Shipping Watchdog IMO Sets Rules to Curb Industry’s Pollution
The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its measures won’t do enough to help tackle climate change.
Ports See Huge Volume Swings in 2020
Amid these dramatic swings in demand, ports have continued to pursue infrastructure improvement projects.
November 13, 2020Navis 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, 2020Diesel Fuel Market Stable as IMO Mandate Takes Hold
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.
Perspective: Green Shipping on the Big Blue Sea
Shipping companies are taking steps to adapt to rising sea levels and make themselves greener.
Shipping Industry Proposes Fund to Tackle Carbon Emissions
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, 2019Energy Experts Remain Cautious About Price Hikes as IMO Mandate Looms
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.
Iceland Builds Arctic Port as Global Shipping Routes Get Redrawn
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.
Maersk Tests Biofuel as It Sets Sail for 2050 Carbon Neutrality
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, 2019Yilport Said to Be in Talks for $2 Billion California Terminal
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