ocean shipping News Updates

BusinessLogisticsTop 50

Ports See Huge Volume Swings in 2020

Amid these dramatic swings in demand, ports have continued to pursue infrastructure improvement projects.

November 13, 2020
BusinessTechnologyLogistics

Navis to Acquire Assets From Biarri Rail

Navis has reached an agreement to acquire assets from freight railroad software developer Biarri Rail, the company announced Feb. 20.

February 21, 2020
GovernmentBusinessTechnologyFuel

Diesel Fuel Market Stable as IMO Mandate Takes Hold

One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.

January 28, 2020
GovernmentBusinessTechnologyFuelLogisticsPerspective

Perspective: Green Shipping on the Big Blue Sea

Shipping companies are taking steps to adapt to rising sea levels and make themselves greener.

January 7, 2020
GovernmentBusinessFuel

Shipping Industry Proposes Fund to Tackle Carbon Emissions

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

December 18, 2019
BusinessFuel

Energy Experts Remain Cautious About Price Hikes as IMO Mandate Looms

The price of low-sulfur diesel is expected to surge in the near future as a mandate that cargo ships dramatically cut sulfur emissions takes effect.

October 23, 2019
BusinessLogistics

Iceland Builds Arctic Port as Global Shipping Routes Get Redrawn

As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is being built on the fringe of the Arctic circle.

April 11, 2019
BusinessLogistics

Maersk Tests Biofuel as It Sets Sail for 2050 Carbon Neutrality

A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.

March 22, 2019
BusinessLogistics

Yilport Said to Be in Talks for $2 Billion California Terminal

Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, Calif., a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.

March 22, 2019
GovernmentBusinessFuel

Shipping Lobby Proposes Phased Start to Historic Fuel Change

The shipping industry is pressing for a phased start when new rules governing vessel fuel take effect in less than 16 months’ time.

September 25, 2018