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FMC says charge complaint process proving a success

More than 200 charge complaints have been filed with the commission since the enactment of the Ocean Shipping Reform Act in June

United States Containers

US imports at near record levels last year amid eastward shift

East and US Gulf coast ports benefited at the expense of their west coast peers, handling growing imports volumes throughout most of the past 26 months

United States US States

Port of New York-New Jersey sees imports softening after a record year

Port director Bethann Rooney says volumes will remain soft in the next six months. She urges the supply chain to use the market slowdown to build capacity and increase efficiency

United States Containers

CIMC expects up to 55% drop in full-year earnings as box-making business slows

Demand for containers has returned to normal from the record high level during the pandemic-led market boom, says company

Asia Pacific Containers

The Lloyd’s List Podcast: Why 2023 is pivotal for the decarbonisation of shipping

The case for a shipping industry plan that is aligned to 1.5 degree Paris targets, that is well-to-wake and wrapped up with robust interim targets and the right language that ensures an equitable transition, is clear cut. What we actually end up getting is going to be the multi trillion dollar question that determines the trajectory of shipping regulation for decades to come

Lloyd's List The Shipping Podcast Regulation

An urgent appeal to the shipping community: Help the UN avert catastrophe in Yemen

War-torn Yemen could soon face environmental degradation of a degree as large as any witnessed in recent decades. Shipping will not be to blame. But collective intervention from shipping is the last best hope of preventing it

Yemen Sustainability

Pacific Carriers to study methanol as alternative low-carbon fuel for fleet

ABS will evaluate the means and impact of retrofitting a PCL vessel with a propulsion system powered by methanol, as an alternative low-carbon fuel option

Singapore ABS

Mitsubishi Heavy Industries joins CO2 feasibility study in Japan

Partners plan project for separation, capture, ship transportation and storage of carbon dioxide emitted from the materials industry and other hard-to-abate industries

Japan Sustainability

Boxship orders favour alternative fuel options

Container shipping lends itself most readily to adopting new fuels. More than two-thirds of newbuildings will be capable of using alternatives to HFO and LSFO

International Containers

MOL gets approval for ammonia-powered bulk carrier

Mitsubishi Shipbuilding is working on design of the vessel

Japan Dry Bulk

Star Bulk not ready to commit to alternative fuels

Company not planning to order any alternative dual-fuel vessels soon, says chief financial officer 

Dry Bulk Sustainability

Guangzhou shipyard gets PCTC orders from BYD and H-Line

The four newbuildings will be equipped with LNG dual-fuel propulsion systems 

Asia Pacific Roro
Technology & Innovation

Asset-light Maersk Tankers prepares for product tanker spike

Commercial manager of 150 vessels forecasts demand for product tankers to rise by 9% this year, much faster than the 2% projected fleet expansion, driving volatility and higher spot rates

Denmark Tankers and Gas

Online booking platform Freightos raises $80m after merger deal

Freightos lists on the tech-heavy Nasdaq amid a slowdown in global trade

Technology and Innovation Finance

Blockchain-enabled guarantee of origin and marking can address well-to-wake

Report suggests alternative methods, such as blockchain-enabled guarantee of origin and physical marking, to assess lifecycle emissions of alternative marine fuels

Sustainability Technology and Innovation

Cosco issues first bulk electronic bill of lading over blockchain platform

The Cosco unit, which operates a fleet of specialised carriers for the parent conglomerate, has joined GSBN as a new member

Asia Pacific China