News

By Alexander Whiteman (The Loadstar) – Environmental lobbyists have derided “ambitious” CO2 reduction plans announced by four international shipping

By Eveline Danubrata and Cindy Silviana JAKARTA, June 23 (Reuters) – With its towering new cranes and wharves that can handle some of the world’s

By Laura Blewitt (Bloomberg) — The hottest trade in the U.S. gasoline market is starting to cool. As America’s U.S. Gulf Coast refining complex seeks

By Gavin van Marle (The Loadstar) – The South African Competition Commission has rejected the merger of the container divisions of NYK, MOL and K

President Donald Trump has announced his intention to nominate Mark H. Buzby of Virginia to the position of Maritime Administrator at the Department of

Four prominent international trade associations have banded together in issuing a joint proposal to the UN International Maritime Organization (IMO) concerning

By Nikki Ekstein (Bloomberg) — Want to cash in your SPG and Marriott points for a yacht cruise? That may soon be possible, as Ritz-Carlton, Marriott

LONDON, June 22 (Fitch) Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental

By Fred Pickhardt (Ocean Weather Services) – Given the unusual occurrence of 3 named tropical cyclones prior to the end of June, one might ask what

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy, which has already shut energy production in the Gulf of Mexico, disrupted shipping and forced

By David Fickling (Bloomberg Gadfly) — While wedding bells have been ringing out across the global shipping industry, Taiwan’s biggest container

The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore

Two international shipping companies have pleaded guilty in U.S. federal court in Beaumont, Texas to violating the Act to Prevent Pollution from Ships (APPS)

By Alister Doyle OSLO, June 21 (Reuters) – One of the biggest icebergs on record is like a “niggling tooth” about to snap off Antarctica and

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy has halted service at a major oil terminal in the Gulf of Mexico, prompted some evacuations at

Rolls-Royce and global towage operator Svitzer have demonstrated what is believed to be the world’s first remotely operated commercial vessel, Svitzer

LONDON, June 20 (Fitch) Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable

  By Tim Kelly and Kiyoshi Takenaka TOKYO, June 20 (Reuters) – The United States Coast Guard will on Tuesday start interviewing the crew of a

COPENHAGEN, June 20 (Reuters) – Port operator APM Terminals, part of A.P. Moller-Maersk, said it will cut 160 staff at its Gothenburg terminal in Sweden,

By Mike Wackett (The Loadstar) – There is a “high likelihood” of a new wave of M&A activity involving medium-size ocean carriers, as the gap