Australia and Singapore have begun talks to build a Singapore-Australia green and digital shipping corridor by the end of 2025.Australia’s Department of Infrastructure, Transport, Regional Development, Communications and the Arts (DITRDCA) and the Maritime and Port Authority of Singapore (MPA) ...

Unnerved US economists and state officials have warned of imminent shipping bottlenecks and increased inflation for the US economy due to unprecedented levels of drought in the Panama Canal.An inordinate decline in water levels at the Gatun Lake, which supplies the canal with fresh water, has res...

Swiss marine power company, WinGD, and Japanese shipbuilder, Mitsubishi Shipbuilding Co., Ltd. have signed a Memorandum of Understanding (MoU) to enter into a partnership on ammonia-fuelled vessels.The project will see WinGD applying its X-DF-A ammonia-fuelled engines to a range of vessel designs...

Global port developer and operator, Hutchison Ports, has set a target of 2035 for its three UK ports to achieve net-zero for Scope 1 and Scope 2 emissions.Hutchison Ports operates the Port of Felixstowe, Harwich International and London Thamesport.The Port of Felixstowe commissioned two new 11 Ki...

Yang Ming Marine Transport Corp. and HD Hyundai Heavy Industries Co. Ltd. have signed a new shipbuilding contract for five 15,500 TEU LNG vessels.The contract signing was conducted by Yang Ming’s Chief Marine Technology Officer, Captain James Jeng, and Hyundai Heavy Industries’ Executive Vice ...

DP World has cut direct carbon emissions from its global operations by 5 per cent in 2022, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon neutral target.The ESG report, published on 26 May, has been developed in accordance wit...