shipping

NETHERLANDS-UK-NAVY

Ships To Soon Pay For Pollution They Create With The World's First Global Emissions Tax

The International Maritime Organization (IMO) recently concluded talks in London to introduce the world's first global emissions tax. The tax, backed by 34 nations, aims to steer the shipping industry toward eco-friendly practices.

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Shipping Giants Maersk and Hapag-Lloyd Suspend Red Sea Travel After Houthi Rebel Attacks

Shipping Giants Maersk and Hapag-Lloyd Suspend Red Sea Travel After Houthi Rebel Attacks

Shipping giants Maersk and Hapag-Lloyd have temporarily suspended their container ship travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East, citing security risks.

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FedEx Said Amazon Needs Tens of Billions of Dollars and Years to Compete

FedEx said in a statement that “a new entity competing” with the company will have to spend tens of billions of dollars to replicate its current extensive network. The statement, referring to Amazon’s new plan to get into the logistic business, also assured that FedEx’s relationship with Amazon remain strong.

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How China's shadowy agency is working to absorb Taiwan

Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the legion of Taiwanese businessmen working in China is a beachhead.

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Shipping lines apply 'Ebola clause' to fend off virus risks

As Ebola persists in West Africa, shipping lines and traders are tweaking their contracts to protect themselves if the disease puts crews at risk of infection or prevents vessels calling at affected ports.

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China pledges mergers, private investment in shipping industry reform

China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry.

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Ports tighten ship entry procedures as Ebola fears spread

Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus.

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Wilbur Ross hedges bet on emerging market growth

Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.

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EU-US trade pact face uphill climb

The Transatlantic Trade and Investment Partnership had faced gale winds and now stands to undergo rough seas.

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Ocean Yield IPO Price Cut Attracts More Buyers

Ocean Yeild's initial IPO was cut and now attracts more potential buyers.

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