SSY Global Head of Research Roar Adland likens algorithms difficulty of dealing with the unpredictability of shipping to that of disabling an autonomous vehicle with a traffic cone.
In setting out its 2030 strategy Hapag-Lloyd plans to continue investing in its core business of container shipping as well as growing its terminal portfolio.
Norwegian ballast water system manufacturer, Optimarin, has acquired Hyde Marine, part of Italy’s Industrie De Nora as the company lays out its corporate development strategy.
A growing number of container vessels are being retrofitted to use methanol as fuel with latest move from Hapag-Lloyd for ships chartered from Seaspan Corporation.
Singapore-headquartered Trafigura is to install a real-time emissions monitoring system developed by Daphne Technology aboard a chartered LNG carrier managed by Monaco-based Latsco LNG LLC.
Grace Ocean the Singapore-based owners of the Maersk chartered Dali, which ran into Baltimore’s Francis Key Bridge killing six workers and demolishing the crossing, declared general average on Saturday.