9123 results
By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of …
By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at $60 a …
Op-Ed By Rear Admiral Nadeau (US Coast Guard, Retired) Efforts to decarbonize the maritime industry are underway. The shipping industry has faced and overcome significant hurdles in the past. Just …
By Sam Norton, New England governors are clamoring for Energy Secretary Jennifer Granholm to support waivers to the Jones Act, a law requiring that cargo shipped between two U.S. ports …
By Sarah McGregor and Matthew Winkler (Bloomberg) — The chief of the busiest US West Coast port expects a new labor contract for dockworkers in the region to be reached …
By Jan Strupczewski BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil – an idea of …
By Mike Wackett (The Loadstar) – Since August 2020, MSC Mediterranean Shipping Company brokers have completed the acquisition of nearly 250 second-hand containerships to usurp 2M partner Maersk as th
Dutch shipbuilder Damen and Caterpillar Inc. have signed a memorandum of understanding for the development of a new series of methanol-powered tugs. The MoU follows Damen’s recent delivery of its …
Speaking at the Marine Money ship finance forum in New Orleans, a representative of VesselsValue said he is optimistic about the offshore industry for the first time in years. “For …
A.P. Moller – Maersk and IBM have announced their decision to abandon their blockchain-based global trade platform known as TradeLens after it failed to generate enough users. Maersk launched TradeLe
By Jennifer A. Dlouhy (Bloomberg) — Planned wind projects off the New England coast threaten to harm the region’s dwindling population of endangered right whales, according to a US government …
By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first time, forcing vessels to pay for their …
On the floor of the International Workboat Show in New Orleans, the American Bureau of Shipping (ABS), a leading international classification society, today launched ABS Wavesight™, described as an “i
The World Shipping Council, representing the international liner shipping industry, has issued a response to the preliminary agreement by the European Parliament, Council and Commission to include the
The American Maritime Partnership, representing the domestic maritime industry, has sent a letter to New England governors urging them not to rely Jones Act waivers to help reduce energy costs …
By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to unprecedented levels. The …
By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality …
Coordinated raids were carried out this month across Europe and the United Arab Emirates (UAE) against a criminal “super cartel” involved in large-scale drug trafficking and money laundering in Europe
The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters for the sector and further …
By Mike Wackett (The Loadstar) – Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a rebound in demand for …
