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COSCO SHIPPING receives approval for new ammonia-fuelled vessels

On 30 October, the design scheme for a 50,000 cubic meter ammonia dual-fuel carrier, jointly developed by COSCO SHIPPING Energy and COSCO SHIPPING Heavy...

US MARAD selects ABS to head Maritime Innovation Centre

The Office of Environment and Innovation at the United States Maritime Administration (MARAD) has chosen ABS to establish and oversee the US Center for...

Making container shipping safer, smarter and more sustainable

Combining route splitting with advanced weather routeing can create commercial and operational opportunities, writes Christoph Rasewsky, Global Container Sector Lead of ABS Container ship operators...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

ABS inks MoU to develop cutting-edge hydrogen-fuelled vessel

ABS inked an agreement with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to create a...

ABS appoints new president

John McDonald is the new president of ABS, as announced by the company's chairman and CEO Christopher J. Wiernicki, at the ABS Board meeting...

ABS signs Polish offshore wind sector agreement

American Bureau of Shipping (ABS) Poland Sp. z.o.o. signed the Polish Offshore Wind Sector Deal, supporting the development of the country's offshore wind energy...

Largest container ship in the world receives ABS classification

Evergreen's giant container vessel, Ever Alot has received classification from the American Bureau of Shipping (ABS). It is the largest container ship in the world, with...

Zero carbon shipping research centre opens in Denmark

A group of leading industry companies has launched the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, a non-profit organisation aiming to reduce the...

Shipowners and class take regulatory lead on fighting fires

Last year was one of the toughest in container shipping’s history for cargo fires in terms of the number of incidents with insurers warning...
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Savannah expedites India-bound cargo to market by up to eight days

Georgia Ports said the Port of Savannah is up to eight days faster for Indian cargo moving to inland markets such as Atlanta, Chicago...

Global bunker indices rise steadily

During the third week of the year, the Marine Bunker Exchange (MABUX) global indices exhibited a steady upward trajectory. The 380 HSFO index increased by...

Port of Southampton sets new records in cruise activity

2024 marked another highly successful year for the cruise industry at Associated British Ports (ABP) Southampton, reinforcing its position as Northern Europe's top cruise...

Stock Market Moves: Weekly Performance of Major Ocean Carriers

The container shipping industry experienced a dynamic week, shaped by macroeconomic trends, geopolitical events, and trade dynamics. Volatility in fuel prices, shifts in demand...
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