Maersk joins initiative to accelerate transition to net zero steel industry

Danish shipping and logistics major A.P. Moller – Maersk has decided to join Climate Group SteelZero, a global initiative that aims to accelerate the transition to the net zero steel industry, in partnership with Responsible Steel, the steel industry’s first … Read More

MPA, K Line join study on ammonia as marine fuel in Singapore

The Maritime and Port Authority of Singapore (MPA) and Japanese shipping company Kawasaki Kisen Kaisha (K Line) will participate in the feasibility study jointly conducted since March 2021 by the SABRE consortium with the aim to establish a ship-to-ship based … Read More

Maersk secures green fuel supply for 12 methanol-powered boxships

Danish container shipping and logistics giant Maersk has entered several strategic partnerships to secure green fuel supply for its fleet of twelve new methanol-powered vessels. Photo: Maersk The company intends to source at least 730,000 tonnes/year by end of 2025. … Read More

Container shipping companies halt shipments to and from Russia

Several container shipping majors have temporarily suspended bookings to and from Russia amid the Russian military attack on Ukraine. The bookings suspensions are a result of severe sanctions on Russia imposed by governments around the world. The international sanctions target … Read More

MSC, Maersk end transpacific cooperation with SM Line

The 2M Alliance partners, Danish Maersk and Swiss Mediterranean Shipping Company (MSC), have ended their strategic cooperation with South Korean shipping company SM Line on the transpacific route. Photo: SM Line “The slot swapping agreement between SM LINE and the … Read More

Giant Maersk boxship refloated after grounding off North Sea island

Mumbai Maersk, a 20,568 TEU containership that ran aground outside Bremerhaven, Germany, has been successfully refloated. Photo: Havariekommando The operation, carried out at high tide in the early morning hours of 4 February 2022, was the second attempt to refloat … Read More

Mumbai Maersk runs aground off Wangerooge

A Denmark-flagged ultra large containership (ULCV) has run aground some six kilometers north of Wangerooge, a German island, while approaching the Weser estuary. Image Courtesy: Havariekommando The ship in question is the 20,568 TEU Mumbai Maersk, owned and operated by … Read More

South Korea: 23 shipping companies fined $81M for price fixing

The antitrust regulator in South Korea has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates. Illustration. Image Courtesy: HMM On 18 January 2022, the Fair Trade Commission (KFTC) said it has imposed a fine of … Read More

Maersk sets new target to deliver net zero by 2040

Danish container logistics giant A.P. Moller – Maersk has set ambitious targets for the entire group to achieve net-zero greenhouse gas (GHG) emissions in 2040 – one decade ahead of its initial 2050 ambition. Illustration; Image credit Maersk On 12 … Read More

Maersk declares option for 4 more methanol-powered boxships

Maersk has declared options with South Korean shipbuilder Hyundai Heavy Industries (HHI) for an additional four 16,000 TEU methanol-powered containerships. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become … Read More