Ocean shipping on Wall Street: the sound of silence
Capital-market sentiment is so bad in New York that ship owners may end up raising more money in Oslo this year.
Capital-market sentiment is so bad in New York that ship owners may end up raising more money in Oslo this year.
The U.S. Federal Maritime Commission set the new comment deadline for its notice of proposed interpretive rule to address demurrage and detention practices to Oct. 31.
BIMCO says there are “several indications” that goods are being shipped from the Far East to Europe and then transshipped to the U.S. East Coast to avoid tariffs.
The Treasury Department adds two banks to the Specially Designated Nationals and Blocked Persons List in response to Iran’s alleged involvement in missile attacks against Saudi Arabia’s oil facilities.
Academics look at the trade imbalance between the United States and China and weigh in on possible fixes.
FIATA warns that higher air, ocean and trucking fuels costs will be passed directly on to customers.
Blockchain to be deployed by VAKT to smooth the post-trade process
Through the continued development of automated processes, U.S. Customs and Border Protection foresees the day when paper export manifests will no longer be necessary.
In a wide-ranging speech, the deputy director-general of the WTO, Alan Wolff, sets out the challenges and issues for the body. But he’s generally optimistic on the future of world trade.
After several days of dithering in the Philippine Sea, tropical storm Tapah (also called Nimfa) has transformed into a typhoon. It has also started accelerating towards southern Japan and Korea.
Manufacturer installed diesel engines in construction equipment that failed to meet emissions standards under the Clean Air Act when imported into the U.S. from 2012 to 2015.
Ports, terminal operators and shipping lines are striving to improve the flow of information.
If not enough 0.5% low sulfur fuel is available after Jan. 1. 2020 ships may resort to using more expensive 0.1% sulfur fuel used today in emission control areas.
According to an MSI analyst, a key mainline container trade hardly bumped this summer – and the forward outlook for carriers is less than upbeat.
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
Dip Shipping will pay a criminal fine to settle an antitrust violation charge as part of an ongoing U.S. Justice Department forwarder price-fixing investigation.
Tariff Reform Coalition members want the Senate Finance Committee and House Ways and Means Committee to “exercise greater oversight and control” over President Trump’s tariff authority.
New law strengthens U.S. government’s national security oversight of foreign investments in American companies that manufacture “critical” technologies and infrastructure, as well as own airport and seaport properties.
MOL continues its foray into experimenting with LNG with an innovative LNG-powered tugboat; meanwhile, MOL’s LNG-bunkering business signs deals around the world.
Three marine terminal operators had approached the U.S. Federal Maritime Commission about forming a joint terminal services and stevedoring operation in the ports of Savannah and Charleston.