Hapag-Lloyd Alerts Customers: EU ETS Surcharge Set to Surge by 100%

Hapag-Lloyd has informed its customers that the existing EU ETS surcharges are expected to “roughly double” starting January 1st, as the scope of the EU Emissions Trading System (EU ETS) expands. The company explained that this increase will be driven by the higher emissions costs resulting from the EU ETS’ expansion, as well as the […]

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VELA Secures €40 Million Funding for World’s Largest Sailing Cargo Trimaran

French startup VELA, launched in November 2022, has successfully raised €40 million ($43 million) in a significant funding round. The capital will enable VELA to construct the world’s largest sailing cargo trimaran, aimed at providing a sustainable transatlantic cargo service for a variety of products, including pharmaceuticals, industrial parts, healthcare equipment, and cosmetics. This financing […]

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