Container shipping costs have continued to rise, but the trend has not been uniform across all trades and Drewry is expecting rate levels to fall in the final months of the year. Pricing on Asia origin trades has been buoyed by peak season volumes…
Key initiatives and solutions to be shared at Sustainable Shipping Initiative’s milestone conference on 26th September in Singapore.The Sustainable Shipping Initiative (SSI), a coalition of shipping leaders from around the world, is about…
In Savannah visit, Georgia officials accompany Vice President.After touring the Port of Savannah Monday, Vice President Joe Biden called for expediting port improvement projects on the U.S. East Coast. U.S. Secretary of Transportation Anthony Fox…
The way carriers calculate bunker surcharges is often disputed by shippers, and no more so than now. Drewry Maritime Research explains.Bunker surcharges should, proportionately, have been reducing faster than fuel prices because of the deployment of more efficient ships…
STX Finland, which has seen a deterioration of its shipbuilding base for many years, today announced its latest plan to stem the flow of red ink: a phase out of the Rauma shipyard. Senior management cited the continued bad global economy…
To help transportation and logistics companies navigate a competitive and continually changing business environment, UNIT4 Business Software, the North American subsidiary of UNIT4, today shared its UNIT4 checklist on innovative practices for…
London maritime business are hiring again, according to global shipping industry recruiter Faststream. The Southampton headquartered company reports that it has seen a 20% rise since the start of the year in vacancies for commercial positions across a range of business types including shipowners…
TOP Ships Inc. an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three stock purchase agreements with an affiliate of the AMCI…
Deborah Hadden has been appointed Port Director by Thomas P. Glynn, CEO of the Massachusetts Port Authority (Massport). In her new role, Hadden will be responsible for directing the planning, development, marketing, operation, security, financial management…
The fifth annual Iron Ore and Coal World Shipping Summit will take place on October 1 in Athens, Greece.The conference will focus on the maritime transportation of iron ore and coal, making an attempt to forecast the trends of global economy…
Maersk Line’s first 18,000 teu vessel, the Maersk Mc-Kinney Moller, which was doing the rounds on her maiden voyage in Northern Europe last week, has prompted much speculation on her economies of scale, particularly as HHI has just confirmed…
Nautical Bulk Holdings Limited, a newly formed Bermuda-based dry bulk shipping company, has raised in excess of $100 million of equity capital to fund the construction of eight ultramax, eco-friendly vessels under construction by Jiangsu Hantong Ship Heavy Industry…
President of the UK Chamber of Shipping, Kenneth MacLeod, has called for shipping companies in the UK’s Tonnage Tax system to be allowed to train Merchant Navy ratings, not only officers.Shipping companies can apply to be part of the Tonnage…
U.S. Senator David Vitter, the ranking member of the U.S. Senate Committee on Environment and Public Works, joined industry and Louisiana transportation officials here today for the release of a new economic impact report detailing the benefits…
The newly opened Dubai office of worldwide bunker trading company, A/S Dan-Bunkering Ltd., has been open for a few months, and according to the bunker trader has already been very well received in the market. The company reported it has recently hired two new employees…