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Sectors

Ports & Logistics

Retailers seek talks with Biden over US port congestion

The request comes as attention from the US Federal Maritime Commission and Congress intensifies into the prolonged congestion at US ports

US States Containers

China port congestion threatens more schedule disruption

The queue of vessels waiting to berth in southern China’s box ports is increasing. The capacity removed from the market could further reduce service reliability

Asia Pacific China

Rates crisis favours larger shippers

Rates for freight on both the spot and contract market have surged. But the differential between the two is making some cargoes unprofitable for small-scale shippers

International Containers

Germany in hydrogen supply pact with Australia

Australia’s ambition is to produce the ‘cheapest clean hydrogen in the world, which will transform transport, mining, resources and manufacturing at home and overseas’, says Australia’s prime minister Scott Morrison

Australia Germany
Environment

IMO adopts CO2 intensity reductions to 2026 amid strong opposition

The IMO agreed that ships should improve their CO2 intensity by 2% annually between 2023 and 2026. However, the decision was fraught with critical interventions from countries including the US and UK and EU member states who sought much higher targets

International IMO

IMO short of emissions experts

Governments have backed the IMO’s request to hire two more officers as the growing workload of regulating greenhouse gases and other emissions swamps its air pollution team

International IMO

Germany in hydrogen supply pact with Australia

Australia’s ambition is to produce the ‘cheapest clean hydrogen in the world, which will transform transport, mining, resources and manufacturing at home and overseas’, says Australia’s prime minister Scott Morrison

Australia Germany

US calls incoming emissions measure ‘weak’

Countries at the International Maritime Organization’s Marine Environment Protection Committee showed strong opposition to allowing waivers and exemptions from incoming short-term emission measures for ships

IMO Environment
Shipbuilding

DSME venture wins $2.3bn offshore facility contract

It is the highest-value offshore shipbuilding contract awarded to the South Korean group since 2014 when a collapse in oil prices marked the beginning of a multi-year sectoral downturn

Brazil Offshore

Australian watchdog launches legal action against shipbuilder

Australian Securities & Investments seeking declarations and pecuniary penalties related to involvement in US warship building programme

Australia Law

Samsung Heavy to develop nuclear-powered ships

The project will be based on the so-called molten salt reactor technologies, which the company describes as ‘a carbon-free energy source that can efficiently respond to climate change issues’

Asia Pacific Containers

Marinakis orders MR2 newbuildings from Hyundai

Orders for four tankers are priced at about $36m for each vessel, and options for another two tankers would extend the series to six if exercised

Greece South Korea
Technology & Innovation

The Lloyd’s List Podcast: Why sustainability needs digital solutions as well as decarbonisation

Shipping experts are calling for serious commitment on sustainability ‘NOW’ before it’s too late. What’s holding us back? Is the answer only to be found in zero carbon fuels, in which case how many years will it be until the right fuel or fuels have been trialled and tested under all conditions? What can be done while all this is going on, to reduce if not eliminate harmful emissions? And what has shipping discovered from several years of digitalisation to move us in the right direction? Roger Strevens, vice-president of global sustainability at Wallenius Wilhelmsen, explains why reducing carbon intensity by one-third since 2008 is not enough

International Lloyd's List The Shipping Podcast

McQuilling partners with Vertis to enter carbon market

The new venture will offer its clients access to carbon offsets via a partnership agreement to address their environmental sustainability and carbon-neutral shipping needs, as well as their future environmental compliance requirements

International Environment

Samsung Heavy to develop nuclear-powered ships

The project will be based on the so-called molten salt reactor technologies, which the company describes as ‘a carbon-free energy source that can efficiently respond to climate change issues’

Asia Pacific Containers

NYSHEX to launch in Europe this year

NYSHEX has sought to bring enforceable contracts to container shipping. After a successful launch on the transpacific, it is now bringing the service to Europe

North America Europe
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