Costs

War risk insurance rates for Black Sea shipping climbed after Ukrainian naval drones attacked two tankers bound for Novorossiysk, reported Reuters.

THE costs of 'sustainable' fuels is making nuclear-powered vessels more attractive in the quest to decarbonise shipping, according to experts, reports New York's Journal of Commerce

TRUCKING costs could hurt US president Joe Biden's off-site container storage plan, reports New York's FreightWaves

THE cost of China-Europe shipping has more than quadrupled in the past two months weeks, hitting record highs as a shortage of empty containers stemming from the Covid crisis, reports London's Financial Times

Marine piracy has hit the global economies hard with an estimated $6 billion loss last year alone, experts in the industry revealed in Dubai during

When it comes to the rising costs of bunkers, ship owners are often presented with a variety of solutions and choices, both in terms of technology available and in terms of use of new tools. In an interview with Hellenic Shipping News Worldwide, Camille Egloff-Ghicas, Partner and Managing Director in BCG (Boston Consulting Group) Athens and leading the BCG Shipping practice in Hellas, noted that b...

TWO men lost their lives and another 13 men have been injured during scrapping operations onboard a containership at a shipbreaking yard in Bangladesh

Somali pirates have driven up shipping costs in the Indian Ocean, resulting in world economic losses estimated at $7 billion to $12 billion a year, a study by One Earth Future Foundation said.

TOTAL vessel operating costs in the shipping industry are expected to increase by 2

TEAMSTER harbour truckers serving southern California were to strike against two major logistics companies this week over alleged misclassification of drivers as independent contractors rather than regular employees

An internal government memo warns that the national shipbuilding program is facing “major cost escalations” that could limit the number of ships built and what they can do.