News
McCown: U.S. Container Imports Face Historic Decline as Tariff Effects Take Hold
The U.S. container shipping industry is heading toward what could be one of the most significant volume declines in its six-decade histor...
Iraq Increases Oil Exports, Sees Extra Revenues
Sept 21 (Reuters) – Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement,...
Nations Ratify First Global Treaty to Protect Ocean Life
Sep 19, 2025 (Bloomberg) –As climate impacts multiply, a landmark United Nations treaty to protect ocean lifewill go into effect in Janua...
Major Shipping Firms Warns Net Zero Plan Could Cost Over $300 Billion by 2035
A group of shipping firms warned that the International Maritime Organization’s planned net zero rules risk imposing significant costs on...
COSCO Vows Service Stability as U.S. Port Fees Threaten $1.5 Billion Hit
Chinese shipping giant COSCO has affirmed its commitment to maintaining “stable and reliable services” in the United States despite loomi...
NOAA and Fugro Team Up to Advance Uncrewed Deep Ocean Mapping
NOAA Ocean Exploration and Fugro have signed a cooperative research and development agreement (CRADA) focused on advancing uncrewed syste...
Shipping Industry Risks Missing 2030 Zero-Emission Fuel Target Despite Historic IMO Framework
Despite this year’s breakthrough agreement on the International Maritime Organization’s Net Zero Framework, the shipping sector remains o...
WSC Launches Global Cargo Safety Program to Combat Rising Containership Fires
The World Shipping Council (WSC) has launched an industry-first Cargo Safety Program aimed at preventing devastating ship fires caused by...
US Will Have Access To Western Australia Nuclear Submarine Shipyard
Sept 14 (Reuters) – Australian Defence Minister Richard Marles said on Sunday that the United States would be able to use planned defence...