French shipping and logistics major CMA CGM has, with the support of the Maritime and Port Authority of Singapore (MPA), started biofuel bunkering in Singapore as part of its global trial to scale up the wider adoption of clean energy.

Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

A new alliance has been formed to construct the first all-electric, zero carbon emission harbour tug in the Asia Pacific region.

Japanese shipping company Kawasaki Kisen Kaisha (K Line) and Daito Corporation have revealed their plan to launch K Line’s first finished vehicle terminal in Japan.