World Maritime News

World Maritime News (102)

May 14, 2025

Container trade braced for negative growth if US-China trade war persists Container trade growth for 2025 could fall into negative territory if the Sino-U.S. trade war drags on for more than a quarter, as Beijing signals a willingness to talk. In its latest market report, Clarksons pointed out that if the current high tariffs continue for around three more months before the two countries reach some kind of easing agreement, then the main flows of this vital transpacific trade will slide 10% ove

World Maritime News (101)

April 30, 2025

Rotterdam implements track and trace standard Rotterdam has become the first major port to implement the Digital Container Shipping Association’s Track and Trace standard into its port community system to improve container tracking. The standard allows cargo owners to know the whereabouts and status of their goods from door to door, regardless of the IT systems or logistics service providers they use. This implementation came through a collaboration between the Dutch Ministry of Infrastructure,

World Maritime News (100)

April 16, 2025

Topics on MEPC 83 The International Maritime Organization has approved a carbon price for global shipping that would force ships to cut their carbon intensity by 65% by 2040. Countries voted 63-16 on Friday morning in favor of a compromise plan that Pacific Islands and green groups lambasted as too weak to meet IMO green targets, and petrostates decried as too onerous. The two-tier credit trading scheme and fuel standard, known as J9, would force ships to reduce their fuel’s carbon intensity ov

World Maritime News (99)

April 02, 2025

CMA CGM partners with SIPG and Shanghai Electric on bio-methanol supply CMA CGM has signed a long-term agreement with Shanghai International Port Group and Shanghai Electric to secure methanol fuel supplies. Under this agreement, Shanghai Electric will supply the French shipping giant with bio-methanol produced at its Taonan base in Liaoning Province. It will be transported via a land-sea network to the port of Shanghai — the world’s busiest container port. Although LNG has re-emerged as shipow

World Maritime News (98)

March 19, 2025

Wan Hai considers switching from methanol to LNG Taiwanese carrier Wan Hai Lines is considering switching a series of orders from methanol to LNG power amid a growing trend of newbuilding orders favoring LNG dual-fuel engines, the carrier told Lloyd’s List. Responding to inquiries about possible renegotiations with South Korean shipyards to switch from methanol to LNG engines for eight 16,000 teu containerships ordered last October, Wan Hai, vice-president of the operation division Laura Su tol

World Maritime News (97)

March 05, 2025

A third of shipping will run on ammonia, MAN predicts MAN Energy Solutions has hailed promising test results on the rollout of its ammonia engines, which are set to go on sale at the end of 2026. The German engine maker said more than 300 single-cylinder and full-scale engine tests in the past 18 months had showed NOx emissions down 40%-50% compared with diesel and CO2 equivalent greenhouse gas emissions down by 90%. Compression, combustion and expansion characteristics were similar to those of

World Maritime News (96)

February 19, 2025

Boxship orderbook set to pass 9m teu with more newbuildings in the pipeline Taiwan’s Evergreen, Wan Hai Lines and Yang Ming are all understood to be discussing new vessels with shipbuilders. French container line operator CMA CGM and Germany’s Hapag-Lloyd are also said to be in talks about additional newbuildings. France’s CMA CGM is rumoured to be in discussions for up to 12 LNG dual-fuel boxships of 18,000 teu. Hamburg-headquartered container line Hapag-Lloyd is said to be in discussions with

World Maritime News (95)

February 05, 2025

Maersk and Hapag-Lloyd launch Gemini Cooperation The new Gemini Cooperation between Maersk and Hapag-Lloyd will launch on February 1, more than a year after it was announced. When all vessels are fully phased into the new schedule by June 2025, the alliance will boast 57 services and a capacity of 3.7m teu on around 340 vessels. Those 57 services will comprise 29 mainline routes and 28 inter-regional shuttles, utilizing the alliance’s “hub and spoke” strategy. This relies on key ports, or hubs,

World Maritime News (94)

January 22, 2025

Singapore breaks bunker sales record Bunker sales in Singapore registered a new high of 54.92m tonnes in 2024, an increase of 6% on 2023's figure. According to the Maritime and Port Authority of Singapore, the world's biggest bunkering hub supplied more than a sixth of the total fuel used by global shipping last year. Alternative bunker sales topped 1m tonnes for the first time, reaching 1.3m in 2024. The more than 100% increase in 2023 was driven mainly by biofuel blend sales, which grew from

World Maritime News (93)

January 08, 2025

Busan to undergo $10bn transformation into ‘megaport’ South Korea will invest 14trn Won ($9.8bn) to transform Busan into the world’s biggest container port. The Ministry of Oceans and Fisheries announced plans for the country’s biggest port today, which include building an entirely new port near Jinhae. When unified with Busan, the ministry said the so-called “megaport” would be the world’s biggest. When the project is completed in 2045, Busan will be able to berth 30,000 teu vessels, larger th