Previous close | 18,332.92 |
Open | 18,555.00 |
Bid | N/A x N/A |
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Day's range | 18,555.00 - 18,740.00 |
52-week range | 18,555.00 - 18,740.00 |
Volume | |
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Beta (5Y monthly) | 1.30 |
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1y target est | N/A |
The port of Rotterdam has for the first time refuelled a methanol-powered container ship as the shipping industry turns to the technology to cut its emissions, methanol producer OCI Global said on Tuesday. The Maersk-owned ship began its 21,500 km (13,359 mile) journey to Copenhagen from South Korea's Hyundai Mipo Dockyard on July 10. It also refuelled in Singapore, another major shipping hub before its stop-over on Tuesday in Rotterdam, Europe's largest port and ship-refuelling hub, as the entire voyage is powered by green methanol.
A container ship has refuelled with bio-methanol at the world's largest bunkering hub Singapore, the first such operation to have taken place at the city-state, its port authority said on Thursday. The vessel, owned by Denmark-based A.P. Moeller-Maersk, was filled with about 300 metric tons of bio-methanol supplied from Hong Lam Marine Ltd's tanker, the Maritime and Port Authority of Singapore said in a statement. The move marks a step towards the city-state's ambitions to meet net-zero shipping emission targets by 2050 by increasing supply of cleaner bunker fuels to ships.
Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesday. In a new initiative, leading carriers Evergreen Line of Taiwan, South Korea's HMM, Denmark's Maersk, Germany's Offen Group, Singapore's ONE (Ocean Network Express), Hong Kong's Seaspan as well as British ship certifier Lloyd's Register said they are looking into feasibility studies to understand how cargo is loaded and also monitored at sea, as well as finding solutions to detect fire onboard ships and speed up ways to stop it spreading. "The initiative seeks to provide proof-points that emerging tech may be used to improve response times over the existing regulatory requirements, leading to enhanced vessel safety."