Costs
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Port News
Rising costs and market disruption bring inventory management back into focus
Lack of visibility on spare parts means vessel operators are wasting money onboard and ashore, writes Gurinder Singh, director of…
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Maritime News
Eneos Cites Investment and Regulatory Costs in Sale of 49 Vessels to NYK
Japan’s NYK Line, already a leader in energy shipping, plans to further consolidate the industry through an agreement that will…
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Maritime News
Indian Government Wants to Launch New Line to Lower Shipping Costs
News that India is planning to launch a new shipping company through a public partnership is being met with…
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Marine World
EverClean Improves Performance and Reduces Fuel Costs up to 20%
Greensea IQ’s EverClean proactive hull cleaning service represents a revolutionary shift in biofouling prevention, leveraging robotics to replace traditional, costly,…
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Marine World
New U.S. Tariffs on Chinese Imports Could Spike Supply Chain Costs
U.S. President Joe Biden has announced new tariffs on Chinese imports, a move that could further disrupt global supply chains…
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Maritime News
Jordan Adapts to Higher Shipping Costs From Red Sea Security Crisis
Jordan is bracing itself for extended shipping disruption in the Red Sea. Last week, Jordan’s cabinet led by the…
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Maritime News
Maersk Warns Red Sea Impact Widens Creating Capacity Constraints and Costs
The largest container carriers are warning customers of increased disruptions and costs after the Houthi widened the attacks further…
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Maritime News
Maersk Raises 2024 Outlook While Cautioning of Long-Term Challenges
Maersk reported what management called “a positive start” to the year in its first quarter results that was in…
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Maritime News
Ships Docked as Striking Greek Workers Protest Over Rising Costs
Thousands of Greek striking workers, students and pensioners marched through central Athens on Wednesday to protest over wages which they…
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Marine World
New Rule Aims to Protect U.S. Taxpayers from Bearing Offshore Decommissioning Costs
The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of…
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