Geopolitical and meteorological events are continuing to reshape global container shipping trading patterns as vessels look for alternatives to all water routes via the Suez and Panama Canals.
Shanghai International Port Group (SIPG) and Evergreen have signed cooperation Memorandum of Understanding (MoU) for green methanol supply and refueling at Shanghai port.
Mitsui OSK Lines (MOL) is set to be the first shipping company to issue “blue bonds” through a public offering in Japan's domestic market in January 2024.
Singapore has welcomed the delivery of its first methanol bunkering vessel, marking its commitment to serve as a living lab for bunkering alternative fuels.
Japanese engineering giant Toyo Construction has placed a major order with Vard, a Fincantieri subsidiary, for a $200 million+ hybrid cable-laying and construction vessel.
The launch at Marintec China last week of a conceptual design for a nuclear-powered 24,000TEU container ship has rekindled the debate about nuclear power in shipping.
Mitsui OSK Lines (MOL) and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border transportation and storage of CO2.
Pakistan has ratified the International Maritime Organization’s (IMO) treaty for safe and environmentally sound ship recycling, the Hong Kong Convention, the last of the big three shipbreaking nations to do so.