Shipping - Page 59

Shipnext will receive an initial grant of €400,000 in the coming months

Far East India Express (FIX1) service will commence the first direct connect between Chennai and East Asia/China

Canada is India’s second-largest trade partner for potash, and the world’s largest producer and exporter

Carrier partners supporting plan have set goals to deploy reduced or zero lifecycle carbon capable ships by 2025

Flexibility by choosing 3-6 month agreements over 1-2 year contracts might allow shippers to leverage opportunities

Solar power plant to generate 22 million kwh of electricity annually to meet 80% of terminal’s power requirement

Hapag-Lloyd starts rollout of Starlink to its fleet this year, enhancing efficiency and safety of the fleet

Maersk & CMA CGM will work together to develop use of alternative greener fuels for container vessel propulsion

Carriers adopt slow steaming to manage tonnage; cost of moving empty containers, especially to Asia, remains significant

German billionaire Klaus-Micheal Kuehne had expressed interest for port company, MSC offers bid of €16.75/share

Imports, exports rise as Los Angeles Port shows first YoY gains in 13 months

Maersk has 24 additional methanol vessels on order for delivery between 2024 and 2027