Shipping Archives — Page 4 of 15

July 27, 2023 No Responses

Four Contenders Join Race For HMM’s $3.9b Privatization

Four bidders have thrown their hats in the ring for the privatization of HMM, Korea’s largest shipping company, as the government seeks to divest a controlling stake valued at 5 trillion won ($3.9 billion). HMM Co Ltd, formerly Hyundai Merchant...

July 27, 2023 No Responses

EU Adopts Final Rules On Regulating Shipping’s Climate Impact

The Council of the European Union has adopted the final rules on climate-neutral shipping as proposed in the FuelEU Maritime as a key part of the EU’s Fit for 55 package. World Maritime report that the final hurdle has been...

July 23, 2023 No Responses

Bidding Begins For South Korea’s Flagship Carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM has been launched in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development B...

July 13, 2023 No Responses

Evergreen Confirms $5b Deal For 24 Methanol-Fueled Ships

Taiwanese container shipping major, Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. World Maritime News report that the construction deal has been div...

July 11, 2023 No Responses

Sustainable Shipping: UK Pledges $43m

The UK Government has committed £34 million ($43 million) of funding, which is part of the Clean Maritime Demonstration Competition (CMDC), for new technologies that will help decarbonise shipping. World Maritime News report that the competition loo...

July 1, 2023 No Responses

Maersk, CMA CGM, Evergreen Stake $5b On 44 Ships

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to 44 containerships, valued at over $5 billion. World Maritime News report that Evergreen has emerged as ...

June 30, 2023 No Responses

Lekki Deep Seaport Receives First Transshipment Vessel

Lekki Deep Seaport, on Thursday, announced the arrival of the first transshipment vessel to call at the container terminal of the port. In a statement, Lekki Deep Seaport explained that the vessel, Rimbaud, owned by CMA CGM shipping compan...

June 17, 2023 No Responses

APAPA PORT BERTHS LARGEST CONTAINER CARRIER IN ITS HISTORY

The Lagos Port Complex (LPC), Apapa, on Friday, 16th June, 2023 made history by its berthing of a 300m LOA vessel. NPA described the development as unprecedented and “a testament to the unwavering commitment of the Mohammed Bello Koko-l...

June 16, 2023 No Responses

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...

June 9, 2023 No Responses

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...

May 27, 2023 No Responses

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...

May 25, 2023 No Responses

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...

May 22, 2023 No Responses

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...

May 9, 2023 No Responses

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...