Red Sea woes help Maersk achieve third-best financial year
Red Sea woes have had the effect of blotting up container capacity and one of the largest containership operators of all, A.P. Moller – Maersk, reports strong financial results for 2024 with
Maersk
Op-Ed: Cutting fuel costs at the source
By Per Funch-Nielsen, Director, AuctionConnect The pathway for decarbonization in the shipping industry has been laid out by the IMO, providing clear objectives and checkpoints along the way. The global industry regulator
Energy-saving TMC compressors chosen for 6 methanol-fueled container vessels
While most of the focus on six 9,000 TEU containerships ordered by Maersk at China’s Yangzijiang Shipbuilding has been on the fact that they are methanol-fueled, the ships also feature a range
MAN completes Maersk Halifax methanol retrofit
PrimeServ, MAN Energy Solutions’ after-sales division, has completed the world’s first retrofit of the engine of a very large container vessel, the Maersk Halifax, to dual fuel methanol operation. The 15,000 TEU
Maersk orders 20 LNG dual fueled containerships
While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual
Maersk signs long-term bio-methanol deal with Chinese supplier
With seven methanol dual-fuel ships already in service and more to follow, Maersk continues to line up new green fuel sources. It has now entered into a long-term bio-methanol offtake agreement with
Maersk joins nuclear powered containership study
Maersk is keeping all its green propulsion open, including green methanol, bio-LNG and, maybe at some future date, nuclear. It has signed a joint develop project agreement that sees it join Lloyd’s
Maersk Line Limited reaches settlement in whistleblower case
As part of a settlement with the U.S. Department of Labor in a whistleblower case, Maersk’s U.S.-flag subsidiary, Maersk Line Limited is to change its safety reporting policies and compensate a seaman
Strategies for safeguarding America’s maritime infrastructure
By Sabrina Brigance, managing director marine practice, Hylant On March 26, 2024, tragedy struck the Francis Scott Key Bridge in Baltimore, Md., as it collapsed following a devastating allision with the Singapore-flagged
Red Sea diversions send Singapore bunker sales soaring
As Houthi terrorist targeting of ships continues and vessels avoid Red Sea transits, sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs. This indicates