Singapore yard group Seatrium Limited is to install a full-scale 7MW carbon capture and storage (CCS) system from Wärtsilä on board the 2019-built ethylene carrier, Clipper Eris, owned by Norwegian shipowner, Solvang.
Rapidly growing container line SeaLead has unveiled a change of ownership to a group of four investors and a new interim head of management.
US shippers are diverting east coast cargo, already shifted from the Panama Canal to via Suez, to west coast ports, boosting southern California port volumes and raising box leasing prices through the roof.
Unifeeder has started new reefer focused service between Manzanillo in Panama and four Colombian ports.
Over 50 vessels attacked by Houthi rebels in the Red Sea, thousands of ships diverted via the Cape of Good Hope, and billions of dollars of trade disrupted in the Red Sea crisis.
The Deputy Administrator for the Panama Canal Authority (ACP), Ilya Espino de Marotta, says the waterway does not expect changes to current vessel transit restrictions until at least April.
Members of the European Parliament agreed changes to the 2009 Maritime Directive which will bring European accident investigation rules into line with the IMO regulations.
The World Shipping Council (WSC) is the latest organisation to put forward a Greenhouse Gas (GHG) pricing proposal to the International Maritime Organization (IMO) although it expects elements of different proposals to form a final agreed structure.
AD Ports Group has reported a doubling of revenue in 2023 to AED11.7bn ($3.19bn), boosted by mergers and acquisitions.
Rotterdam-based Van Oord has won a deal to assist in the construction of Poland’s largest-ever renewable project.