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Iron ore retreats as mounting concerns on weakening steel demand weigh

Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of softening. The most-traded January iron ore contract on China’s Dalian Commodity...
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A Record September And All-Time Best Quarter At Port Of Los Angeles

The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months. Nine months...
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Wärtsilä’s lead in Cargo Handling Systems continues with contract for four new VLAC vessels

Wärtsilä Gas Solutions, part of technology group Wärtsilä, continues to strengthen its position as a market-leading supplier of advanced cargo handling systems. The latest contract is for four new 93,000 m3 capacity Very Large Ammonia Carrier (VLAC) vessels being...
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Investigating maritime community perceptions of ammonia as a marine fuel

Investigating maritime community perceptions of ammonia as a marine fuel
The International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy has three interlinked ambitions: a reduction in carbon intensity of international shipping by at least 40% by 2030, compared to 2008; the uptake of zero or near-zero GHG emission...
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OceanScore Engages Greek Shipping Community in Key Discussions on FuelEU and Sustainability at Two Major Events in Athens

OceanScore Engages Greek Shipping Community in Key Discussions on FuelEU and Sustainability at Two Major Events in Athens
Last week, OceanScore reaffirmed its commitment to the Greek maritime industry by actively participating in two prominent events in Athens, to share latest insights into FuelEU, as well as conducting on-site workshops with clients to transfer practical knowledge and...
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CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport

CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular waste management solutions, signed a memorandum of understanding (MOU) on 18 October. The aim of this collaboration between two complementary players is...
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