In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic...
Two major operators of container ships, Denmark-based A.P. Moller-Maersk company Maersk and Hapag-Lloyd of Germany have signed an agreement for a new long-term operational collaboration to be known as 'Gemini Cooperation', scheduled to begin in February 2025. The...
According to shipowner organisation Danske Rederier, the European Parliament has adopted a so-called own-initiative report which calls on the Commission for an EU Port Strategy that acknowledges the crucial role of ports in the green transition of the maritime...
Tanker operator Euronav, which recently announced its intention to acquire fellow Belgian company CMB.Tech, has announced its new diversification and decarbonisation strategy. The acquisition follows an unsuccessful merger approach by another tanker company,...
Maritime trading software provider Sea is launching a Carbon Exposure solution that will enable customers to effectively measure and integrate their carbon exposure calculations with emissions targets. This addition to Sea’s all-in-one platform for pre-fixture...
UK company Infospectrum, an independent global provider of counterparty risk appraisal reports and ratings, due diligence research and KYC intelligence in the markets including shipping, energy and commodities, has launched the Infospectrum ESG Assessment Report...
Arsenio Dominguez, who took up office as Secretary-General of IMO on 1 January, has named the new IMO Senior Management Committee members. In his new year message, Dominguez pledged to build on IMO's successes and do more. He said: "With me as the 10th Secretary...
Mitsui OSK Lines (MOL) has signed a time charter contract for the ammonia carrier 'Green Pioneer' with Yara Clean Ammonia Switzerland, a company in the Yara International Group of Norway, a major nitrogen fertiliser manufacturer. The vessel is a new build, delivered...
Norwegian ship recycling company Grieg Green has acquired a majority stake in ReFlow, a Danish lifecycle analysis provider, which has developed a digital platform to document the environmental performance of products and companies from a life cycle perspective....
One consequence of the attacks on shipping in the Red Sea has been for major shipping companies, including Maersk and Hapag-Lloyd, to divert container ships on Asia-Europe routes around the Cape (image credit Hapag-Lloyd) rather than the shorter Red Sea-Suez Canal...
BIMCO has appointed Stinne Taiger Ivø, previously Director of Contracts and Support, as BIMCO Deputy Secretary General. As part of the leadership team, Ivø will be representing one of the major business areas at BIMCO, Contracts and Clauses, as the shipping industry...
South Korean ship operator HMM has announced the launch of the Supply Chain Carbon Calculator, which allows customers to enhance their carbon footprint visibility across the entire logistics journey. The new digital platform provides customers with analytical data on...
Seatrium, the Singapore-based company formed by the joining together of the former Sembcorp and Keppel O&M, has secured green trade finance and sustainability-linked facilities exceeding S$ 2bn to augment its sustainability efforts and green investments in the...
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