PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container operations.

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to collaborate in the areas of decarbonization, digitalization, and human resources development.

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), has signed Memorandums of Understanding (MOUs) with Færder Tankers and BW Epic Kosan, to develop ammonia-fuelled carriers.

A new study by the Curtin University on the aftermath of the MV Wakashio oil spill finds that long-term monitoring and further studies are needed to understand the impact of Very Low Sulfur Fuel Oil (VLSFO) spills. 

Seven incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC during the week of 19–26 November 2024.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has issued an updated version of its Fuel Pathway Maturity Map, providing an overview of the advancements and challenges in sustainable fuel pathways.

MSC has transitioned from traditional analog procurement methods to a digital platform by Source2Sea for managing the supply of provisions, stores, spare parts, chemicals, paints, and lubricants across its fleet. 

Lloyd’s Register Group (LR) has completed the acquisition of Ocean Technologies Group (OTG) from the European private equity firm Oakley Capital. 

According to Vortexa's Market Analyst, Xavier Tang, the upcoming Mediterranean Emission Control Area (ECA) will likely tighten ULSFO supplies in the region and free up VLSFO supplies for the East.

This week, the Panama Canal Authority has announced the deployment of the Isla Barro Colorado tug equipped with a hybrid propulsion system with 445 kW batteries.