News
Russia, China Finalize Deal to Jointly Develop Arctic Shipping Along the Northern Sea Route
Beijing and Moscow have agreed to jointly develop and commercialize shipping along the Northern Sea Route in the Russian Arctic. The deal...
Opinion: Unpacking The Shipping Global Carbon Tax Delay
A fragmented, multipolar approach to decarbonization might actually fit our fragmented, multipolar world better. By James Lightbourn — W...
China Joins Russia’s Shadow Fleet with First-Ever Dark LNG Ship-to-Ship Transfer
Russia has carried out its first ship-to-ship (STS) transfer of liquefied natural gas (LNG) using so-called “shadow fleet” vessels, teami...
Spy Games and Superyachts: Inside the Italy-China Power Struggle Rocking Luxury Shipyards
By Daniele Lepido and Haze Fan (Bloomberg) The battle between Italian luxury yacht maker Ferretti SpA’s management and its top Chinese in...
IMO Delays Vote on Global Shipping Carbon Tax by One Year After U.S. Pressure Campaign
Governments at the International Maritime Organization decided to postpone for one year the adoption of the world’s first global carbon p...
Top Shipping Nation Greece Shies Away From Maritime Carbon Tax
By Sotiris Nikas (Bloomberg) — Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global mariti...
China Port Fees Jack-Up Oil Tanker Costs and Cause Market Chaos
By Weilun Soon and Serene Cheong (Bloomberg) — China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making ...
U.S., China Open New Front in Trade War with Tit-for-Tat Port Fees
BEIJING/LOS ANGELES, Oct 14 (Reuters) – The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that mo...
Chinese Containership ‘Istanbul Bridge’ Reaches UK via Arctic Route in Record 20 Days
Chinese containership Istanbul Bridge is scheduled to arrive at the UK’s largest terminal Felixstowe during the afternoon of October 13. ...