Maersk and CMA CGM to partner on decarbonisation

Maersk’s Q1 revenue decreased by US$1.9 billion, mainly from Ocean, while the Logistics & Services and Terminals businesses saw increases of US$33m and US$123m respectively.

MSC is poised to increase size gap over CMA CGM, and Maersk will become the second-largest carrier; Hapag-Lloyd aims to maintain top-5 status.

Cepsa partners with Evos to store green methanol at their Algeciras and Rotterdam facilities, advancing sustainable energy initiatives.

ABS released a guidance document on methanol bunkering for the maritime industry, covering technical challenges, operational strategies, and safety practices.

Hapag-Lloyd and Seaspan plan to convert five container ships to methanol dual-fuel engines, with a total investment of approximately US$120 million.

Leveraging its strategic location within Europe’s largest chemical cluster, the Port of Antwerp-Bruges believes it is equipped to seamlessly accommodate methanol bunkering operations.