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DP World has welcomed Europe’s largest quay cranes at its flagship London Gateway logistics hub, marking its latest investment to boost the country’s future trading capability. Weighing more than 2,000 tonnes, the giant cranes will come into service at London Gateway’s new £350 million ($442....
Kuala Linggi International Port (KLIP) in Malaysia has announced the commencement of construction for its new port facility.The groundbreaking ceremony, held on 8 February, was performed by YAB Datuk Seri Utama Ab. Rauf Bin Yusoh, Malacca’s Chief Minister, and attended by dignitaries, government...
Mitsui O.S.K. Lines, Ltd. (MOL) has announced that it has completed an insetting trial with 123Carbon B.V. that involves tokenising the GHG emission reductions from the Net Zero Voyage.This enables MOL to distribute GHG emission reductions from the use of bio-methanol as a fuel to clients who are...
Samsung Heavy Industries (SHI) has signed a KRW4.57 trillion ($3.4 billion) contract with a Middle Eastern shipowner to provide 15 LNG carriers with a length of 170,4000 cubic metres (m3) by October 2028.The contract amount reportedly surpasses the company’s previous record for the largest singl...
NatPower H, a company of the NatPower group, has announced a €100 million ($108 million) green hydrogen refuelling infrastructure for recreational boating in Italy, the first of its kind in the nation.This venture envisions the establishment of at least 100 hydrogen refuelling stations over the ...
The International Chamber of Shipping (ICS) has submitted a detailed proposal to the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF).In acknowledgment of the importance of moving forward with feasible solutions to fulfil net zero objectives, shipowners globally ...
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