Birth of a new order

Weaker market impacts CMA CGM’s Q1 results, with a 7% decline in revenues and a more than 30% profit decrease compared to the strong Q1 performance of the previous year.

Scan Global Logistics and Hapag-Lloyd partnered on a multimillion-dollar ocean biofuel initiative, advancing their shared sustainability goals.

K Line wraps up maiden trial of marine B100 biofuel aboard the car carrier Apollon Highway.

Hapag-Lloyd’s Q1 2024 saw a Group EBITDA of US$942M, a decline in EBIT to US$396M, and profit to US$325M, despite a 6.8% rise in transport volumes to 3M TEU.

NYK Line and the Global Centre for Maritime Decarbonisation (GCMD) to study the long-term effects of continuous biofuel usage on vessel operations.

Hapag-Lloyd partners with IKEA to reduce CO2 emissions from Asian shipments by using eco-friendly biofuel, targeting 100,000 tons reduction in 2024-2025.