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
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
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
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,
Liverpool, U.K., headquartered consultancy Brookes Bell has appointed Karley Smith as its first female master mariner consultant. The firm offers a range of master mariner services, employing a team of master mariners
After passing the House yesterday, S. 3580, the Ocean Shipping Reform Act of 2022 (OSRA), is on its way to President Biden, who is no fan of the giant container alliances and
On Thursday, June 9, the Seamen’s Church Institute gathered leaders in the shipping and maritime industry for its 44th Annual Silver Bell Awards Dinner (SBA) at Pier 60 in New York City.
The Federal Maritime Commission yesterday approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG. It will see the ocean carrier pay a $2 million civil penalty to
In a world first, the 180,000 cu.m LNG carrier Prism Courage arrived at the Boryeong LNG Terminal in South Korea today after completing a 33 day voyage from the Freeport LNG terminal,
By Kristof Adam, General Manager Europe, W&O Drydocking is one of the most important maintenance activities in a vessel’s lifecycle, and a failure to plan for it properly can cost owners a
Among eight significant just-agreed amendments to the ILO’s Maritime Labor Convention 2006 (MLC) is one that makes providing onboard crew connectivity a requirement for ship owners. The new MLC amendments come at