Indonesia Signs IMO’s BWM Convention

More IMO Members Ensure Safety at Sea

The International Maritime Organization’s (IMO) member state Indonesia is the latest country to sign the ...

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BIMCO to Stamp Out Corruption in Shipping

BIMCO to Stamp Out Corruption in Shipping

International shipping association BIMCO has launched an anti-corruption clause for shipping contracts worldwide. ...

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NGOs Push for CO2 Reduction Measures for Shipping

NGOs Push for CO2 Reduction Measures for Shipping

Shipping could be responsible for 17% of global CO2 emissions in 2050 if left unregulated, a study published ...

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IMO Highlights Importance of Shipping

Secretary-General of the IMO, Koji Sekimizu

The International Maritime Organization (IMO) Council has decided to go with “Shipping: indispensable to the ...

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Fujian Crown Ocean Shipbuilding Out of Service

Fujian Crown Ocean Shipbuilding Out of Service

Chinese shipbuilding enterprise Fujian Crown Ocean Shipbuilding has seen most of its staff leave the shipyard due ...

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Maersk Line Beefs Up Eastern India Business

Maersk Line Expands Eastern India Business

Danish container shipping giant Maersk Line is expanding its Far East and South East India network of operations by ...

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UK Chamber of Shipping: Closer Union Is Distracting

EU flags are seen out outside European Commission headquarters in Brussels

As a response to the negative impact of the European Union’s regulations on the UK’s shipping industry, ...

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Shipping Emissions Part of New Paris Climate Draft

2° Global Warming Limit Impossible if Shipping Excluded

International shipping and aviation emissions have been reinserted into the draft Paris agreement during the ...

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MEPs: Paris Emissions Reduction Deal Should Include Shipping

Paris Emissions Reduction Deal Should Include Shipping

Members of the European Parliament have called on the European Union and all other countries at this year’s Paris ...

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Container Lines in for Three Years of Overcapacity Pain

Container Shipping in for Three Years of Overcapacity Pain

Slowing global trade and a bloated orderbook of large vessel capacity mean that container shipping is set for ...

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Excluding Shipping from Paris Climate Deal Irresponsible

Excluding Shipping from Paris Climate Deal Irresponsible

The shipping and aviation sectors are set to be exempt from targeted CO2 emissions cuts in the December Paris ...

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Stormy Seas ahead for Shipping amid China's Slowdown

Stormy Seas ahead for Shipping amid China's Slowdown

China’s slower growth and economic transition will pose significant risks for the shipping sector, which ...

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Shipping Needs Emissions Reduction Target

co2

The heads of 7 of the 8 political groups of the European Parliament’s environment committee wrote ...

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Outlook for Shipping Sector Remains Negative-to-Stable

Outlook for Shipping Sector Remains Negative-to-Stable in FY16

India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the ...

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Greece Cedes to Tax Hikes

Greek-Shipping-Companies-Facing-Tonnage-Tax-Hike

The Greek government has promised to hike taxes on shipping companies in its latest proposal submitted to its euro ...

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Greek Shipowners Consider Setting Course to Cyprus

Greek Shipowners Consider Setting Course to Cyprus

Greek shipowners are considering a move to Cyprus due to the current financial crisis in the country and possible ...

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IMO Must Establish GHG Emissions Cap by 2016

IMO Must Establish Emissions Cap by 2016

A number of environmental non-governmental organizations have expressed their concern over the failure of the ...

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ECSA: Strong EU Equals Strong Shipping Sector

ECSA Strong EU Equals Strong Shipping

For shipping to remain a facilitator of trade, a provider of jobs and a dynamic sector of the economy, the European ...

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Stronger Dollar Mixed Blessing for Transatlantic Volumes

Strong Dollar Shifts North Europe-North America Volumes

A strengthening dollar versus the Euro in the latter months of 2014 splintered the growth directions for the west ...

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Shipping Industry Faces Erroneous Payment Risks

Shipping Industry Faces Erroneous Payment Risks

The shipping industry is at a high risk of unauthorised and/or erroneous payments due to the nature of the movement ...

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Zacks: Shippers Have Good Year Ahead

Zacks Shippers Have Good Year Ahead

2015 will be good for the shipping industry with sector specific risks projected to decline and new investment ...

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