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Marine World
Hapag-Lloyd Posts 19% Lower Net Profit in 2024, to Cut Dividend
Container shipping liner Hapag-Lloyd HLAG.DE on Thursday reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided…
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Marine World
The Calculus for Net Zero in Shipping by 2050 Must Include Nuclear, Says ABS Chairman and CEO
Commercial Model is Compelling Says Christopher J. Wiernicki “New nuclear technology is a global decarbonization solution and a commercial shipping…
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Marine World
Wallem Casts Wider Talent Net For Shipping’s Next Generation
Shipping must look beyond traditional approaches to attract talent as its business model changes and digitalization accelerates, says Wallem Shipping’s…
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Marine World
Hapag-Lloyd Seeks Cost Cuts as Net Profit Slumps
By Vera Eckert and Elke Ahlswede FRANKFURT, March 14 (Reuters) – German container shipper Hapag-Lloyd on Thursday said global vessel oversupply and a crisis…
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Port News
MOL completes carbon insetting pilot from net zero voyage
Japan’s Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with 123Carbon by tokenising the GHG emission reductions from the…
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Port News
ICS proposes subsidy system for green fuel use to reach net zero targets
The International Chamber of Shipping (ICS) has submitted a proposal to shipping’s global regulator, the UN International Maritime Organization (IMO),…
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Maritime News
ESL Shipping has a robust plan to achieve net zero by 2040
Finland-based shipping company ESL Shipping has joined the Science Based Targets initiative (SBTi), committing […] The post ESL Shipping has…
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Maritime News
ICTSI commits to net zero GHG emissions by 2050
International Container Terminal Services (ICTSI), a port management company based in Manila, the Philippines, is taking a significant step towards…
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Maritime News
Can shipping go beyond the COP28 razmataz and deliver on net zero targets?
Following a day of active discussions at the Shaping the Future of Shipping: Delivering […] The post Can shipping go…
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Marine World
Achieving Net Zero: Insights from the “Shaping the Future of Shipping” Summit
More than 60 organizations from across the energy-maritime value chain have come together to discuss tangible solutions for achieving net…
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