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MOL opens new office in Washington

TOKYO : Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL...

ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to enable flexible responses to various situations – aiming to contribute to safer and...

TOKYO : ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving environment surrounding...

CK Hutch Ports sale can be good for Beijing too

HONG KONG : Li Ka-shing's Ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon's...

New S&P Global Report: Liner Shipping supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

WASINGTON D.C. : New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping industry...

Baltic Index rises to three-week high as larger vessel rates firm

LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index rose to scale an over-three-week high on Monday due to an increase in larger...

OceanOpt and BetterSea Partner to Integrate FuelEU Pooling for Shipping Clients

DUBAI : OceanOpt, a provider of specialized emissions management services, and BetterSea, a provider of a FuelEU compliance platform and marketplace, on Monday announced...

AI not ready for engine monitoring and diagnostics ship condition

HAMBURG : Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial intelligence in ship condition monitoring, warning that human expertise remains...

CMA CGM acquires majority stake in South America’s largest container terminal

MARSEILLE : CMA CGM, a leading worldwide shipping company, has now become the controlling shareholder of Santo Brasil Participações S/A, after securing a 51%...

Donald Trump : US ships should be allowed to travel through the Panama and Suez canals for free

WASHINGTON : US President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal...

Most shipping lines can avoid US Port fees but Cosco faces major challenge

BEIJING : Container lines would have had no choice but to pay enormous US Port fees under the draft proposal. The final decision should...
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