Plunging February container volumes at the Port of Los Angeles underscore the point that container shipping giants such as Maersk made in making their forecasts for 2023: booms don’t go on forever.
Sponsored: Jack Grogan, senior account manager for marine fuel specialist, VPS, answers some questions on marine fuel testing, VPS’s portfolio, biofules, and more in this sponsored Q&A. The company recently presented at
South Korea’s HMM is the latest major containership operator to bet on methanol fueling as a path to decarbonization. It has placed contracts worth $1.2 billion with two Korean shipyards for nine
Oslo-headquartered MPC Container Ships (OSE: MPCC) has signed an agreement that will see it take deliveries of synthetic Marine Diesel Oil (MDO) from Karlsruhe, Germany, based INERATEC GmbH, starting in 2024. The
Ocean Network Express, the ocean carrier established in 2017 by Japan’s K-Line, MOL and NYK, is set to take a 51% stake in each of two U.S. West Coast terminal operators, Trapac LLC
Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co. is to equip 10 COSCO Shipping Corporation containerships with ABB permanent magnet shaft generator systems. Due for delivery by the end of 2025, the
A.P. Moller – Maersk (Maersk) reports that it has ordered a further six large ocean-going vessels capable of operation on green methanol. With a nominal capacity of 17,000 TEU each, they will
Shipping and logistics giant Maersk has voiced its support for the “tougher than IMO” Clean Shipping Act introduced earlier this year by Congressman Alan Lowenthal (CA-47), whose district includes the Port of
Vancouver, B.C., based naval architecture firm Robert Allan Ltd. has been awarded a contract by Rio Maguari Shipyard (Estaleiro Rio Maguari – ERM), located in Belém, Brazil, to develop the design package
Container shipping giant A.P. Moller – Maersk has opted for full-scale implementation of Viking Life-Saving Equipment’s HydroPen drill-and-spray solution for fighting container fires. It has placed an order that will see HydroPen
