ocean shipping

Business, Technology, Logistics

Navis to Acquire Assets From Biarri Rail

Navis has reached an agreement to acquire assets from freight railroad software developer Biarri Rail, the company announced Feb. 20.

February 21, 2020
Government, Business, Technology, Fuel

Diesel Fuel Market Stable as IMO Mandate Takes Hold

Container ship Getty Images

One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.

Dan Ronan | Associate News Editor
January 28, 2020
Government, Business, Technology, Fuel, Logistics, Perspective

Perspective: Green Shipping on the Big Blue Sea

Shipping companies are taking steps to adapt to rising sea levels and make themselves greener.

Hagar Valiano-Rips | CEO, Ladingo
January 7, 2020
Government, Business, Fuel

Shipping Industry Proposes Fund to Tackle Carbon Emissions

containership

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

December 18, 2019
Business, Fuel

Energy Experts Remain Cautious About Price Hikes as IMO Mandate Looms

IMO mandate looms Getty Images

The price of low-sulfur diesel is expected to surge in the near future as a mandate that cargo ships dramatically cut sulfur emissions takes effect.

Dan Ronan | Associate News Editor
October 23, 2019
Business, Logistics

Iceland Builds Arctic Port as Global Shipping Routes Get Redrawn

A national flag is seen on the hull of a commercial fishing vessel moored in the harbor in Reykjavik, Iceland (Arnaldur Halldorsson/Bloomberg News)

As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is being built on the fringe of the Arctic circle.

Ragnhildur Sigurdardottir | Bloomberg News
April 11, 2019
Business, Logistics

Maersk Tests Biofuel as It Sets Sail for 2050 Carbon Neutrality

maersk Kristian Helgesen/Bloomberg News

A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.

March 22, 2019
Business, Logistics

Yilport Said to Be in Talks for $2 Billion California Terminal

Port Port of Long Beach (Tim Rue/Bloomberg News)

Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, Calif., a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.

March 22, 2019
Government, Business, Fuel

Shipping Lobby Proposes Phased Start to Historic Fuel Change

A cargo ship spews black smoke Getty Images

The shipping industry is pressing for a phased start when new rules governing vessel fuel take effect in less than 16 months’ time.

September 25, 2018
Business, Equipment

Steamship Line Hapag-Lloyd Raises Fees

Hapag-Lloyd ship at Port of Los Angeles Patrick Fallon/Bloomberg News

Steamship line Hapag-Lloyd will increase fees to transport freight to the United States and cross-border freight from Canada. Cargo between Canada and the United States will be subject to a carbon tax.

February 20, 2018

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