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Tuesday, September 17, 2024
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Maersk firm strikes deal for 16 electric trucks across Southern California

A Maersk Company is adding 16 new, Volvo VNR Electric Class 8 trucks to its transportation fleet to replace 16 diesel trucks as part...

Hurricane Ida roils global shipping markets

Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall along the US Gulf Coast on Aug. 29, as shipments...

Maersk accelerates fleet decarbonisation; 8 large containerships to operate on methanol

In the first quarter of 2024, A.P. Moller - Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels...

NYK intensifies efforts to clean up Crimson Polaris oil spill

In response to the grounding of Crimson Polaris that occurred off the coast of Hachinohe on August 11, NYK will make a total of...

Exxon Sees ‘Great Opportunity’ for Lower-Emission Oil Output in Brazil

Exxon Mobil Corp sees its investments in Brazil’s offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas...

Maersk Signs First Green Methanol Supply Deal in Step Towards Net Zero Emissions

A.P. Moller-Maersk said it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral...

Russia Opens Criminal Investigation Over Black Sea Tanker Spill

Russian investigators were conducting searches at the Caspian Pipeline Consortium (CPC) after last Saturday’s oil spill near the Black Sea port of Novorossiisk, the...

‘Once in 100 years’ drought seen affecting Argentine grains exports into next year

A once-a-century drought has lowered the water level of Argentina’s main grains transport river, reducing farm exports and boosting logistics costs in a trend...

Fincantieri to Study Use of Green Hydrogen in Ports, Shipping

Europe’s biggest utility Enel has agreed to work with Italian shipbuilder Fincantieri to find ways to use green hydrogen in ports and long-range sea...

EU proposes adding shipping to its carbon trading market

The European Commission on Wednesday proposed adding shipping to the bloc’s carbon market for the first time, adding pressure on an industry, which had...

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Pelagic Partners launches new Pelagic Capital venture

Shipowner and shipping fund manager, Pelagic Partners, announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a...

Globus Maritime reports financial results for the second quarter

Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Pyxis announces full redemption of series a convertible preferred stock

Pyxis Tankers, an international shipping company, announced key shareholder and chartering updates. On September 6, 2024, the Company’s Board of Directors approved the redemption of...

TEN reports profits for the second quarter and first half 2024

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...

HMM plans to invest KRW $17.4 Billion to sustainable growth

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and drive itself to be a global green shipping and...

One year of Celestyal Journey

Celestyal Journey has notched up one year with Celestyal, travelling 66,100 nautical miles in...

Titanic builder Harland & Wolff to enter administration amid debt woes

RMS Titanic shipbuilder Harland & Wolff announced on Monday that it will enter administration...

Burning oil tanker is safely towed away from Yemen after rebel attacks

UBAI, United Arab Emirates (AP) — Salvagers successfully towed a Greek-flagged oil tanker ablaze...

Trelleborg partners with Arkas Holding for advanced fleet modernization initiative

Trelleborg supplied its TSX5 shaft power meters, to be integrated into the Arkas fleet...

Orient Shipping announces bulker addition to fleet

Orient Shipping announced it has taken over mv HB Golden Eagle as part of...

US East Coast Ports Union meets over wage demand, preps for possible strike

The International Longshoremen’s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday...

Singapore permits night movement of containers at Pasir Panjang Terminal

Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a four-month trial, the Maritime and Port...

DP World enters retail and fashion logistics

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Indian Port Workers Call Off Strike, Agree New Wage Deal

Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on...