Shipping losses fall, but Allianz sees risks ahead

JUNE 13, 2017 — Large shipping losses have declined by 50% over the past decade, mostly driven by the development of a more robust safety environment by shipowners, according to insurer Allianz

Crowley Maritime one of America’s healthiest companies

JUNE 13, 2017—Privately held Crowley Maritime Corp. has again been named as one of the Healthiest Companies in America by Interactive Health, a national leader for personalized wellness solutions. It’s the fourth

Stena Bulk buys out partner’s share in Stena Weco

MARCH 10, 2017 — Tanker operator Stena Bulk has agreed to purchase the 50% of the shares in Stena Weco held by its partner, Denmark’s WECO Shipping, part of the privately owned

Shipping “solid contributor” to EU economy

FEBRUARY 27, 2017 — The EU shipping industry directly employed 640,000 people and supported a EUR 57 billion contribution to GDP in 2015. Adding supply chain and worker spending multiplier impacts, the

Drewry introduces credit research service

FEBRUARY 7, 2017— Drewry Financial Research Services Ltd., the investment research arm of shipping consultancy Drewry, is launching a new credit research service. Through this extension to its established maritime equity research

MacGregor in three year, 70 ship service agreement

JANUARY 17, 2017 — German shipping company Peter Döhle Schiffahrts Group has signed a three-year MacGregor Onboard Care (MOC) service agreement with Cargotec’s MacGregor unit. It provides for annual inspections of deck

ICS: CO2 roadmap under fire from some NGOs

NOVEMBER 1, 2016 — The International Chamber of Shipping (ICS) has applauded the agreement by IMO’s Marine Environment Protection Committee (MEPC) to develop a comprehensive road map for addressing CO2 emissions from

Study eyes options for shipping’s low carbon future

OCTOBER 19, 2016 — A new study details a number of potential pathways for the shipping industry to transition to a low carbon future. Called “Low Carbon Pathways 2050” the study was

Live at SMM: Operators need to adapt to changing environment

SEPTEMBER 8, 2016—In order to survive the current downturn in the market, vessel operators can’t continue to do “business as usual.” At SMM 2016 in Hamburg, Germany, this past week, Wartsila promoted

Least optimistic transport industry? Shipping

JULY 6, 2016 —  Global law firm Norton Rose Fulbright has just released its seventh transport survey report. It details 200 responses from a range of companies involved in aviation, rail and

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