News

TotalEnergies Marine Fuels has successfully completed its first refuelling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine biofuel. This first bunker operation marks the start of a term supply agreement between the two companies, which commits TotalEnergies to provide VLSFO (Very Low Sulfur Fuel Oil) blended with […]

AYK Energy, marine battery manufacturer company, has signed a new deal with Holland Shipyards Group (HSG) to supply the zero-emission container vessel, FPS Waal with new equipment. According to Chris Kruger, founder of AYK Energy, the contract will see AYK supply two high-density DNV-approved Aries 88 lithium batteries to the vessel. He also confirmed the […]

Adani Ports and Special Economic Zone (APSEZ), India’s largest port operator, has released its third-quarter and nine-month results for the period ending 31 December 2022. APSEZ carried 252.9 million metric tonnes of cargo from April to December 2022, an increase of 8% year on year. The rise in cargo volume was driven by a 23% increase […]

DP World handled 79 million TEUs throughout its global portfolio of container terminals in the previous year, with its gross container volumes increasing by 1.4% year-on-year. Additionally, the UAE-based operator reported 19.5 million TEUs in the last quarter of 2022. DP World’s flagship box terminal in Jebel Ali saw 14 million TEUs in 2022, which […]

In a year that we saw Maersk falling from the top of the rankings of the world’s largest container shipping companies, the Danish container carrier achieved strong results with increases in earnings and revenues. In particular, Maersk totalled over US$81.5 billion in total revenues in 2022, in comparison to US$48.2 billion in 2021. The Copenhagen-based firm […]

The United States Department of Transportation’s Maritime Administration (MARAD) has announced a Notice of Funding Opportunity (NOFO) making available more than US$662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP). The purpose of the PIDP investment is to modernise the country’s ports and help strengthen the supply chain […]