HMM DELIBERATING TO CONSOLIDATE TERMINAL FOOTHOLD AT PORT OF LONG BEACH

• HMM (formerly known as Hyundai Merchant Marine) is planning to extend its terminal foothold at the Port of Long Beach on the west coast of the United States.
• The decision was reputedly based on the need to expand infrastructure at the port, a vital access to the United States

DENMARK’S MAERSK AIMS TO REDUCE CARBON EMISSIONS BY 2050

Highlights –

• Maersk is aiming for reduced carbon emissions in the shipping industry.
• It plans to build a research center in Denmark concentrating the same.
• The shipping industry accounts for around 3% of global carbon emissions.
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