FRANKFURT ― There is no specific timeline for when the shipping industry will resume sailing through the Suez Canal, but any return would be gradual, the chief executive of Hapag-Lloyd, the world's fifth-largest container company, said on Thursday.
Thomas Kazakos, secretary general of the InternationalChamber of Shipping, discusses the US and China's tariffs and port fees, and says that the way to encourage investments in the shipping sector is through incentives, not restrictions ... .
The declaration comes at a time when the broader shipping and tanker industry is navigating a period of significant change ... Historically, the shipping industry has demonstrated its capacity to adapt to significant regulatory shifts.
The Port Authority of Guam is transforming its main facility in Piti to improve fuel and tourism efficiency for cruise ships, as well as accommodate recreational use for Guam residents ... cruise ships.
"Three people wearing face masks in a warehouse or industrial setting ... The Texas shipping industry faces mounting pressure to secure comprehensive insurance protection as maritime operations expand across the Gulf Coast.
Ample grain exports have partly counterbalanced a slowdown in vessels carrying cars and shipping containers into the U.S. on the river. Those three commodities are crucial to Columbia River trade ....
French companyVela is building a 100% wind-powered cargo ship, using offshore racing technology to drastically reduce carbon emissions in the shipping industry ... .