Alphaliner’s report states there is no clear winner when it comes to decarbonisation efforts among container carriers.
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Martina Li
Asia Correspondent
Ocean Network Express (ONE) and Shanghai International Port Group (SIPG) have signed an agreement to jointly promote the development and supply of alternative marine fuels.
ONE and SIPG will jointly explore and develop alternative marine fuels to be supplied to the pan-Japanese operator’s boxships in Shanghai port. ONE said that this not only helps promote the energy transformation and sustainable development of the shipping industry, but also reflects the commitment of both parties in...
https://container-news.com/one-eyes-cleaner-fuel-delivery-in-shanghai/
Maersk marked a significant achievement with the arrival of the large methanol-enabled vessel “Astrid Mærsk” at Yangshan Port in Shanghai.
This milestone event signifies the inaugural green methanol bunkering alongside cargo and bunkering operations in China, facilitated through collaboration with the Shanghai International Port Group (SIPG).
As Maersk commemorates a century of serving China’s foreign trade, the event highlights the company’s commitment to reducing carbon emissions in the...
https://container-news.com/astrid-maersks-first-ever-green-methanol-bunkering-in-china/
South Korean ocean carrier HMM has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on supply cooperation of Clean Marine fuel.
This agreement will focus on bunkering methanol and LNG at Shanghai Port in China, while it also covers supporting carbon reduction goals, promoting global shipping new energy cooperation, and helping shipping energy transformation and sustainable development.
HMM has committed to achieving net-zero emissions for the entire...
French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on 28 February in Shanghai, China.
The cooperation between the two parties has yielded positive results over the recent years, according to the statement, and several achievements have been made in areas such as pioneering LNG bunkering in Shanghai, facilitating the systematic shore powering connections during...
A.P. Moller-Maersk signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic collaboration for the Shanghai Port methanol maritime fuel project.
The two parties will join hands to explore green methanol fuel vessel-to-vessel bunkering operation after the delivery of Maersk’s green methanol container ships in 2024.
The Danish ocean carrier has set a net-zero emissions target for 2040 across the entire business, and the delivery and operation of its 19...
The CMA CGM Group and Shanghai International Port Group (SIPG) signed a long-term strategic collaboration to develop the mass scale use of ‘cold ironing’ technology, the use of onshore power supply for container ships at the Port of Shanghai.
In late November 2022, the CMA CGM Group and SIPG successfully completed the technical trial of the “cold ironing” facilities of Yangshan Terminal in the Chinese port, which involved the CMA CGM’s 13,982 TEU container vessel APL Fullerton and several other...
https://container-news.com/cma-cgm-and-port-of-shanghai-proceed-with-decarbonisation-projects/
Shanghai International Port Group (SIPG) has announced its plans to develop a new container terminal at the Yangshan Deep Water Port in Zhejiang province.
SIPG aims to invest US$7.2 billion in the new box facility, which is expected to have a total annual throughput capacity of 11.6 million TEU, seven 70,000-ton, and 15 20,000-ton container berths.
The construction of the new terminal is anticipated to begin at the end of October 2022 and the project is expected to be ready in the next eight...
https://container-news.com/new-container-terminal-plans-at-shanghai-port/
Shanghai International Port Group (SIPG) is offering a 50% discount on container storage fees to help alleviate the impact of the month-long lockdown on shippers.
The operator of eight terminals in Shanghai will offer the discount on all incoming heavy containerised cargoes, both from overseas and other Chinese ports. However, the discounts do not apply to reefer cargoes.
SIPG stated that it has been implementing solutions to circumvent the challenges caused by the lockdown, and results have been...
Hong Kong-based port and terminal operator China Merchants Port (CMP) has announced the acquisition of stakes in the operator of the Shanghai Port, Shanghai International Port Group (SIPG).
Between 9 March to 19 April, CM Port Development, a wholly-owned subsidiary of CMP, acquired an aggregate of 328,750,659 SIPG shares through on-market purchases on the Shanghai Stock Exchange. The average price per share was RMB5.76 (US$0.89) for an aggregate consideration of RMB1,894 million (US$294 million).
https://container-news.com/china-merchants-port-increases-its-stake-in-sipg/