News

  Left to Right: Soren Skou, CEO of Maersk and incoming CEO Vincent Clerc Since 2016 Soren Skou has led the transformation of A. P. Møller – Mærsk A/S (Maersk) from a diversified conglomerate to an integrated logistics company and set the business on a new growth trajectory. Vincent Clerc, currently CEO of the company’s

  In an open letter to decision-makers in Brussels, the World Shipping Council (WSC) together with Danish Shipping and the Methanol Institute urge decision-makers to reach an agreement on the FuelEU Maritime which will help reduce shipping GHG emissions. The liner sector, including container and vehicle carriers, are leading decarbonisation investment in new fleets that

  The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, states the Maritime Decarbonization Strategy, a new report published today by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The report urges companies, governments, and individuals across the globe

  Unions representing seafarers and maritime employer groups have entered into a new memorandum of understanding (MOU) to continue their working relationship throughout the pandemic to combat issues such as the crew change crisis.The MOU will take forward the “spirit of cooperation” between the International Transport Workers’ Federation (ITF), the International Chamber of Shipping (ICS),

  The Container-News platform today reported that COSCO Shipping Lines has withdrawn its express China-Canada-US intermodal service that was launched in October 2021, as carriers continue to trim capacity in response to falling demand and plunging freight rates. Container News said it was informed that the CEN-EXPRESS service had its last sailing when the Xin Ying

  GCT Global Container Terminals Inc. (GCT) has announced that it has entered into an agreement to sell its U.S.-based terminal assets to France’s CMA CGM Group, a global player in sea, land, air and logistics solutions.  GCT currently operates two U.S. terminals: GCT New York on Staten Island, NY and GCT Bayonne in Bayonne,

  According to a report in the JOC.com news platform, container carrier members of the Ocean Alliance are shifting post-Panamax ships from the trans-Pacific and Asia–Europe trades to the trans-Atlantic, as global demand for Asian exports weakens. Although adding capacity will put downward pressure on rates, increasing trade between the US and Europe should buoy

  Canadian Coast Guard Commissioner Mario Pelletier and United States Coast Guard Commandant Admiral Linda L. Fagan have signed the renewed Canada-United States Joint Marine Pollution Contingency Plan to provide a coordinated system for planning, preparedness and response to spills occurring in the waters between the two countries.The Joint Marine Pollution Contingency Plan provides a coordinated mechanism for planning,