Global shipping leaders call for action to create sustainable industry

Forum for the Future's Sustainable Shipping Initiative (SSI) brings together some of the biggest names in the maritime sector to plan how it can contribute to – and thrive in – a sustainable future.  Members include: ABN Amro, BP Shipping, Cargill, DSME, Gearbulk, IMC, Lloyd's Register, Maersk Line, Morgan Stanley, Rio Tinto Marine, RSA, Tsakos Energy Navigation, … [Read more...]

EU Raids Shipping Companies in Anti-Trust Probe

BRUSSELS—The European Commission raided the offices of shipping lines in a probe of possible price fixing, the first step in an investigation that could lead to fines totaling more than a billion dollars. Denmark's A.P. Moeller-Maersk A/S, the world biggest container carrier by volume; No. 2 CMA-CGM SA of France; and No. 4 Hapag-Lloyd AG of Germany said officials … [Read more...]

Journal of Commerce ranks Top 40 Container Lines

The Journal of Commerce has just released it's rankings of the Top 40 Container Lines by import and export volumes based on data from the first nine months of 2010.  While the JoC website strictly restricts it's content to "member's only", here is the press release telling a little about this year's list.  If any of its dedicated members want to hint at the top 10 in the … [Read more...]

Foreign Flag or Flag of Convenience?

Foreign Flag or Flag of Convenience? by Ian Bowles During the glory days of empire and famous shipping lines, it would have been easy for nationalistic tendencies to come to the fore. Easy to look down one's nose at others, but at the same time though, have a mutual respect for one's equals. Thus it came to be that there could be two main types of national ensign; one that is … [Read more...]