Shipping giant has placed an order for 20 wind-assisted propulsion systems to be installed on five of its medium range tankers in an effort to reduce CO2 emissions.

International Container Terminal Services, Inc.’s (ICTSI) chairman and CEO Enrique K. Razon Jr. has accused Danish shipping ...

BusinessWire India Chennai Tamil Nadu [India] 13 The AP Moller Relief Foundation a Danish philanthropic foundation donated US ...

The technology works by dragging air across each sail's surface, and then through small perforations to generate lift and ...

Port of Salalah – a major Omani logistics hub overlooking the Indian Ocean - is banking on the launch of the Gemini Network, ...

Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping ...

Amazon (AMZN, Financial) and IKEA are working with 36 other firms, including other shippers, to increase demand for ocean ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

For many years, the North Atlantic Ocean warmed more slowly than other parts of the world. In 2023, that changed — ...

The Government of Canada has announced funding of up to $30 million (USD $21.5 million) for three ‘green shipping’ projects ...

APM Terminals, a unit of Danish shipping company Maersk’s Transport and Logistics division, claimed that ICTSI should have ...

The Freight and logistics Market, valued at USD 14.85 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 3 ...