Author Archives: 20Cube

CMA CGM announces rate restoration initiative for North Europe to US routes

Container line CMA CGM has announced the implementation of its Rate Restoration Initiative 5 (RRI05) starting August 15. This initiative will affect all…
Continue reading

IMO’s EEXI and CII regulations drive maritime emissions reduction

The International Maritime Organization (IMO) began enforcing the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations on January 1,…
Continue reading

Singapore’s GCMD completes final biofuel trial with Hapag-Lloyd and BP

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has successfully concluded its final biofuel trial in collaboration with German container firm Hapag-Lloyd and energy…
Continue reading

India and Korea set to finalize the FTA this year

Negotiations to enhance the existing India-Korea free trade agreement (FTA) are progressing, with senior officials from both countries discussing key issues, aiming to…
Continue reading