MPC Container Ships is seeking approval from its bondholders and lenders for a recapitalization plan designed to improve liquidity and provide the company time to optimize its fleet and position for an anticipated market recovery.
Norwegian-based global shipping company Wallenius Wilhelmsen Ocean AS (WWO) became the latest company to enter a guilty plea to the long-standing criminal cartel case in Australia.
Seeking to ensure its place in the growing number of imitatives to develop autonomous unnamed shipping solutions, South Korea is establishing a new effort to spur the development and commercialization of autonomous ship technology.
The United States’ efforts to interrupt illicit shipping activities designed to avoid sanctions appear to be yielding results
The world’s largest car carrier powered by liquefied natural gas (LNG) sailed on June 16 on its maiden voyage transporting vehicles for the Volkswagen Group from Europe to North and Central America.
The coronavirus pandemic has had an impact on all educational institutions, forcing cancellations, closures and inventive alternatives
With the extreme challenges brought on by the global COVID-19 pandemic, connectivity has never been more important as commercial vessels adjust to rapidly changing situations and the increased demands for operational efficiency and crew welfare.
The COVID-19 pandemic makes travelling impossible for the moment. Postponement of planned dockings may be possible in some cases, but sooner or later one will run into hard, rule-based deadlines. (Here are overviews of the current policies from flag- and port-states as well as classification societi
India is digitalizing its bills of lading and other trade documentation workflows using a blockchain platform as part of its electronic Port Community System.
Ongoing tests are exploring the use of biofuel oil on ro-ro car carriers as part of a program working to advance decarbonization tied to the transportation of freight at sea.
