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In the latest October 2016, MEPC 282 reunited and adopted mandatory MARPOL Annex VI requirements for ships to record and report their fuel oil consumption. Guidelines were also defined in terms of what should be the content of the...
Banks still provide more than $40 billion a year to the shipping industry. For companies seeking to raise equity or find other forms of debt, the Norwegian bond market has been reliable but is relatively small. The U.S....
Global container demand growth slowed to just 1% over the first nine months of the year. This decrease has been attributed to US-China trade war. The sluggish growth compares with a much healthier 3.8% for the same period...
Maersk signed a 4PL deal with Swiss agrochemical conglomerate Syngenta, reports The LoadStar. A global integrator Maersk took another step in its quest to become “a global integrator of container logistics”, signing a 4PL deal with Swiss agrochemical conglomerate Syngenta. The deal...
Maersk won the prestigious Customer Service Award at the 2019 Global Freight Awards, says a press release published on their website. The Global Freight Awards are the industry’s flagship awards programme that recognises and rewards excellence across all sectors of...
According to a LoadStar report, shippers have “slammed” the EC’s recent decision to renew the consortia block exemption regulation (CBER) for four years, claiming it ignored the views of exporters and importers.   More Policing for Shipping Lines The Global Shippers’ Forum...
According to a LoadStar report, mod-way through last week’s call between the management team of AP Møller-Mærsk (APMM) and sell-side analysts – when we were all busy paying attention to other matters – CEO Søren Skou introduced a new...
According to a LoadStar article, ocean carriers are launching a raft of GRI and FAK rate increases next week to take advantage of an expected cargo rush ahead of the early Chinese New Year  (CNY) holiday in January. Strong Market...
In a major development, the IMO has announced in a press briefing published on their website that they are conferring the 2018 International Maritime Prize to Joseph J. Angelo, a former US Coast Guard and Intertanko Senior Executive. IMO Statement The...
Odfjell’s newbuilt chemical tanker, the 49,000 dwt Bow Orion, was tonight recognized with the ‘Tanker Ship of the Year Award’ at the Tanker Shipping & Trade Conference, says a press release published on their website. Tanker Shipping and Trade Awards The...

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