News

News

An American flag waves in the foreground at this US port, where a cargo ship loaded with containers is berthed beneath giant cranes on a clear blue sky day. The image symbolizes concepts like Made in America, Made in the USA, industry, global economy, pride, strength, power, patriotism, trade, manufacturing, and the idea of getting back to work.

September 18, 2020

US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head to...
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Bosphorus shipping

September 18, 2020

The Baltic Exchange’s main sea freight index rose on Thursday, buoyed by stronger rates across vessel segments. (more…)
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eastcoast_US_ports

September 18, 2020

The trade rift with China and a boost in e-commerce are changing the way cargo comes into the U.S., with a greater share of goods...
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MIDEAST-IRAN-TANKER

September 18, 2020

US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and the Trump administration will keep up pressure on the global...
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EU emissions

September 18, 2020

To decarbonise maritime transport, European Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System. (more…)
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BIMCO_

September 18, 2020

As the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on...
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DP World

September 17, 2020

Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping...
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Diana Shipping

September 17, 2020

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through a separate wholly-owned subsidiary, a...
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Carnival

September 17, 2020

Carnival Cruise Line announced the sale of Carnival Fascination and Carnival Imagination, which had previously been put on long-term lay-up status and removed from published...
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fire-hit tanker

September 17, 2020

Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the owner of the stricken oil supertanker New Diamond for assistance given to...
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Cheniere

September 17, 2020

Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of liquefied natural gas. (more…)
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Hyundai-Samho

September 17, 2020

South Korean shipbuilder Hyundai Samho Heavy Industries Co Ltd said it had delivered the world’s first very large container ship powered by liquefied natural gas...
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maersk-line

September 17, 2020

Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its seaborne...
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bunker

September 17, 2020

Global bunker fuel demand is expected to decrease significantly in 2020 reflecting the impact of the coronavirus pandemic, with tough market conditions amplifying credit risks...
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Eagle_Bulk_Shipping

September 17, 2020

The Baltic Exchange’s main sea freight index fell on Wednesday, pressured by a dip in capesize vessel rates. (more…)
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