ocean cargo
Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’
Krisztian Bocsi/Bloomberg News
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
April 9, 2021Battery-Powered Ships Next Up in Battle to Tackle Emissions
Getty Images
Four Japanese companies have teamed to build the world’s first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and will operate in Tokyo Bay, according to a statement Aug. 6.
August 6, 2019Analyst Says Fuel Supply Inadequate for Ocean Shippers to Comply With New Rule
Akio Kon/Bloomberg News
Not enough low-sulfur fuel oil is available to replace the fuels used by marine shippers ahead of a fast-approaching regulation, according to analysis by Wood Mackenzie.
February 11, 2019Seven Ways the Ocean Cargo Industry Is Pursuing Green Shipping
Shipping containers sit stacked on the Kota Cabar cargo ship arriving at the Port of Oakland in July 2018. (David Paul Morris/Bloomberg)
Some of the world’s most conservative companies are starting to experiment with cleaner fuels and cutting-edge technologies to meet new standards starting next year that mandate steep cuts of sulfur emissions from oceangoing ships.
January 18, 2019IMO Rejects US-Backed Plan for Phased Start of Ship-Fuel Rules
David Paul Morris/Bloomberg News
The International Maritime Organization rejected a proposal — supported by both the U.S. and shipping groups — for a phased start to rules that will limit the sulfur content of ship fuels starting in 2020.
October 24, 2018Port Everglades Sets Record for Cargo Volumes
PortEvergladesFL via YouTube
Florida’s Port Everglades set a record for containerized cargo volumes for fiscal 2017 ending Sept. 30, reporting 1,076,893 TEUs, the standard 20-foot-equivalent container units, a 4% increase from fiscal 2016.
November 6, 2017July Sets All-Time Monthly Record for Loaded Container Imports, According to Report
Port of Los Angeles (Nick Souza)
Top ports in North America are on pace to shatter all-time records on import container growth, according to the latest monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
September 10, 2017Record-Breaking Cargo Ship to Call on Savannah Port
Ty Wright/Bloomberg News
Savannah is about to get another visit from another record-breaking cargo ship.
August 31, 2017NTSB Releases Haunting Video of El Faro Wreckage on Ocean Floor
NTSB
The first video footage of the wreckage from the El Faro, the containership that was carrying four crewmen from Maine when it sank during a hurricane in the Bahamas last October, was released Jan. 3 by the National Transportation Safety Board.
January 6, 2016