Shipping News
UK: Shipping Industry Calls on PM to Tackle EU ‘Ever Closer Union’ and ‘Unnecessary Regulation’
The UK Chamber of Shipping has today published a new study on the impact of the European Union on the UK’s £10bn shipping industry.
Shipping News
Moore Stephens: Ship Operating Costs Set To Increase (Infographics)
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period.
Shipping News
New Rules To Boost India Shipping Fleet; May Dent Foreign Shippers
Indian state-owned firms may have to give half their freight business to local shippers to help rescue an industry battered by the global commodities downturn.
Shipping News
Global Shipping Industry Is Delivering Real CO2 Reductions
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the impressive progress the industry is making to reduce its carbon footprint.
Shipping News
Trelleborg Launches New Webinars Giving Insight Into Industry Issues
Trelleborg’s marine systems operation has launched two new webinars discussing the current state of the port environment, and the opportunities arising for facilities looking to take steps toward more strategic investment and supplier support.
Shipping News
North P&I Club: ‘Challenging Time’ for International Shipping Industry
Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I Club. His comments were published on 16th July, 2015 in the 170 million GT, ‘A’ rated Club’s 2015 Management Report.
Dry Bulk Market Crisis: An Opportunity Or Threat?
The shipping industry is experiencing the biggest dry bulk market recession since the 1980s. The uncertain global economic outlook and the increased imbalance between supply and demand have lead to historical low freight rates.
Shipping News
Shipping Sentiment Worsens As Sector Struggles With Overcapacity
A growing vessel glut is battering sentiment in the shipping industry at a time when players face risks to growth in Asia and turmoil in countries such as Greece, a leading transport survey showed on Monday.
Shipping News
ABB At Nor-Shipping: Flexibility Key To Future Success In Shipping
Heikki Soljama, Managing Director for ABB’s marine and ports business, spoke about the crucial role of technology as the enabler of future success in shipping at the opening conference of Nor-Shipping.