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Orient Overseas Container Line Ltd. (OOCL) has unveiled a brand new 16,828 TEU container vessel, the ‘OOCL Iris’.This vessel is the second of 10 new 16,000 TEU containerships ordered by OOCL and is the first to be delivered by Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS).The term “Iris...
The Georgia Ports Authority (GPA) has outlined plans to improve operational sustainability for neighbouring communities in Savannah and Brunswick as the driver of three federal grants totalling more than $120 million.A $49.8 million Maritime Administration grant will reportedly help ensure unint...
A.P. Moller – Maersk (Maersk) has inked agreements with three yards for a total of 20 containerships with dual-fuel engines.The vessels have a total capacity of 300,000 TEUs. Maersk has completed the fleet renewal plan’s August 2024 update by placing orders for additional buildings.Anda Cristes...
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a comprehensive Memorandum of Understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to deepen cooperation in the fields of decarbonisation, digitalisation, and human resources development.MOL and MPA have been cooperating in various...
PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore aiming to enhance operational performance.The partnership aims to offer long-term terminal capacity assurance to EMC’s fast-expanding global vessel fleet in PSA Singapore.PSA and EMC will con...
COSCO Shipping, CP Group Co., Ltd., and Freepoint Commodities have inked a Memorandum of Understanding (MoU) on the production of green methanol.Under the terms of the agreement, the three parties commit to intensifying their joint efforts in the area of maritime green energy.By harnessing Southe...
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