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Home | Posts tagged "Shipping Industry"

Tag: Shipping Industry

Maersk Surges as US-China Slash Tariffs in Break from Trade War

  • Logistics
  • News Feed
  • Shipping
by Editor - 13 May 202513 May 2025

Danish shipping major Maersk saw its shares jump by 12% on Monday following news that the US and China have agreed to temporarily roll back

Christopher Wiernicki: Guiding ABS Through Maritime Transition and Technological Evolution

  • Maritime
  • News Feed
  • Shipping
by Editor - 25 April 202525 April 2025

Longstanding Leadership in the Maritime Sector Christopher J. Wiernicki, the long-serving Chairman and CEO of American Bureau of Shipping (ABS), is no stranger to the tides

IMO Gathers in London to Debate First-Ever Global Shipping Emissions Tax

  • Decarbonization
  • News Feed
  • Shipping
by Editor - 9 April 20259 April 2025

LONDON — The shipping industry, which handles about 90% of global trade, may soon face its first global carbon price. The International Maritime Organization (IMO)

ABS Responds to Surging Demand with New Singapore Office and Expanded Services

  • News Feed
  • Shipping
by Editor - 2 April 20252 April 2025

In response to growing demand for classification and maritime services across Asia-Pacific, ABS has opened an expanded regional headquarters in Singapore, consolidating its innovation, research,

[Column] Another Trump Trade War? Shippers Brace for Impact

  • Column
  • News Feed
by Petrus (Peter) Bouwhuis - 21 March 202521 March 2025

Here we go again. Donald Trump’s decisive re-election on November 5 just threw another wrench into the global supply chain. As if shippers weren’t already

Wallenius Wilhelmsen Posts Record-Breaking Financial Performance in 2024

  • Industry Movers
  • News Feed
  • Shipping
by Editor - 21 March 202521 March 2025

Wallenius Wilhelmsen has reported its strongest financial results ever for 2024, outperforming the previous record set in 2023 and demonstrating resilience amid ongoing market challenges. The

MOL Deploys Bio-LNG Fuel for Car Carrier Celeste Ace

  • Maritime
  • News Feed
  • Shipping
by Editor - 19 March 202519 March 2025

TOKYO – Mitsui O.S.K. Lines, Ltd. (MOL) has taken a significant step toward decarbonizing maritime operations with the adoption of bio-LNG fuel for its LNG-powered

[Column] The Hidden Cost of Maritime Corruption—And Why the Tide is Finally Turning

  • Column
  • News Feed
by Newsdesk - 13 March 202513 March 2025

By: Peter Bouwhuis Let’s be honest—corruption in the maritime industry has been an open secret for far too long. It’s the kind of problem that everyone

Triton International to Acquire Global Container International in $1 Billion Deal

  • News Feed
  • Shipping
by Editor - 11 March 202511 March 2025

In a significant move within the container leasing industry, Triton International Limited has announced an agreement to acquire Global Container International LLC (GCI) for over

Port of Hamburg Reports Growth in Container Throughput and Rail Transport

  • News Feed
  • Ports
  • Rail
  • supply chain
by Editor - 7 March 20257 March 2025

Despite geopolitical and economic challenges, the Port of Hamburg recorded growth in container throughput and rail transport in 2024, reaffirming its position as a key

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