Second Arrest Warrant Issued for GP Global's Tanker

An Indian court has issued a second arrest warrant for a marine refueling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed.On Sept. 10, the High Court of the western Indian state of Gujrat granted the vessel manager's…

Global Demand for Marine Fuels to Fall by Up To 17%

Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus pandemic on world trade, setting the stage for more consolidation among bunker suppliers, an industry executive told a conference on Wednesday.Banks scaled back on their commodities trade finance aft

EU Parliament Votes to Make Ships Pay for Their Emissions

The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping…

Baltic Index Gains as Capesize Vessel Rates Rise

The Baltic Exchange's main sea freight index rose for a second consecutive session on Tuesday, buoyed by stronger rates for capesize vessels.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Port of Los Angeles Imports Soar

Port of Los Angeles container volumes hit an all-time high in August, as importers restocked warehouses and retailers prepared for the upcoming holiday season, but officials warned that uncontrolled spread of COVID-19 remains an economic threat."The…

France Gives €30 Million to Aid Ferry Companies

The French government will reimburse 30 million euros ($35.5 million) in payroll costs to French ferry companies hit by the coronavirus crisis and Brexit, Prime Minister Jean Castex told parliament.Shipping firms have suffered from lower traffic…

Mobility: The strongest link in connected supply chain

A mobile technology “arms race” is underway as companies re-imagine their supply chains, incorporate more mobility solutions into those networks, and work harder to future-proof their business models.

Charting Terradepth's Big Ambitions in the Unmanned Vehicle Space

Ocean mapping at scale is the target of a new unmanned systems player started by two ex-US Navy SEALS. They have big ambitions, from new building unmanned vehicles to creating the intelligence that will drive them to changing how accessible ocean data is. Elaine Maslin learned more.

Australian shippers angered by congestion surcharges amid delays, diversions

(This story has been updated to reflect surcharges and service adjustments announced by Hapag-Lloyd on Tuesday).Australian shippers are outraged after Hapag-Lloyd, CMA CGM, ANL, and...

Maritime History: Columbia Lighting the World; How Classification Can Make a Difference

I don’t remember when I discovered that the first application of lightbulbs occurred at sea rather than ashore. But when I dug a little deeper into the subject recently, I came across an interesting set of coincidences that shows how innovation often relies on simply doing…