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Baltic index dips on subdued demand for capesize vessels

The Baltic Exchange’s main sea freight index fell on Friday, as a fall in capesize vessel rates on weak demand outweighed gains in the other vessel segments. * The Baltic index, which tracks rates for...

Book review: ‘IMO 2020: A Regulatory Tsunami’

Judging a book by its cover, Pablo Rodas-Martini’s “IMO 2020: A Regulatory Tsunami” appears to be about the Jan. 1 rule mandating the game-changing global switch to low-sulfur marine fuel. It’s actually about something...

THE Alliance to ship more from Southeast Asia to West Coast

Major container shipping lines will offer more capacity between Southeast Asia and the U.S. West Coast in 2020, signaling that the U.S. sourcing shift away from China will continue unabated even with the preliminary trade...

Another year of shipping uncertainty, online forwarder predicts

The challenges facing the shipping industry this year will be remarkably similar to those of 2019, with the U.S.-China trade war, Brexit and IMO 2020 continuing to have major impacts, according to Klaus Lysdal,...

Spike in tensions but no oil market shock, says IEA

The brief spike in Middle East tensions as the US and Iran faced off has served as a reminder of the havoc disruptions in supply from the key oil-producing region could wreak on the...

China tells US to respect its territorial integrity after USS Shiloh sails through Taiwan...

China said it closely followed and monitored a US Navy warship sailing through the Taiwan Strait on Friday, calling on the US to respect China’s territorial integrity. Chinese Foreign Ministry spokesman Geng Shuang made the...

MAIB Issues Report on Loss of 137 Containers from CMA CGM Containership

Inaccurate container weight declarations were partially to blame for the loss of 137 containers overboard from a CMA CGM containership underway in the North Pacific Ocean back in January 2018, the UK Maritime Accident...

Defying U.S. sanctions, Iran boosts gasoil sales to neighbors

Iran is relying on its neighboring countries to sell a surplus of gasoil it has created at home due to U.S. sanctions, trade documents and industry data showed. Iranian oil products, like its crude, fall...

U.S. refiners grab unloved Russian fuel oil on back of new shipping rules

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel,...

ABB presents recommendation for zero-emission marine technology to US Congress

ABB Marine & Ports delivered testimony in the US House of Representatives Committee on Transportation and Infrastructure about the future of marine technologies. Underpinning ABB’s commitment to tackling the ever-increasing consequences of climate change, ABB...