The International Maritime Organization Council meeting next week is expected to endorse IMO secretary general for another four-year term at the helm. With no other candidates so far, a proposal to extend Mr Lim's tenure beginning in 2020 will likely pass without opposition..
Weak rates and higher fuel costs push Israeli line into the red despite higher volumes
Maersk Line, CMA CGM, Hapag-Lloyd, Mediterranean Shipping Co and Ocean Network Express converge to form a new carrier association that aims to bring an industry standard to core IT practices. The non-profit body aims to be up and running by early next year.