NYK to Buy Carbon Credits From Direct Air Capture Plant
Japanese shipowner NYK has reached a deal with Eneos to buy conventional bunker fuel with attached carbon credits, or offsets.…
Eastern Shipbuilding Starts Work on New Saltchuk Tugs for Fleet Renewal
Eastern Shipbuilding Group (ESG) initiated steel cutting at its Allanton Facility in Panama City, Florida for the first of four…
Asia-US container spot rates spiking to year-end highs
Spot rates from Asia to the US rose to highs this week as a looming dockworker strike on Jan. 15,…
Harnessing revenue growth management for sustainable success
In recent years, many consumer companies have delivered strong price-driven sales growth at the expense of volume. As inflation abates,…
Navantia Set to Bailout Harland & Wolff in Deal with UK Government
The famed UK shipbuilder Harland & Wolff is set to be saved for a second time from bankruptcy as reports…
Somali Pirates Up Demand to $10 Million for Release of Chinese Fishing Boat
Negotiations are reportedly underway between a local representative for a Chinese fishing vessel and tribal elders representing the pirates that…
Asia-US spot rates surge to near-record levels
Spot rates from Asia to the US rose to near-record highs this week as a looming dockworker strike on Jan.…
Germany says Chinese man arrested on naval base, spy charges being considered
Chinese man arrested on German naval base, TV says spy charges being considered