Underscoring the efforts being made by leading corporations to reduce their carbon footprints, Volkswagen Group Logistics is to use certified fuel from vegetable residues for certain new car shipments via marine routes.
Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater
Hamburg-headquartered Hapag-Lloyd has signed an order for six 23,500+ TEU container vessels with South Kiorea’s Daewoo Shipbuilding & Marine Engineering. Set for delivery between April and December 2023, the vessels represent a
One of the world’s largest owner-operators within the Supramax / Ultramax dry bulk segment, Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE), has become a signatory to the Sea Cargo Charter.
Emanuele A. Lauro led Scorpio Bulkers Inc. (NYSE: SALT) said today that following its recent string of vessel sales, its board of directors has authorized the company, as part of its transition
Matson Inc. (NYSE: MATX) today took delivery of Matsonia, the second of two LNG-ready Kanaloa Class combination container / roll-on, roll-off ships built for the company by the General Dynamics NASSCO shipyard
Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, and Wärtsilä Norway have received NOK 46.3 million (about $5.4 million) in support from the Norwegian government’s Pilot-E program for a
In a recent “Green Tankers towards 2050” industry webinar, classification society DNV GL and South Korea’s HHI Group, the world’s largest shipbuilder, presented the results of new joint research on the development
As part of this year’s “Decarbonizing Shipping” initiative run by venture developer Rainmaking Innovation Limited, mobile satellite communications leader Inmarsat. Inmarsat, has fast-tracked two start-ups to Certified Application Provider (CAP) status. The
In a first-of-a-kind climate finance report, 15 financial institutions that are signatories to the Poseidon Principles on green shipping finance have disclosed the climate alignment score of their ship finance portfolios. Announced