Maritime investment advisor ProMarine A has launched the first sustainable shipping fund called the Low Emission Methanol Shipping Company or LEMSCO, but questions remain about how sustainable this fund really is.
Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be enough capacity for containerships, however, it will be a different story for other vessel types such as gas carriers.
The Chilean giant state mining company Codelco, Japan’s NYK Bulk & Projects Carriers (NBP), Oshima Shipbuilding and Sumitomo Corporation have signed a Memorandum of Understanding (MoU) design and build an ammonia dual-fuel handymax bulker.
Ending a long-standing relationship can be messy, but Maersk and MSC appear to be dissolving their 2M consortium with the minimum of fuss, with the Asia/Europe trades disentangled, attention turned to the Atlantic.
E-navigation and ship performance technology firm, Navtor, and Voyager Worldwide, a maritime digital technology specialist, have announced that they are to join forces.
One of the main infrastructure projects in Natal and Rio Grande do Norte, the expansion of the port in the state capital, has been estimated at $250 million, according to a study commissioned by the National Confederation of Transport (CNT).