Unprecedented $48.1bn earnings for container shipping in Q3 saw the industry surpassing tech giants Facebook, Amazon, Netflix and Google, or FANG, in terms of profitability.

Delayed by the pandemic Norwegian fertiliser producer Yara has launched Yara Birkeland, the world’s first electric and autonomous containership.

Cosco Shipping, Mitsui & Co, and Saudi Aramco are among nine companies are jointly establishing TradeGo, a digital platform servicing for international bulk cargo trading business.

US satellite communications provider Viasat is acquiring Inmarsat in a $7.3bn deal.

As part of Hong Kong Maritime Week Seatrade Maritime News is hosting a webinar on shipping’s decarbonisation challenge – the role of technology and digitalisation.

Chile-based SAAM Towage and Caterpillar Marine have signed a global services agreement to use digital solutions for planned and preventative maintenance.

Ship operators whose vessels work in short-sea trades, on the coast, and on inland waterways, are not making the most of recent advances in electrical power sources that boost ship efficiency and cut emissions.

Former Northup Grumman senior executive Ben Palmer is be the new head of maritime for Inmarsat as veteran Ronald Spithout leaves the business.

Singapore is committing SGD80m ($59.3m) to its maritime research institute over the next five years as it launched a new simulator that allows the study of ship crew by AI.