IKEA Supply Chain Operations will ship between Asia and Europe using biofuels to reduce CO2 emissions by around 100,000 tonnes in a year.

Cairo-based shipowner United Marine Egypt (UME) is expanding in the bulk cargo market with an order at China’s New Dayang Shipbuilding for two bulkers.

Fast growing container line SeaLead has shifted senior executive Ashok Pillay into a new role as Managing Director for North and Southeast Asia as it looks to expand in the region.

Chinese shipowner New Legend Group is set to move into the tanker market with a newbuilding order at Huanghai Shipbuilding.

CMA CGM is adding to its Transpacific portfolio with a service connecting China, Korea, and Japan with Mexico.

Latest figures from Oslo freight analyst, Xeneta, reflect mixed signals from the world’s liner trades.

Singapore-based commodity trading giant, Trafigura, has ordered four medium gas carriers (MGC) that will be powered by ammonia dual-fuel engines, at Hyundai Mipo Dockyard in Ulsan.