maritime News Updates

GovernmentBusinessFuel

New Shipping Fuel Rules Are Starting to Rock the Oil Market

They may still be six months away, but new rules on marine fuels are already sending shock waves through the little-known world of refinery feedstocks.

July 3, 2019
BusinessEquipmentFuel

Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say

The looming adoption of a mandate that will require maritime vessels to burn cleaner fuel is projected to put upward pressure on diesel prices next year, but transportation experts are more concerned about how the change will affect the supply of diesel fuel for trucks.

April 3, 2019
GovernmentBusinessFuel

Tolls, Regulations, Bunker Fuel Costs Could Vex Industry

ATLANTA — Incoming fuel regulations and political gridlock will bring unwelcome expenses and headaches to shipping and trucking companies through next year, according to one policy expert who spoke at SMC3 Jump Start 2019 on Jan. 29.

January 30, 2019
GovernmentBusinessFuel

New Low-Sulfur Rules for Maritime Fuels Force Fleets to Scramble

The International Maritime Organization announced that shippers and global refiners must reduce sulfur content in marine bunker fuels by January 2020, five years earlier than had been expected.

August 29, 2017
Business

CMA CGM Stakeholder Looks to Sell and Buy Ports America

Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the family-owned Turkish company presses ahead with a plan to acquire Ports America Holdings Inc., a U.S. maritime-terminal operator.

July 6, 2017
GovernmentBusiness

Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer

Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.

March 13, 2017
Business

West Coast Labor, Management to Discuss Contract Extension

The Pacific Maritime Association and the International Longshore and Warehouse Union, whose protracted labor dispute disrupted trucking and port operations early in 2015, have targeted Nov. 1 and Nov. 2 for talks to address a potential contract extension.

September 27, 2016