Supply Chain - Shipping

ADM Profit Tops Estimates On Good Ethanol Margins, Brazilian Exports

Global grains merchant Archer-Daniels-Midland Co beat Wall Street expectations for third-quarter profit on good ethanol and sweetener margins and strong Br...

Shipping Industry Off Track To Meet 5% Zero-Emission Fuel Target By 2030

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found.

Shipping Rivals CMA CGM, Maersk To Collaborate On Green Fuels

Container shipping giants CMA CGM and Maersk said they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of meth...

Hapag-Lloyd Sees Net Profit Fall Two Thirds In First Half

German container shipper Hapag-Lloyd has posted a net profit of €2.9 billion for the first half of 2023, down by 67% from a year earlier, but maintain...

Maersk Posts Second-Quarter Profits Above Forecast, Adjusts FY Guidance

Shipping group A.P. Møller-Mærsk has reported second-quarter earnings above expectations, and adjusted its profit guidance for the full year u...

Countries Adopt New Shipping Greenhouse Gas Emissions Target

Several countries have adopted a revised greenhouse gas (GHG) strategy for shipping that sets a net zero emissions target 'by or around 2050', which was vi...

Maersk Secures Fuel For First Methanol Container Ship Journey

Denmark's Maersk has secured fuel for the first container vessel able to run on carbon-neutral methanol for its inaugural journey from South Korea to Denma...

Grain Trader Viterra In Talks To Merge With Bunge: Source

Global grain trader Viterra is in talks to merge with US rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would resha...