In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2
The CNC beveling machine of Italian specialist FICEP will be integrated into PEMA production automation solutions in the new production site of the Dutch offshore wind monopile foundation manufacturer SIF Holding The world’s largest monopiles foundation manufacturing plant is expected to be ready at
Kale Logistics Solutions (Kale) has published a readiness survey of 200 ports that revealed 30 percent are not prepared to adopt the International Maritime Organization’s (IMO) Maritime Single Window (MSW) mandate, which becomes compulsory worldwide from January 2024.
APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op
The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveal
The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i
The Port of Montreal has revealed that the National Trade Corridors Fund (NTCF) allocated $150 million for port’s container terminal project in Contrecœur.
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia. To this end, GEP signed a letter of intent (LO) with The State of Piauí, Brazil, for the production and expo
As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as
French shipping major CMA CGM has revealed the names of its new terminals in the United States as the company embarks upon a $600 million upgrade at “Port Liberty New York” and “Port Liberty Bayonne”. The terminals were acquired by CMA CGM from Global Container Terminals (GCT) in December 2022. The
Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant investments. DP World said that the Sukuk was oversub
Laura Maersk, the world’s first green methanol-powered containership owned by Danish Shipping giant A.P.Moller Maersk, has visted the Port of Gothenburg.
The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ
The Port of Galveston has secured a $1 million grant for a shore power pilot project in partnership with Texas A&M University at Galveston aimed at reducing emissions from cargo shipping operations. Funded by the Texas Commission on Environmental Quality (TCEQ), the pilot will include establishing a
