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.
Major logistics providers say the gap in asking prices between shippers and container lines has slowed down contract negotiations on the Transpacific.
Dutch shipbuilder Damen Shipyards Group has launched the fully electric tug being built for the Port of Antwerp-Bruges.