Trade Organizations Call for Review of EU Competition Rules
Trade organizations requesting the review of the European Union's Consortia Block Exemption Regulation for container shipping get underway.
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UKHO To Stop Paper Charts
The UK Hydrographic Office projects that the progressive elimination of paper charts from production would be completed by the end of 2026.
Deal Struck to Put an End to the Daewoo Shipyard Strike
Since June 2 120+ unionized DSME subcontractors have occupied a sit-in at the Okpo shipyard on Geoje Island calling for a 30 percent pay increase
D’Amico Secures Refinance
$82 million sustainability-linked loan for 4 company's tankers has been signed by d'Amico Tankers, a division of d'Amico International Shipping.
Held Russian Cargo Ship Released
The Kerala high court ordered the release of a Russian cargo ship on Wednesday after the parties reached a resolution through negotiation.
Maritime AI Windward Detects Russia’s Dark Activities
An alarming new behavior claimed Russia is allegedly laundering grain has been discovered by Windward, a maritime AI technology company.
Shipping CEO Rodolphe Saade Resists Windfall Tax
As political pressure mounts on CMA CGM SA, one of the largest container carriers in the world, over its exceptional earnings, Saade spoke out.
MARAD Focuses on US Maritime Workforce
MARAD-run CoE program prioritizes on existing training institutions and aids the marine sector in obtaining/ retaining highly-trained staff.
Dockworkers in Liverpool to Vote on Strike Over Pay
In a disagreement over wages and working conditions, hundreds of dockworkers in Liverpool will cast their votes to decide whether to strike.
Chinese Chief Officer Chosen for IMO Gallantry Award
Bo Xu Chief Officer of Oil Tanker Xian Qiao 502 to be honored with 2022 International Maritime Organization Award for Exceptional Bravery at Sea.
Macquarie Invests in Brazil Port Operator CLI
Australian Macquarie to invest in Brazilian port industry by purchasing stake in operator CLI and funding a 260 million dollar arrangement.
As Exports Rise, The World Can't Get Ample US Diesel
Due to the continued insatiable need for gasoline on the worldwide market, the United States is exporting diesel at its quickest rate ever.
The Longest U.S Oil Spill
When Taylor Energy’s MC20 oil production platform collapsed in 2004, it became known as the longest running oil spill in the history of the USA.
6m TEU Surplus Containers Manageable
Per Drewry’s Container Census & Leasing Annual Review & Forecast 2022/23 report, global pool of containers increased by nearly 50m TEU in 2021.
Wartsilä Moves to Italy Resulting in 450 Face Layoffs
Wärtsilä announced plans to cut down manufacturing in Italy while it centralizes its European 4-stroke engine building business to Finland.