Powering its ships with green methanol will come with a significant increase in fuel costs for Maersk, but the carbon-free fuel offers greater scalability than other options.
03 May 2022
The number of LNG-powered dual-fuel vessels ordered by major carriers has risen sharply in the past year, but so has opposition from environmental groups that say the newbuilds will lock in fossil fuel production for decades.
27 Apr 2022
Rates and volumes may ease through the second half of the year, but there will be no relaxing of the disruptions faced by supply chains on the major trade lanes, says DSV.
26 Apr 2022
Maersk has signaled that another exceptionally profitable year is on tap after the carrier dramatically upped its 2022 earnings forecast.
01 Apr 2022
Maersk Supply Service has ordered a new wind turbine installation vessel to build offshore wind projects on the US Atlantic seaboard.
10 Mar 2022
Maersk has signed strategic agreements with global green methanol producers as it accelerates progress towards revised greenhouse gas emissions targets.
07 Mar 2022
Strong demand and port and inland logistics bottlenecks continue to tie up ships on the major trades, while carriers inject capacity to cover the disruption.
09 Feb 2022
The $1.6 billion acquisition of Pilot Freight Services gives Maersk greater power to integrate ocean, air, and land-based services from the first to last mile.
09 Feb 2022
By expanding contracts negotiated directly with shippers, Maersk is automatically reducing the amount of business available to forwarders.
27 Jan 2022
A strategic takeover by Xeneta will give shippers active in the volatile air freight market access to dynamic load factors, capacity, and rate information.
26 Jan 2022
Port congestion across the world’s key trade lanes is tying up capacity and destroying the schedule reliability of vessels, with global on-time performance hitting a record low last month.
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