Consortium To Develop Zero-Emission Tugs

Consortium To Develop Zero-Emission Tugs

United Kingdom (UK) shipbuilder Harland & Wolff has joined forces with Macduff Ship Designers, Kongsberg Maritime and Echandia, to create a UK consortium with a common vision to develop and build a zero emissions harbour and coastal tug. World Maritime...
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MOL Appoints First Female Captain

MOL Appoints First Female Captain

Japanese shipping major, Mitsui O.S.K. Lines (MOL) has appointed Naomi Matsushita as the captain of its car carrier, Beluga Ace, effective June 6. World Maritime News report that the decision marks a significant step forward for gender diversity in the...
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World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week.  World Maritime News report that this remarkable ship has captivated onlookers and left them in awe as it arrived on...
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Ship grounded in Suez canal refloated

Ship grounded in Suez canal refloated

A ship that was grounded in the Suez Canal, has been refloated, shipping agent Leth Agencies says. Tugboats had been working to refloat the bulk carrier, named Xin Hai Tong 23, the company said earlier Two years ago, the Suez...
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661 Containers Lost At Sea, Says World Shipping Council   

661 Containers Lost At Sea, Says World Shipping Council   

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. City Business News report that the report covers the year 2022, sho...
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Tincan Island Port Receives Largest Ever Container Vessel

Tincan Island Port Receives Largest Ever Container Vessel

The Nigerian Ports Authority (NPA) recorded yet another milestone today, Tuesday, May 9, 2023 with the berthing at the TinCan Island Port Complex of “the largest-ever container vessel to call at the Lagos Pilotage District”.  The vessel MSc Maureen ha...
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Maersk Reports $5.7b Drop In Q1 Profit

Maersk Reports $5.7b Drop In Q1 Profit

Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a...
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Shipping Firm Receives World’s Largest Liquefied Gas Carrier

Shipping Firm Receives World’s Largest Liquefied Gas Carrier

Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. According to World Maritime News, this marks a si...
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Brazil, Luxembourg Join International Chamber Of Shipping

Brazil, Luxembourg Join International Chamber Of Shipping

The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, has announced FEDIL Shipping, Luxembourg and the Brazilian Association of Cabotage Owners as affiliate members of the associations.  FEDIL Shipping acts as...
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Maersk, MSC Terminate Alliance  

Maersk, MSC Terminate Alliance  

Container shipping giants, MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025.   2M is a container shipping line vessel sharing agr...
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Hyundai Heavy Industries Group Changes Name

Hyundai Heavy Industries Group Changes Name

Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing.  According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the...
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Maersk CEO Steps Down

Maersk CEO Steps Down

The Chief Executive Officer (CEO) of A. P. Møller – Mærsk A/S (Maersk), Soren Skou, who has led the  transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring.  Vincent Clerc, currently CEO...
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<strong>TotalEnergies Joins Zero-Emission Shipping Coalition</strong>

TotalEnergies Joins Zero-Emission Shipping Coalition

TotalEnergies has joined the Castor Initiative, a multinational coalition committed to making zero-emission shipping a reality, to support the uptake of ammonia as a green fuel and the development of ammonia-powered tankers.  The global coalition, which inclu...
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Maersk Seeks End Date For Fossil Fuels In Shipping

Maersk Seeks End Date For Fossil Fuels In Shipping

The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor...
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