DELAY IN SULPHUR CAP IMPLEMENTATION
Indonesia would not switch to low-sulphur fuel from January 1, 2020, due to abundant supplies of 3.5% sulphur content fuel, Reuters said citing the...
SHIPPING SECTOR SETS COURSE FOR ZERO CARBON
The top ports, banks, oil and shipping companies on Monday launched an initiative which aims to have ships and marine fuels with zero carbon...
LEADING BANKS BOOST GREENER SHIPPING THROUGH NEW PRINCIPLES
Leading shipping banks will for the first time integrate climate considerations into lending decisions to incentivize maritime shipping’s decarbonization.
The Poseidon Principles will be a...
Hanjin Collapse an Eye-opener for the Global Container Shipping Industry
How do you kill the business of your competitors in the container shipping business? Well, you just increase the capacity of your own ships...
US Navy seized illegal arms in the Gulf of Aden
The US Navy has seized an un-flagged skiff stuffed with hundreds of automate riffles in The Gulf of Aden, and has handed the sailors...
Chinese Seaborne Imports from the US Affected by Chinese tariffs
Tariffs imposed by China jeopardize immensely the business volume of dry bulk shipping industry. In the last year, China imported 32 million tonnes of...
THE PANAMA CANAL WITNESSES RECORD TONNAGE IN FY – 2018
The Panama Canal crossed a record tonnage of 442.1 million Panama Canal tons (PC/UMS), with a rise of 9.5 percent over the last year....
Uncertain Tanker Market: US Sanction on Iran
After the Prez Trump’s decision to pull out from Iran nuclear Agreement. The “Joint comprehensive plan of action (JCPOA), Iran has been facing a...
Vital Move by DG Shipping
A manoeuvre by DG shipping over providing mandatory sponsorship for all Pre Sea Training courses has been initialized.
This is a massive and thrilling news for...
HAPAG-Lloyd SETS GREEN TARGETS
Moving forward with its sustainability activities, German container shipping company Hapag-Lloyd has presented ambitious green targets for the coming period.
In its latest sustainability report,...
