Shipping escapes EU emissions trading net — for now

NOVEMBER 13, 2017 — The European Parliament and the EU member states last Thursday agreed on a revision of the EU’s Emissions Trading System, ETS, that does not subject shipping to the

U.S.-flag lines get Transcom awards totaling $871 million

JULY 26, 2017 — U.S. Transportation Command has awarded eleven U.S.-flag shipping lines contract modifications worth a total of more than $871 million. All the awards are option year contract modifications for

Singapore Shipping Association adds new faces to Council

JUNE 30, 2017 — The Singapore Shipping Association (SSA) says that new faces on its Council are bringing on board expertise to complement and strengthen the core group. At its annual general

U.K. Chamber President urges step change in shipping safety

JUNE 16, 2017 — Speaking in Edinburgh, Scotland, yesterday, Dr. Grahaeme Henderson, President of the U.K. Chamber of Shipping, called for a step change in shipping safety. “Our shipping industry has a

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

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