Drewry: Freight Rates Bounce Back from 2016 Levels
This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and ...
read more →Ports to Clear the Way toward Zero-Emission Shipping
Ports worldwide are ready to start working on the reduction of greenhouse gas (GHG) emissions both from land-based ...
read more →UK’s Dependence on Shipping to Grow amid Brexit Talks
The UK’s attention is switching to the future role of its ports, harbours and seafarers, which is expected to ...
read more →HSH Nordbank’s Shipping Loan Losses Reach USD 221 Mn
With persistent shipping woes, the German-based provider of shipping finance HSH Nordbank has seen its loan loss ...
read more →Clarksons: Greece Owns the World's Largest Fleet
With the latest turn of the tide, Greek owners have placed themselves at the top with 210.1 millon gross tons, ...
read more →US Pull-Out from Paris Accord Could Hinder Shipping Progress
Reacting to US President Donald Trump’s decision to withdraw the US from the Paris climate accord, the EU and ...
read more →ICS: Shipping Holds Firm to CO2 Reduction Despite US Stance
The decision of the President Trump on US withdrawal from the Paris Agreement will have no impact on the shipping ...
read more →Further OPEC Cuts to Influence Tanker Demand?
Extension of oil production cuts until March 2018 could affect tanker demand, either via lower crude and product ...
read more →INTTRA: Time for Ocean Shippers to Digitize is Now
Digitization is rapidly transforming the ocean container shipping industry, according to ocean shipping electronic ...
read more →Shipping Pools - Potential Traps for the Unwary
Pressured by difficult markets and periods of economic uncertainty, shipping companies often turn to pool ...
read more →HSH Nordbank's Shipping Provisions Reach USD 2.1 Bn
Germany’s shipping finance provider HSH Nordbank has reported high loan loss provisions as it set aside EUR 2 ...
read more →NordLB to Lend a Helping Hand to Bremer Landesbank
German shipping bank Norddeutsche Landesbank Girozentrale (NORD/LB) plans to provide financial relief to its ...
read more →EU Policy Makers Urged to Cut Pollution from Shipping
Environmental experts are ringing the alarm bell and calling upon European policy makers to urgently adopt policies ...
read more →ECSA: Shipping Remains a Solid Contributor to EU
The shipping industry’s total employment contribution has increased to 2.1 million people while the total GDP ...
read more →Shipping Vulnerable to Regional Action on Cutting CO2
Unless the International Maritime Organization (IMO) makes significant progress as part of its CO2 reduction ...
read more →Bunker Fuel Prices Affect Matson's Earnings
US-based container carrier Matson reported a net income of USD 19.4 million in the fourth quarter of 2016, down ...
read more →ECSA: No Room for Shipping in EU Emission Trading Scheme
Following the proposal to revise the European Emission Trading Scheme (ETS) Directive, the European Community ...
read more →Environmental Performance to Be in Focus of Modern Shipping
Environmental performance will remain one of the “failure-is-not-an-option missions” in modern shipping ...
read more →Volumes Improve in Far East-Europe, Transpacific Lanes
Container volumes on the headhaul Far East-Europe and Far East-North America tradelanes recorded a mild recovery in ...
read more →US DOJ Slaps Polluters with Over USD 363Mn in Fines in 2016
The US Department of Justice’s Environment and Natural Resources Division imposed criminal penalties to the amount ...
read more →Maritime & Merchant Bank Open for Business
Maritime & Merchant Bank ASA (M&M), a niche bank for the shipping and offshore sector, opened its doors for ...
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