The EU will introduce its own shipbreaking regulations next year, and these will be more comprehensive than the IMO's Hong Kong Convention in several aspects. One upcoming EU requirement in particular is getting a lot of attention.
Jørn Hinge has decided to step down as CEO of United Arab Shipping Company, UASC, which is headed for a merger with Germany's Hapag-Lloyd, he told ShippingWatch. This marks the end of a 50-year career in shipping
The fire sale of assets in collapsed Hanjin Shipping can now begin, and several observers project that the company's days as a container carrier are over.