Latest News for: Shipping investment


Japan Commits to Funding Production of Hydrogen and Ammonia Fuels

The Maritime Executive 07 Jun 2023
As the push for clean fuels gains traction, Japan is making a large investment betting on hydrogen to decarbonize its critical industrial sectors ... Currently, the container shipping sector is investing in methanol-ready boxships with more than 80 ships on order including for Maersk, CMA CGM, and COSCO.

Majority of global maritime industry underestimates the negative impact of biofouling

Tanker Operator 07 Jun 2023
Just over a third of shipping companies (38%) said they invest in biofouling solutions outside of dry-docking, a process which tends to be conducted in five-yearly cycles ... Lack of awareness and cost-limitations were cited as the main reasons why 62% of shipping companies only invest in biofouling solutions during the dry-docking period.

ETMarkets Management Talk

The Times of India 07 Jun 2023
“We are looking at estimated investments of Rs 375 crore across rail, ships, warehousing space, containers and other assets ... We are looking at estimated investments of Rs 375 crore across rail, ships, warehousing space, containers and other assets.

Wilhelmsen to solidify $528m stake in Hyundai Glovis through share offer

Tradewinds 07 Jun 2023
Norwegian shipping and investment group Wilh Wilhelmsen Holding ...

Ardmore Shipping orders carbon capture ready Filtree systems

SAFETY4SEA 06 Jun 2023
Ardmore Shipping announced that it has ordered Value Maritime’s (VM) carbon capture ready and emissions-reducing Filtree systems, including the Clean Loop system, for a further three MR Tankers ... The value, instant impact on ship’s emissions and quick return on investment is clear for us to see, and we’re heartened that Ardmore Shipping sees it too.

Valenciaport joins the climate action of the world’s major ports

Hellenic Shipping News Worldwide 06 Jun 2023
... in new fuels and with the planning of greener shipping corridors.

PH to host largest seafarers' union summit

The Manila Times 06 Jun 2023
It will also consider the risks to shipping and global trade inherent in industry transformation and the investments and changes that will need to be made to ensure that sufficient numbers of skilled seafarers are available to fulfill the requirements of shipping in 2050.

Kongsberg showcases new platform supply and anchor handler ship designs

Splash24/7 06 Jun 2023
“Our ship designs continue to evolve, and changes to regulations and uncertainty around preferred fuels have driven the demand to create ships that are ready for the future and give owners the confidence to invest, knowing their ships can adapt to meet future requirements,” he added.

Port authority leaders remain committed to expanding ship channel

Victoria Advocate 06 Jun 2023
Efforts to widen and deepen the Matagorda Ship Channel hit a wall in December when the U.S ... The port is talking to leaders of green energy projects, who can altogether invest $3 billion to $5 billion in the Crossroads if the ship channel is widened and deepened, Hausmann said ... Matagorda Bay pilot speaks on benefits of expanding the ship channel.

Disney Doubling Down on Private Island Concept With New Bahamas Cruise Retreat

Tyler Morning Telegraph 06 Jun 2023
The three largest cruise ship lines saw $900 million a month drain into the ocean during the pandemic ... The ships sailing the initial itineraries headed to the island will depart from Port Canaveral, Florida, about a 70-minute drive from Walt Disney World ... Disney is one of many companies with a private island for its cruise ships.

Industry collaboration needs listening: What do shippers have to say?

Seatrade Maritime News 06 Jun 2023
There can be no maritime trade without cargo to ship ... There can be no maritime trade without cargo to ship ... This becomes particularly relevant for the shipping and aviation sectors, which are some of the hardest to decarbonise ... to invest in remains as a question yet to be answered.

Empowering Women Entrepreneurs: Ncourage Honors Courageous Women At Rice Business Plan Competition 2023

MENA FN 06 Jun 2023
(MENAFN - EIN Presswire) Atma Leather & Thryft Ship, winners of the 2023 nCourage Courageous Women Entrepreneur Investment Prize nCourage Entrepreneurs has awarded two teams, Atma Leather (Banofi ... .

Regulatory support critical for aviation’s green energy transition: IATA

Journal of Commerce 06 Jun 2023
The air and ocean shipping sectors have set out their decarbonization agendas, but policy help is urgently required to underpin investment in new fuel technology and production, a global trade group says ... .

BUSINESS: What is Identity Theft? Part 1

The Huntsville Item 06 Jun 2023
Identity theft is when someone steals your personal information and uses it without your permission ... There are many ways identity thieves can steal your information. Here are some ways that they do this ... Be smart and invest in a good anti-spyware software with a good anti-virus program. Be very careful when shipping, paying bills and banking Online.

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