Easing supply chain bottlenecks at major U.S. ports may be good news for consumers, but not so much for containership operators. As we reported earlier, after container shipping giant Maersk reporting record
The Liberian Registry, the world’s second largest ship registry, in response to the needs of shipowners and the ship finance and legal community, has announced a series of amendments to the Liberian
In his latest weekly Tanker Opinion, Erik Broekhuizen, head of tanker research at New York headquartered Poten & Partners, says that, while Russian oil exports have thus far only been impacted by
Vessel operating cost (OPEX) inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of COVID-19 related costs, according to the latest Ship Operating Costs Annual Review and
The Maritime and Port Authority of Singapore (MPA) and California’s San Pedro Bay ports of Los Angeles and Long Beach have begun discussions to establish a green and digital shipping corridor between
A number of recent ship fires have underscored the continuing safety threat created by the transportation of lithium-ion batteries. Now insurance providers TT Club and UK P&I Club (both Thomas Miller managed
Cruise giant Royal Caribbean Group (NYSE: RCL) today reported third quarter results that it says were “better than expected and above guidance for the quarter mainly due to higher load factors from
Container shipping and logistics giant A.P. Moller – Maersk (Maersk) today again reported record results, but analysts seemed to be more focused on CEO Søren Skou’s cautionary words about dark clouds on
Shipments of grain from Ukraine were set to resume today under Turkish and UN supervision, despite an announcement on Saturday from the Russian Foreign Ministry that Moscow was suspending the implementation of
The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system,