Shipping News
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Maersk issues first green bond to fund first green methanol vessels
This 10-year, €500 million green bond comes under the umbrella of Maersk´s Green Finance Framework and a final order book at €3.7bn. The transaction priced at coupon of 0.75%, lowest annual interest ever for Maersk. Copenhagen, Denmark – A.P. Moller – Maersk (Maersk) has launched its Green Finance Framework designed…
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Donya-Florence Amer to be Chief Information Officer at Hapag-Lloyd
The Supervisory Board of Hapag-Lloyd AG appointed Donya-Florence Amer to the Executive Board. On 1 February 2022, she will join the company as Chief Information Officer (CIO). Amer, 49, started her professional career in 1999 at IBM, where she held various management positions. She has played leadership roles at Bosch…
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K Line takes delivery of Tadotsu-built bulk carrier Lin Miarak
Japan-based shipping firm Kawasaki Kisen Kaisha (K-Line) has received a new eco-friendly bulk carrier, named Lin Miarak. The 90,000dwt vessel was constructed at Tadotsu Shipyard, which is a unit of the Imabari Shipbuilding Group. K-Line will deploy the Lin Miarak for the shipment of coal. To support this, the company…
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CMA CGM has announced the extension of its MEDWAX service in the Mediterranean.
The new rotation will be offering: Direct link from the West Mediterranean (Marseille, Barcelona, and Valencia) to Senegal and Côte d’Ivoire, Direct link with competitive transit times from Abidjan to Marseille The first departure will be operated from Abidjan on December 18th, 2021 by m/v CMA CGM HOMERE voy. 0MY6IN1MA,…
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Maersk Drilling secures two-well Dutch contract for Maersk Resolute
Maersk Drilling has been awarded a contract with ONE-Dyas B.V. which will employ the harsh environment jack-up rig Maersk Resolute to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea. The contract is expected to commence in December 2021, with a firm duration of…
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New BIMCO film puts spotlight on transparency and decarbonisation ” No Turning Back”
As pressure on industries, governments, and companies to decarbonize increases, so does the need for the shipping industry to inform the public and decision-makers and increase transparency about the industry’s efforts to decarbonize. Earlier this year we launched two films, “Ships Make the World Go” and “Seafarers Deserve Support”, to…
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BIMCO launches initiative to deconstruct climate terminology
BIMCO has started a discussion with members with the aim to provide a set of definitions that are practical and clear to stakeholders in the shipping industry when discussing climate change. Why is BIMCO launching a discussion? We believe that simplified language, based on the best scientific consensus (in most…
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BIMCO position statement on “keep shipping regulation global” Overview
Around 90% of global trade by volume is transported by sea. Shipping is crucial for global trade plus the wider blue economy and international regulations are vital for the smooth, operation of the shipping industry, which works globally across borders and different regions. International conventions govern maritime transport, including safety…
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Algoma equips another eight vessels with Yara Marine tech
Algoma Central Corporation chooses FuelOpt to enhance the vessel efficiency of 8 more bulk carriers Successful performance of Yara Marine’s FuelOpt propulsion optimization technology on one of their bulk carriers prompts Algoma Central Corporation to equip the balance of their Equinox class bulk carriers with FuelOpt systems for overall fleet…
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