Costamare Orders Eight Newbuild Containerships, Expands Dry Bulk Fleet
U.S.-listed Costamare Inc. (NYSE: CMRE) has placed new shipbuilding orders for eight containerships backed by long-term charters and the acquisition of more
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U.S.-listed Costamare Inc. (NYSE: CMRE) has placed new shipbuilding orders for eight containerships backed by long-term charters and the acquisition of more
Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China
The bipartisan “Ocean Shipping Reform Act” (H.R.4996) passed the U.S. House of Representatives on Wednesday by a bipartisan 364-60 vote. The legislation
By Mike Wackett (The Loadstar) – Nearly a quarter of the scheduled port calls of Asia-North Europe alliance loops were omitted in the past five months,
PARIS, Dec 8 (Reuters) – France’s CMA CGM said it had agreed to buy most of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities
The U.S. Coast Guard says it stands ready to pursue and prosecute cases of sexual assault on board U.S.-flagged vessels and is encouraging timely reporting to
By Mike Wackett (The Loadstar) – Asian exporters “abandoned” by Maersk are scrambling for deals with rival carriers, inspiring a fresh wave of ad
U.S.-based shipping company Crowley has committed to net-zero greenhouse gas emissions across by 2050 across its entire business. To track progress and
COSCO Shipping Lines says it is not the operator of the MV COSCO Nagoya which lost dozens of containers overboard in the Pacific Ocean last month. The ship is
Federal Police in Brazil have concluded that a Greek-flagged oil tanker was responsible for a mysterious oil spill that fouled large stretches of the
By Maria Caspani Dec 6 (Reuters) – At least 17 COVID-19 cases, including a probable case of the Omicron variant, have been detected among passengers and
By Christian Wienberg (Bloomberg) — AP Moller Holding A/S, which invests the wealth of the billionaire Maersk family, has agreed to buy Covid-19 test
By Mike Wackett (The Loadstar) – Ocean carriers face ‘Hobson’s choice’ on the containership charter market: agreeing to owners’ hugely inflated
Organizations and unions from across the transportation sector are warning that world leaders’ knee-jerk reactions to the Omicron variant of COVID-19 are
TOKYO, Dec 3 (Reuters) – The world’s first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late
By Andrea Januta Dec 3 (Reuters) – Climate scientists have long debated whether the North Atlantic has experienced more frequent hurricanes over the last
AkzoNobel’s Marine and Protective Coatings business has reaffirmed its commitment to Africa Mercy, one of the largest civilian hospital ships in the world,
By Deisy Buitrago CARACAS, Dec 2 (Reuters) – A cargo of Iranian condensate intended for Venezuela’s state-run oil company, PDVSA, the fourth
For maritime industry participants, December is a time for looking backward- what happened in the past 12 months, and looking ahead, at what might happen in
While the benefits of cultivating workplace diversity are tangible, the obstacles to doing so are less obvious and more important, and some kinds of companies
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