Whilst many people believe that the IMO’s ambition to reduce shipping’s 2050 carbon emissions by at least 50% compared with 2008 levels appears to be an almost impossible target, shipping economist Martin Stopford does not agree.

Classification society ABS has formally opened its new global headquarters in Houston, Texas.

Belgium’s Antwerp port has confirmed a need for additional container handling capacity as the port concluded 2018 with expected growth in all types of cargo.

Dutch tank storage firm Vopak is developing innovation pilots in Singapore with the use of drones and robots to achieve smart tank terminal operations.

As with many other industries, key players in maritime are increasingly spurred on to accelerate innovation and adopt new technologies in a bid to stay ahead of the curve.

France’s CMA CGM has inked an agreement with Freightos to advance digitalisation in shipping, making CMA CGM becoming the first ocean carrier listed on Freightos’ online freight marketplace.

Singapore’s ST Engineering has announced a suite of greener engineering solutions for the maritime industry to help them cope with stricter IMO regulations and embark on the overall direction towards innovative operations.

Norway’s Wilhelmsen has introduced a new digital start-up named Raa Labs to speed up maritime digitalisation.

Hapag-Lloyd says that size is no longer the name of the game in container shipping with consolidation becoming less attractive in the sector as it sets out its strategy to 2023.

AP Moller-Maersk, CMA CGM, Ocean Network Express (ONE), Hapag-Lloyd and MSC have joined hands to form a new container shipping association to pave the way for digitalisation, standardisation and interoperability in the container shipping industry.

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