Hapag-Lloyd has opened a Technology Centre (HLTC) in Chennai where a team of 180 IT professionals will develop software solutions for the maritime industry.
Danish container ship operator Maersk has secured enough green methanol, 500,000 tonnes annually, from Beijing-based green energy provider Goldwind Science & Technology Co to power half its 24-ship methanol powered orderbook.
Seafarer salaries are rising by over 10% according to a survey by Danica Crewing but could level off in the coming year as container and bulker owners tighten their belts.
The bottom line revealed in a set of ‘Key recommendations for the 2024 ocean market’ from Flexport’s Ocean Market Predictions for 2024 webinar is for cargo shippers to take a posture of flexibility.
Container line MSC is to install a carbon capture and utilisation system (CCUS) from Zhejiang Energy Marine Environmental Technology (ZEME) on a 24,000 teu vessel which will sequestrate around 40% of carbon emissions from its exhaust.
Newbuilding demand at Chinese shipbuilders has continued apace this year with the volume of newbuilding orders up 76.7% in the first nine months of 2023.
Port of Los Angeles (Port of LA) Executive Director Gene Seroka provided some very useful insights into developments at the Federal Maritime Commission (FMC) and on the ongoing efforts among transportation community participants to improve...