US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping October 1, 2024 By David Shepardson and Doyinsola Oladipo Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in...
UAE to Tighten Insurance Cover for Ships Flying its Flag June 6, 2023 By Jonathan Saul The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a government advisory, amid...
Shipping Company to Pay $2.25M for Environmental Law Violations May 8, 2023 By Andrew G. Simpson A Greek shipping company has pleaded guilty and agreed to pay $2.25 million for violations of environmental laws that were...
Ports in Eastern China at Standstill as Typhoon Muifa Closes In September 13, 2022 By Bernard Orr Authorities in China’s eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists...
World’s Cargo Ships Are Sailing Into Supply Chain Disruptions via Climate Risks: Report March 21, 2022 By Eric Roston Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
Transport Industry Expects Continued Staffing Woes as Concern Over Omicron Spreads January 7, 2022 By Ann Koh and K. Oanh Ha From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure...
Global Shipping Industry Faces Growing Pressure to Cut Greenhouse Gas Emissions December 28, 2021 By Jonathan Saul Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the...
Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...