Shipping

Fresh Del Monte Produce Adds Energy Efficient Container Vessels To Its Fleet

Fresh Del Monte Produce has announced that it has added six new energy-efficient reefer container vessels to its fleet in a bid to meet its sustainability...

Hapag-Lloyd Ups H1 Profits And Keeps Guidance, But Warns Of Risks

German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the sam...

Sugar Shipping Rush In Brazil Amid COVID Surge Causes Vessel Logjam

More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scramb...

China's Trade Faces Challenges As Small Firms Battle Coronavirus Impact

China's foreign trade faces challenges as small- and mid-size firms in its supply chains battle financing difficulties amid trade curbs, lack of raw materi...

IMO's Marine Fuel Rules Sets Shipping Industry For A Comeback In 2020

The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at the beginning of the year after...

Global Refiners Raise Cleaner Shipping Fuel Output Ahead Of IMO 2020

Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare...

Maersk Sees Slight Pick Up In Container Traffic Next Year

Shipping group A.P. Moller-Maersk sees scope for a slight pick up in global seaborne container traffic in 2020 compared with this year, with ongoing trade...