As the situation in the Red Sea disrupts normal operations, legal and insurance experts explore some of the practical and legal considerations shipowners and charterers face.
Evergreen Marine has signed a memorandum of agreement with X-Press Feeders to place Evergreen containers on new X-Press dual fuel methanol vessels in Europe.
Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts.
Container carriers have shifted to a much greater proportion of owned tonnage in the newbuild ordering spree in the past few years but whether that will reduce costs versus chartered-in tonnage remains open to question.