Germany, one of the world’s main maritime players, saw its commercial fleet shrink by a third over the past six years, becoming the biggest loser in a vicious industry slump that has reshaped global shipping.
Russia's Novatek has shipped its first LNG cargo to Brazil: the LNG was produced from the Yamal LNG project. The cargo was delivered to the Bahia Regasification Terminal owned by Petrobras.
Container line CMA CGM says the 0.5% sulphur cap in 2020 will cost an additional average of $160 per teu, and will be charged to customers through fuel charges.
Advances in autonomous and computer assisted navigation could be applied along selected navigable inland waterways and sections of such waterways to improve future cost effectiveness and competitiveness of waterway transportation.
AP Moller - Maersk regional container lines brands MCC Transport and Seago Line will be disappearing from the start of October as part of a reorganisation
The global shipping industry is under growing pressure to ensure its compliance with looming new environmental regulations, Kitack Lim, secretary-general of the International Maritime Organisation
Moller-Maersk A/S, the world’s largest container shipping line, said Monday that customers using its giant box ships will have to pay separately for fuel from 2020