12 April 2021

Latest Updates - Maritime Shipping - 12th April, 2021

Latest Updates - Maritime Shipping - 12th April, 2021
CMA CGM Is Prepared To Launch First Liner Operating On Methane This Coming May Hailing from France, the renowned container line CMA CGM is all set to introduce its very first liner run on methane in the month of May 2021. The French maritime organization is taking a huge leap by investing in an incredible quantity of 12,000 tonnes of biomethane fuel that will be sufficient enough to charge two LNG-powered vessels (weighing 1,400 teu each) for a whole year. The two LNG-powered ships will be operating between Rotterdam and St.Petersburg on the well-known Northern Balt3 line. CMA CGM is of the opinion that the proper utilization of biomethane will surely prove beneficial in diminishing greenhouse gas emissions by 67 percent, along with the powerful dual-fuel gas-power technology put to great use. The advent of low-carbon shipping in the maritime arena is a huge win for a well-established, global container line like CMA CGM in effectively reducing its carbon footprint. Mundra International Container Terminal Succeeded At Handling 10mn Containers Exceeding 13 Million Teus The Mundra International Container Terminal (as operated by the famous global logistics organization DP World) has been successful in tackling no less than 10 mn containers involving a capacity of 13 million teus to establish its strong position as Gujarat’s first container terminal to record such a remarkable achievement. The Mundra International Container Terminal or MICT has earned its good reputation as the first container terminal in Mundra, which happens to be the largest port on the country’s western coast. Currently, MICT is operating as the gateway for both the North and the Northwest regions of India. Plus, the international container terminal had triggered the container revolution originating in the Kutch region of Gujarat. Gujarat Maritime Board Celebrated 58th National Maritime Day Along With Its Foundation Day The Gujarat Maritime Board has recently celebrated the 58th National Maritime Day as the entire country observes the historical significance on April 5 (the journey began in the year of 1964) as the National Maritime Day to mark the conscious spread and thorough understanding of international economy and commerce, as well. Considered as the frontrunner maritime state, Gujarat is accustomed to handling the country’s seaborne trade by respecting the marine zone of India. Adani Ports Has Reported Total Cargo Volume Of 73 MMT In January-March Quarter Of The Current Financial Year Adani Ports has delivered a top-rated performance by handling a total cargo volume of 73 MMT while evaluating the January-March quarter in the financial year 2021. According to recent reports, the shares of Adani Ports and Special Economic Zone (APSEZ) has experienced a steady increase by 10 percent after the reputed organization had recorded a 41 percent surge in cargo volume business at 26 million metric tonnes. The all-weather, deep-water port of Krishnapatnam is efficient at handling break bulk, liquid cargo, coal, bulk cargo and containers with the help of its up-to-date, multi-cargo facility. Swedish Tanker Organization Stena Bulk Aims To Be A Net Zero Business By The Year Of 2050 The Sweden-based Stena Bulk is ready to achieve its long-term goal of transforming into a net zero business by 2050 promoting marine operations based on zero emissions and opting for cleaner, alternative fuels for continuous fuel supply. Stena Bulk is making a genuine attempt to incorporate low-carbon maritime options by encouraging an in-built carbon emissions offsetting service leading to a 200 percent decrease of carbon dioxide fumes. Sources: https://splash247.com/cma-cgm-opts-for-biomethane/ https://www.maritimegateway.com/dp-world-mundra-handles-10mn-containers/ http://www.eximin.net/NewsDetails.aspx?name=48114 https://www.maritimegateway.com/adani-ports-surges-10-in-march-quarter/ https://www.marinelink.com/news/stena-bulk-targeting-net-zero-emissions-48669

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