The economic centre of gravity is slowly refocusing on regional developments in South America and Asia, and seeing the mature consumer markets lose out to the emerging economies, but that long-term change is slow and far from linear.

Multinational mining group, Rio Tinto, is to install an OceanGlide air lubrication system developed by Alfa Laval on one of its bulk carriers.

The council will involve youth in the group’s decision making and coordinate with external agencies on youth-related initiatives.

The World Shipping Council (WSC)’s director, US government relations, Joe Kramek will take the role of president and CEO of the liner shipping NGO in July when the long-serving John Butler is due to retire.

Eastern Pacific Shipping and Yinson GreenTech signed a letter of intent to collaborate on electrification of the shipping industry.

SSY Global Head of Research Roar Adland likens algorithms difficulty of dealing with the unpredictability of shipping to that of disabling an autonomous vehicle with a traffic cone.

In setting out its 2030 strategy Hapag-Lloyd plans to continue investing in its core business of container shipping as well as growing its terminal portfolio.

Norwegian ballast water system manufacturer, Optimarin, has acquired Hyde Marine, part of Italy’s Industrie De Nora as the company lays out its corporate development strategy.

Singapore forcecast methanol bunkering demand to exceed 1 million tonnes by 2030 and received a strong response to an expression of interest (EOI) to supply the fuel.