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Home | Industry Updates (Page 4)

Industry Updates

United States Maritime Administration Partners with ABS to Launch U.S. Center for Maritime Innovation

  • Decarbonization
  • Industry Updates
  • Maritime
  • News Feed
by Editor - 10 October 202410 October 2024

In a significant move for the U.S. maritime sector, the United States Maritime Administration (MARAD) has officially selected the American Bureau of Shipping (ABS) to

Tagged American Bureau of Shipping Maritime Innovation U.S. Maritime Administration clean energy decarbonization

Drewry Maritime Equity Indices Show Strong Divergence Across Sectors

  • Industry Updates
  • Markets
  • News Feed
by Newsdesk - 9 October 20249 October 2024

As of the week ending 4 October 2024, the Drewry Maritime Equity Indices continue to show a mixed performance across the maritime industry. While some

Tagged Crude Tanker LNG Shipping Maritime Equity container shipping shipping indices

Shreyas Shipping Rebrands as Transworld Shipping Lines to Strengthen Global Presence

  • Industry Updates
  • News Feed
by Newsdesk - 8 October 20248 October 2024

Shreyas Shipping and Logistics, one of India's prominent container shipping companies, has undergone a major rebranding and will now operate under the name Transworld Shipping

Tagged India Shipping Logistics Rebranding Shreyas Shipping Transworld Shipping Lines

Equinor Buys $2.5 Billion Stake in Offshore Wind Developer Orsted, Strengthening Renewable Energy Portfolio

  • Industry Updates
  • News Feed
  • Offshore Wind
by Editor - 7 October 20247 October 2024

Image:Orsted Source:Reuters: Norwegian energy giant Equinor has acquired a 9.8% stake in Danish offshore wind farm developer Orsted, valued at approximately $2.5 billion, as

Tagged Energy Transition Equinor Offshore wind Orsted renewable energy

US Port Workers and Operators Strike a Deal to End East Coast Shutdown

  • Industry Updates
  • News Feed
  • Ports
by Editor - 4 October 20244 October 2024

In a major development for the shipping industry, U.S. dock workers and port operators have reached a tentative agreement that ends a three-day strike affecting

Tagged Shipping Industry Supply Chain Disruption U.S. port strike labor agreement port automation

Drewry Launches New Breakbulk Sea Transport Indices Reflecting Market Dynamics

  • Markets
  • News Feed
by Newsdesk - 3 October 20243 October 2024

Drewry, a leader in maritime research, has introduced new Breakbulk Sea Transport Indices to provide better market insights into the Project Cargo and General Cargo

Tagged Breakbulk shipping Drewry Indices freight rates multipurpose vessels project cargo

Deutsche Bahn Approves Sale of DB Schenker to DSV for €14.3 Billion

  • Industry Updates
  • News Feed
by Editor - 2 October 20242 October 2024

Deutsche Bahn’s Supervisory Board has given the green light for the sale of its logistics subsidiary, DB Schenker, to Danish logistics giant DSV. In an

Tagged DB Schenker DSV Deutsche Bahn Logistics sale

Drewry Maritime Equity Indices Surge as Global Shipping Gains Momentum

  • Industry Updates
  • Markets
  • News Feed
by Newsdesk - 1 October 20241 October 2024

For the week ending 27 September 2024, the Drewry Port Equity Index (DPEI) surged by 4.1%, with both global and regional terminal operators contributing to

Tagged Drewry Equity Indices LNG Shipping Port Operators container shipping dry bulk shipping

Dockworkers Strike Halts Half of U.S. Ocean Shipping, Threatens Billions in Losses

  • Industry Updates
  • News Feed
  • Ports
by Editor - 1 October 20241 October 2024

In a significant blow to the U.S. economy, dockworkers on the East and Gulf Coasts initiated a large-scale strike early Tuesday, effectively shutting down nearly

Tagged Dockworkers Strike ILA Supply Chain Disruption U.S. economy ocean shipping

Update:US East Coast and Gulf Coast Port Workers Poised for Historic Strike as Deadline Looms

  • Industry Updates
  • News Feed
  • Ports
by Editor - 30 September 202430 September 2024

Port workers along the US East and Gulf Coasts are preparing to walk off the job at midnight Monday, marking the first strike of its

Tagged ILA Supply Chain Disruption US Ports labor dispute port strike

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