Members of the European Parliament (MEPs) have supported draft EU rules requiring ship-owners using EU ports to monitor and report CO2 emissions each year. The text establishes an EU-wide system for monitoring, reporting and verification (MRV) of greenhouse gas emissions from shipping…
BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.The new agreement is…
Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike. “The Teamsters union started informational picketing this morning at the Port of Long Beach…
Golden Ocean Group Limited has entered into several agreements concerning its fleet.Golden Ocean has agreed with Ship Finance International Ltd ('Ship Finance') a sale leaseback transaction of eight Capesize vessels currently owned by Golden Ocean…
Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017…
APM Terminals Maasvlakte II held a ceremony to celebrate the opening of the world’s most automated container terminal. The event that was attended by Dutch King Willem-Alexander and 500 representatives of the port industry and governments from around the world…
Israeli liner carrier Zim Integrated Shipping Services is launching a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May. The 10-ship loop will call in South China, Vietnam, Colombo, New York, Savannah and Norfolk…
The Hamburg-headquartered shipping line Hamburg Süd was hit by the economic downturn on the carrier's key markets in Brazil, Argentina and Venezuela. The modest 2 percent increase in cargo volumes is attributed to the less-than-expected…
Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the organization’s companywide environmental stewardship initiatives. The announcement was made during a…
The Cyprus-flagged cargo ship M/V Marathassa — which has been blamed for spilling several thousand litres of bunker fuel into English Bay — has been released by the Canadian Coast Guard. The vessel headed to a berth in Vancouver Harbour…
The Global Shippers Forum (GSF) has joined forces with the Baltic International Maritime Council Organisation (BIMCO) to launch the BIMCO/GSF SERVICECON container shipping contract. GSF is a NGO inaugurated in the UK four years ago but…
The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced. No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17…
Mitsui O.S.K. Lines, Ltd. today announced that its group company in Singapore, Mitsui O.S.K. Bulk Shipping (Asia Oceania) Pte Ltd -which plays a central role in developing MOL Group business in Asia, Oceania, and the Middle East-received…
Shipboard testing to be conducted on the vessel APL England as NEI takes the next step towards full USCG Type Approval for its Venturi Oxygen Stripping (VOS) Ballast Water Treatment System.NEI Treatment Systems announced that the container…
Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.Container shipping companies deal with the volatility in fuel prices by adding a separate…