UNCTAD: Ukraine war raises global shipping costs, stifles trade
The Russian invasion of Ukraine is stifling the trade and logistics of Ukraine and the Black Sea region, increasing global vessel demand and the cost of shipping around the world. In a
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AEU Safety Awards winners announced
The American Equity Underwriters, Inc. (AEU) has announced the winners of the 2021 AEU Safety Awards. AEU is the program administrator for American Longshore Mutual Association (ALMA), a group self-insurance fund providing
Shell and CMA CGM sign agreements on LNG and decarbonization
A new multi-year liquefied natural gas (LNG) supply agreement between Shell and the CMA CGM Group will see CMA CGM’s 13,000 TEU containerships bunkered in the Port of Singapore. This will be
Crowley releases its first sustainability report
Marking a key milestone its ambition to become “the most sustainable and innovative maritime and logistics company in the Americas,” Crowley has released its inaugural sustainability report. The report aims to assess
Idwal adds crew welfare to ship inspection grading
Cardiff, Wales-based international ship inspection specialist Idwal has added 12 key crew welfare questions to its rigid and standardized inspection process. With its extensive international surveyor network, Idwal has several representatives on
Knud E. Hansen joins wind-powered RO/RO project
Sweden’s Wallenius Marine has signed an agreement with Danish naval architectural consultancy Knud E. Hansen that will see the firm join the Orcelle Wind project as naval architects. Using wind as its
Carnival quarterly update gives cruise share prices a boost
Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world’s largest cruise company, today released its second quarter business update and though there was plenty of red ink splashing around, investors liked the
Op-Ed: Maritime 4.0 shouldn’t be an opportunity lost
Shipping’s future is intertwined with its ability to digitalize operations effectively and responsibly, say Christian Dwyer, global head of admiralty, and Donal Keaney, senior marine manager, at Ince. The long-term efficiency, safety
VIDEO: Sailing ship turns ocean plastic pollution into energy
Classification society Bureau Veritas has awarded its Approval in Principle (AiP) to an innovative sailing vessel designed to not only collect floating ocean plastic pollution waste but to process it. Called the
Grimaldi succeeds Poulsson as ICS chairman
The board of the International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, yesterday appointed Emanuele Grimaldi, president and managing director of Grimaldi Euromed SpA, as its chairman. Grimaldi,