With a tumultuous 2019 within the shipping industry, many are wondering how the new year will play out with many global changes on the horizon. Major factors such as the implementation of the IMO 2020 regulations and the ongoing trade war between the U.S. and China are sure to affect the international shipping rates for […]
EU Emissions Trading System As the year draws to a close, the maritime sector is busily preparing to ensure adherence to IMO’s low-sulfur 2020 rules. But this business belies a hard truth: for all their talk, IMO is simply not taking enough concrete action to reduce greenhouse gas emissions in the next few years. And […]
Maritime Cybersecurity… A few years ago, a spate of attacks captured the world’s attention as Somali pirates hijacked ships and held crews for ransom. The attacks grew more frequent, peaking around 2011, around the time of the dramatic hijacking of the Maersk Alabama— that incident was even adapted into a film starring Tom Hanks. But […]
After years of one-upmanship, ocean shipping’s appetite for bigger and bigger mega-ships may have finally reached its peak. At least, that’s the message from some of the world’s biggest carriers, though others continue to place orders for these giants of the sea. While shipping lines contemplate an end to the arms race, shippers, logistics professionals, […]