Meta taps into Norden’s biofuel offering
Danish shipping giant Norden has sealed a deal with Mark Zuckerberg’s Meta for the use of sustainable fuels in its maritime supply chains. The owner of Facebook, which has set a goal of reaching net-zero emissions across its value chain in 2030, has signed up for the so-called Book & Claim model, which sees Norden-operated […]
Douglas Wheat steps down as chairman of International Seaways
Douglas Wheat has stepped down as chairman of New York-listed International Seaways. The industry veteran who has chaired Seaways’ since November 2016, will be replaced by Ian Blackley – the company’s board member and former top man at its predecessor Overseas Shipholding Group. “Wheat’s resignation was not the result of any disagreement with the company […]
IWS Fleet and Asso.subsea terminate CSOV charter deal
Oslo-listed Integrated Wind Solutions (IWS) has seen its subsidiary IWS Fleet terminate a charter deal with Greece-based offshore contractor Asso.subsea for one of its commissioning service operation vessels (CSOVs). The Awilco-backed outfit, which owns close to 75% of IWF Fleet, said in its quarterly earnings report that the charter revealed in October 2023 had fallen […]
Zim share sale will be scrutinised by other operators
A number of container ship operators will be scrutinising Zim Integrated Shipping’s books to see if there are any synergy possibilities with the Israeli carrier, said one financial expert. It emerged on Friday (22 November) that the New York-listed Zim’s largest shareholder Kenon Holdings, which is 62% owned by Idan Ofer will sell its remaining […]
Angel sinking: Taiwanese authorities seek over US$9 million from Norwegian insurer
Taiwan International Ports Corporation’s Kaohsiung branch is seeking TW$304 million (around US$9.4 million) for clean-up costs and lost fishermen’s earnings following the sinking of the Palau-flagged boxship Angel on 21 July 2023. The port authority has assessed that pressing the claims against the ship owner is impossible, and the matter will have to be settled […]
PSA and National University of Singapore launch supply chain living lab
PSA International (PSA) and the National University of Singapore (NUS) have announced the establishment of the PSA-NUS Supply Chain Living Lab. Recognizing the increasing demand for integrated solutions that go beyond traditional port container handling, PSA has broadened its scope as a global port operator to include services across the broader supply chain. To support […]
KMTC Line bets big on Middle East and Indian trades with newbuildings
South Korean intra-Asia carrier Korea Marine Transport Company (KMTC Line) has ordered the largest ships in its 70-year history. KMTC Line’s representative confirmed to Container News that it is behind orders for two 8,700 TEU ships at HD Hyundai Samho Heavy Industries. The LNG dual-fuelled and methanol-ready newbuildings, scheduled for delivery in early 2027, cost […]
HPC confirms Georgia’s National Maritime Single Window implementation
HPC Hamburg Port Consulting, in collaboration with software provider Prodevelop and local partner Plisk Consulting, celebrates the successful post-implementation health check of Georgia’s National Maritime Single Window (MSW). In addition, this innovative digital platform represents a major transformation in Georgia’s maritime industry, streamlining operations for over 400 users across the country’s maritime community. The health […]
Xi’an, China- Middle Corridor-Europe transit times are now around 30 days
The “Xi’an – Middle Corridor – Europe” westbound train has been in operation since August 13, 2024 and is now a regular option for transportation. In addition, Beijing Trans Eurasia plans to officially launch the “Europe – Middle Corridor – Xi’an” eastbound service in November 2024 After departing from Xi’an, the route enters Kazakhstan via […]
Maersk revises surcharge from China and Hong Kong to IMEA
Danish ocean carrier Maersk will be revising the Peak Season Surcharge (PSS) for shipments from China and Hong Kong to the following destinations: Angola/ Cameroon/ Congo/ Congo, Dem.Rep .of/ Equatorial Guinea/ Gabon/ Namibia/ Central African Republic/ Chad/ Guinea/ Mauritania/ Gambia/ Liberia/ Sierra Leone/ Cape Verde Island/ Mali This surcharge adjustment will take effect on 1 […]