The International Maritime Organisation's (IMO) Maritime Safety Committee (MSC) will meet in London for the 93rd time from 14 to 23 May to discuss key global legislation from keeping member states in check to responsible Arctic shipping.
The US Federal Maritime Commission (FMC) has cleared the P3 alliance of container lines Maersk Line, CMA CGM and Mediterranean Shipping Co (MSC).
World infrastructure is often measured by whether the trains run on time, but is there anyone who can make boxships run on time?
Two separate reports from analysts at Drewry Maritime Research and SeaIntel have recorded discouragingly low reliability figures for container trades recently, with industry average on-time delivery percentages dropping throughout every consecutive quarter of 2013. As of Q4, average reliability was at 63.8% - the lowest it has been since 2011.
The world’s top 20 container lines on average made a net loss of $16 for every teu they carried over the five year period covering 2008 - 2012, according to a report from consultants Dynamar.
The US Federal Maritime Commission (FMC) has requested more information and documents of the proposed P3 alliance.
The US Federal Maritime Commission (FMC) has set a date of 17 December for its global regulatory summit on the P3 alliance.