YM Efficiency, a Liberian-registered cargo ship, was making its way from Kaohsiung in Taiwan to Sydney’s Port Botany on Thursday…
U.S. Sanctions Start to Pinch Shipping in Iran
in International Shipping News 30/05/2018 It will be months before new U.S. sanctions against Iran take hold, but global shipping operators are…
20,000 TEU COSCO Shipping Virgo Delivered
Chinese container shipping major COSCO Shipping Corporation has taken delivery of its fifth 20,000 TEU containership, COSCO Shipping Virgo. Built…
‘Biggest’ change in oil market history: Crude prices set to soar ahead of shipping revolution
Instead of OPEC, Iran or even Venezuela, the most prominent driver of oil prices over the next two years is likely to come in…
Sulphur Cap Chaos in 2020 Warn World’s Shipowners
in International Shipping News,Shipping: Emission Possible 22/05/2018 The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime…
Interview: Shipping’s Decarbonization Will Need Major R&D Investment
Following a lengthy process, the International Maritime Organization’s (IMO) member states finally agreed in April to require international shipping to decarbonize and at…
Hard-line biosecurity on dirty vessels
Hon Damien O’Connor Minister for Biosecurity 16 May 2018 MEDIA STATEMENT New Zealand has become the first country in the…
Japan Catches Up With Shipping Consolidation
Japan has caught up with a wave of consolidation sweeping the shipping industry, with its three biggest carriers merging their…
No relief as crude prices to rise by 20% in 2018: World Bank
The World Bank has projected a 20% jump in global prices of energy commodities — crude oil, gas and coal…
Blockchain Is About to Revolutionize the Shipping Industry
Maersk, APL, Hyundai race to build paperless cargo system Adoption of blockchain could generate $1 trillion in trade Gantry cranes…