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...

MSC was recently revealed as the largest owner of containerships 20 years and older, Michael Grey examines the merits of older, second-hand tonnage.

Container line ZIM slumped to a massive $2.27 billion loss in Q3 2023 as it took a $2.06 billion non-cash impairment due to the negative outlook for the container sector.

In what will be the first of a series of announcements Evergreen has declared the charges it will levy to cover the EU Emissions Trading Scheme (EU ETS) which goes live in less than seven weeks’ time.

Government in Australia is attempting to call the tune with its Strategic Fleet policy but opposition to the fleet has come from those footing the bill, who’d have thought that the piper payers would make a song and dance of it?