ZIM expands partnership to offer flexible financing solutions to customers

ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced yesterday the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas’ flexible digital financing solution via ZIM’s website as well as Ship4wd’s, ZIM’s award-winning digital freight forwarding subsidiary. The expanded collaboration demonstrates ZIM’s commitment to transforming traditional shipping practices into the digital era […]

UK transport support package for Ukraine includes seafarer training

A new package of UK support, announced by the Transport Secretary this week (21 June), will help Ukraine’s transport system recover from Russia’s illegal invasion. With access to Ukrainian ports limited due to Putin’s aggression, the UK Government will fund cutting-edge virtual reality training for seafarers in Ukraine. Virtual reality, provided through VR headsets, may […]

Maersk to pioneer first container vessel conversion to methanol dual-fuel engine

As the first in the shipping industry, A.P. Moller – Maersk (Maersk) will retrofit an existing ship to a dual-fuel methanol-powered vessel and thereby able to sail on green methanol. The first engine retrofit in the industry is scheduled to be conducted medio 2024 and it is the intent to replicate on sister vessels when […]

Carbon capture project by Wah Kwong and Qiyao Environ Tec receives AiP from Bureau Veritas

Bureau Veritas (BV) has delivered an Approval in Principle to Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, for a carbon capture and storage (CCS) project onboard two Wah Kwong vessels. The AiP, which was delivered at a […]

Joint LR/Arup study points up many benefits to Canada of investing in green corridors

A new study from global sustainable development consultancy Arup, in partnership with Lloyd’s Register (LR) Maritime Decarbonisation Hub, demonstrates the many benefits that Canada could obtain from investing in infrastructure that would enable the uptake of low and zero emissions shipping fuels. As Canada faces an unprecedented wildfire season, the urgent need for climate action […]

Delivery of marine biofuel oil in the port of Singapore completed

ExxonMobil successfully completed a commercial marine biofuel oil bunkering in the port of Singapore on 1st April 2023. Evergreen Line’s vessel, EVER ULYSSES, received ExxonMobil’s marine biofuel oil blend via a ship-to-ship transfer in Singapore waters before heading to the discharge port. The marine biofuel oil is a combination of a conventional 0.50% sulphur fuel […]