At the World Ocean Council's Sustainable Ocean Summit, Carbon War Room, exactEarth and University Maritime Advisory Service (UMAS) launched BetterFleet, a free-to-access ship operational efficiency portal on ShippingEfficiency.org.

Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertilizer have hit a seven-year high in 2016 as the industry creeps out of an eight-year downturn that has sunk several fleets of shippers.

Governor Tom Wolf has announced a comprehensive capital investment program at the Port of Philadelphia that will result in more than $300m in investment in the Port's infrastructure, warehousing and equipment. The initiative will start next year and continue through 2020.

The growing adoption of hybrid electric powertrain systems and the projected growth in the number of vessels burning liquefied natural gas as fuel, could lead to wider adoption of fuel cells with LNG-fuelled engines becoming the stepping stone for the wide adoption of LNG-fuelled fuel cells as prime movers.

Chinese President Xi Jinping pledged to further open the world's second-largest economy on Saturday, as leaders of Asia-Pacific countries gathered in Peru to find new free-trade options after Donald Trump was elected U.S. president on a protectionist platform.

Global efforts to cut greenhouse gas emissions will continue after the election of climate change skeptic Donald Trump to the U.S. presidency, and momentum is growing to cut ship pollution, the United Nations' shipping agency chief says.

South Korea's Korea Line Corp was picked as the preferred bidder to buy troubled shipping company Hanjin Shipping Asia-U.S. operations, beating Hyundai Merchant Marine, a spokesman for a Seoul court overseeing Hanjin Shipping's receivership said last week.