating results for the first quarter of 2025

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter...

Castor Maritime Reports Fourth Quarter and Full Year Results for 2024

Castor Maritime, a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of...

HHLA starts new financial year with strong revenue and earnings

Despite the continually weak German economy, geopolitical tensions – notably the war in Ukraine and the escalating situation in the Middle East – as...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Paul Pathy of Fednav elected BIMCO President

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping...

EU agrees new sanctions on Russia and threatens more if Putin refuses ceasefire

The European Union has agreed to impose a new round of sanctions against Russia,...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...

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