The cost of the European Union’s (EU) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions, according to the forecasts from International Transport Intermediaries Club (ITIC). The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute l
German container shipping company Hapag-Lloyd is eyeing a potential 4,500 TEU newbuilding vessel with wind-assisted propulsion as part of the company’s R&D activities involving alternative technologies and fuels.
