The start of the US Presidency of Donald Trump has been anything but business as usual and understanding the implications of his Executive Orders is rapidly turning into a full time job for some.
The US Federal Maritime Commission (FMC) has concluded its review of the proposed Ocean Alliance, allowing the four-member container lines alliance to become effective on 24 October 2016.
ICS has expressed “dismay” at the United States’ decision to deny the IMO Ballast Water Management (BWM) convention legitimacy in its own waters.
Estimations by the IMO put shipping emissions at 20% lower in 2012 than in 2007, a drop from 2.8% to 2.2% of global greenhouse gas emissions.
Oversupply of tonnage will continue to hit freight rates for the “near term” followed by a sudden leap in demand after delayed projects complete, according to Drewry's latest report.
Port and logistics executives were waxing very positive this week. In the normally gridlocked and dysfunctional Washington, D.C. environment, President Barack Obama actually signed a group of bills into law- one of which was the Water Resources Reform and Development Act (WRRDA).
Up to 75 vessels are stranded either in or outside the Port of Houston after a major bunker oil spill has closed the shipping channel since Saturday.