Sectors

Ports of Savannah and South Carolina have suspended vessel operations

Dock workers at Liverpool remain unsatisfied with a pay offer from Peel Ports. Further cargo delays expected as vessel calls are cancelled

Chief executive Søren Skou sees ‘significantly less demand’ as conditions that drove rates boom reverse. Carriers will now have to manage capacity carefully to prevent further falls

After ‘catastrophic flooding’ in east-central Florida, several ports have reopened. Elsewhere, others are likely to reopen soon, says president of Florida Ports Council

The private sector is now racing ahead of the IMO’s decarbonisation trajectory with increasingly robust requirements to hit zero emissions by 2050 and greenwashers need not apply. That accelerated ambition will ultimately ensure that access to finance, insurance cover and cargo is restricted to those companies prepared to align themselves with strict commitments

This year’s World Maritime Day theme will go deeper into topics that relate to new technologies supporting a greener transition of the maritime sector, the International Maritime Organization says

There is a need to embrace all sectors in bringing about change in relation to environmental, social and governance considerations. However, the pace of development will be patchy and different between shipping sectors

Laurence Odfjell extols the virtues of first using relatively simple and economical technology such as bigger propellers and slower speed engines to bring fuel efficiency gains for now, as part of the longer-term goal of reducing carbon emissions

Singapore shipowner AET Tankers will order two zero-emission aframax tankers fuelled by green ammonia. The deal is enabled owing to long-term charters on the vessels with Thailand’s state-owned energy firm PTT

Chinese shipbuilding guru Ren Yuanlin reveals how he aims to better combine the strength of finance into the family business

Hitachi Zosen will spin off its marine diesel engine business and allow Imabari to acquire a 35% stake in the new company

Deal agrees to the construction of an ammonia bunker tanker without any further details on price or delivery

MOL has set targets to reduce greenhouse gas emissions intensity in marine transport by approximately 45% by 2035

Among the winners in the last round of the Clean Maritime Demonstration Competition was a study between the ports of Dover, Calais and Dunkirk for the transition to electric ferry services to and from the UK

Building containerships that can use today’s fuel and future fuels requires complex choices. Early planning can help reduce total lifetime cost

In deciding who to lend to, banks look at companies’ track records and environmental, social and corporate governance strategy