Maersk again boosts earnings guidance
Container shipping giant A.P. Møller – Mærsk A/S (APMM) said today that, for the first two months of third quarter 2021 it has “recognized a financial performance significantly ahead of our previous
Shipping
IFAN invests $1.2 million to future-proof safe navigation
he International Foundation for Aids to Navigation (IFAN) has announced a near $1.2 million investment in safe navigation in the Middle East Gulf. It will see significant recapitalization of the Differential Global
Machine learning helps TotalEnergies cut emissions
French energy major TotalEnergie is using a solution from Nautilus Labs to visualize and analyze data from its LNG carrier fleet in order to optimize overall efficiency and cut emissions. Working as
Why the Golden Ray capsized
The National Transportation Safety Board has determined that an error in entering ballast water quantities into a stability program is the probable cause of the September 8, 2019 capsizing of the car
U.K. calls for zero global shipping emissions by 2050
As what is billed as ”the greenest London International Shipping Week yet,” kicks off, U.K. Transport Secretary Grant Shapps has announced that the U.K. backs an absolute zero target for international shipping
Dutch containership will be fitted with CO2 capture and storage solution
Onboard carbon capture and storage is starting to move from the list of “possible” solutions for reducing ships GHG emissions and into real life applications. As we reported last month, a K-Line
FMC names 24 members of new National Shipper Advisory Council
Some of the world’s largest users of shipping services are among the 24 members of the Federal Maritime Commission’s newly formed National Shipper Advisory Committee. The committee’s 24 members are evenly divided
Peter Sand leaves BIMCO to join Xeneta
BIMCO’s chief shipping analyst Peter Sand is leaving the international shipping association to join Oslo-headquartered ocean and air freight rate benchmarking and market analytics platform Xeneta, where he will serve as chief
Saltchuk suspends discussions with OSG
In a filing with the SEC, Saltchuk Holdings says that it has informed Jones Act tanker and ATB operator Overseas Shipholding Group Inc. (NYSE: OSG) that it is suspending discussions of a
Maersk invests in California green fuels start-up
Having committed to building a new generation of methanol-fueled containerships, A.P. Moller – Maersk is taking steps to secure the e-methanol on which those ships will operate. Today it announced that its