Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.
Developers are poised to bring new software to the ocean shipping sector. What will work and what will not?
U.S. coal export volumes are down 12.7 percent in the first four months of this year and the outlook looks even worse for 2020.
Is a recovery near for VLCC crude tanker spot rates? Not yet, warns an an analyst at VesselsValue.
Bringing spot vessels together into a pooling arrangement made sense, but ultimately, business interests diverged.
Switch to long-term coverage that began in 2016 continues to pay off in 2019.
Investor concerns are intensifying over the fate of George Prokopiou’s publicly listed LNG partnership.
Rates are rising for bulkers and gas carriers, while container pricing on the trans-Pacific is showing signs of life.
It has been the slowest start of the year on record for shipping on Wall Street.
With each passing day, it seems the U.S. LNG export sector is gaining further momentum.
There may be so little demand post-2020 for high-sulfur fuel oil that it may end up stored aboard tankers.
As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.
Shipping rates are clawing their way back from lows set earlier this year.
Every corner of the ocean shipping world is completely distinct from the others. What fuels the tanker business is almost entirely different than what steers dry bulkers or container ships. Stark differences exist even within each segment. Take container ships. On one end of the spectrum are the large and ultra-large vessels that have the […]
If a trade war pares GDP growth, OPEC cuts may be extended, weighing tanker rates.
A crackdown on plastic waste illegally ocean-shipped to Malaysia took a dramatic turn last night. The country’s environment ministry announced that it would be sending 450 metric tons of contaminated plastic waste in 10 maritime shipping containers back to their countries of origin.
Private equity-backed ship owners continue to sell fleets to already listed companies in return for shares.
The Teekay companies continue to concentrate their focus on oil and LNG shipping.
As a major owner of Capesize bulkers, Golden Ocean is heavily exposed to events in Brazil.
South Korean ocean carrier HMM may have a shiny new corporate identity but its first quarter results were written in the same dreadful red ink as last year. Although the ocean carrier generated large increases in revenues, its costs surged, which led to large losses in the first three months of 2019.
