Having been excluded from the Paris Climate Change Conference, the shipping industry is now left to come up with its own standards on reducing carbon emissions, or potentially be subject to a hodge podge of rules from countries around the world.
The shipping industry was not immune to the effects of the recession and now, like every other industry affected by the financial upheaval of 2008-09, shipping is gradually working its way back to pre-recession levels. Could 2016 be the year that things really start to look up for shipping?
The shipping industry has long had to contend with the threat of seagoing pirates. However, more recently shipping has joined the growing list of business sectors vulnerable to a new kind of security threat–hacking. In the face of this rising threat, shipping owners and industry leaders the world over are looking for better ways to […]
As the shipping industry consolidates to address the challenge of keeping costs in check, busy ports like Los Angeles are seeing an influx of traffic by way of megaships–some as long as the Empire State Building is tall, and capable of carrying twice as much as the largest ships currently operating.