IMO MEPC77 Fails To Revise Current GHG Target For 2050

IMO MEPC77 Fails To Revise Current GHG Target For 2050
The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the global shipping industry. Further revision of the target will not take place until 2023. The IMO 77th...
Read More

Rizhao Port And Rio Tinto Strengthen Cooperation

Rizhao Port And Rio Tinto Strengthen Cooperation
Rizhao Port inked cooperation framework agreement with miner Rio Tinto to expand iron ore and supply chain services. The two parties will establish an exchange and communication mechanism for port safety management and environment protection, and jointly explore...
Read More

South Korea Proceeding With Privatization Of HMM In 2022

South Korea Proceeding With Privatization Of HMM In 2022
The South Korean government confirmed that it is proceeding with a plan to return ownership of HMM, Korea’s large shipping company, to private investors in 2022. The move will come six years after the government through its investment banks stepped in to save the...
Read More