Several of the world's largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel bills caused by the jump in crude prices in recent months.
An E.U.-funded research project is underway to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects.
After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the U.K. earlier this month, dozens of cargo containers were offloaded and whisked away on trucks. The hundreds of passengers weren’t as lucky: They had to line up for border checks.
A.P. Moller-Maersk said it would cut back on capacity to combat falling freight rates and rising fuel costs, after the Danish shipping giant reported a weak first quarter that sent its shares down about 8 percent.
Now that the International Maritime Organization has endorsed a global CO2 reduction strategy, the International Chamber of Shipping is calling on the European Union not to publish data on individual ships' fuel efficiency.
A new report by the International Transport Forum at the OECD concludes that Japan’s ambition to become an international bunkering hub for LNG is likely to be successful.
Some ship operators are still looking for ways to skirt an international ban on the release of oily waste into ocean waters, in some cases using a tool known as a “magic pipe” to bypass cleaning devices, despite a crackdown on the practice.
Imports at U.S. major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, according to the monthly Global Port Tracker report released last week by the National Retail Federation and Hackett Associates.
One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.