The U.S. Justice Department has charged the former CEO of Hoegh Autoliners, Ingar Skiaker, with price fixing in the car shipping business from 2006 to 2012. That puts the issue firmly in the past, but is a reminder of the regulatory risks in shipping industry which often rely on partnership... Read more →
Breakbulk shipping operator Hoegh Autoliners has started adapting its vessels to use low-sulfur fuels to meet IMO emissions standards from 2020. On the basis of year-to-date fuel prices the basic cost of bunker fuel for the firm could rise by 44.9%. Hoegh will likely look to pass this onto ... Read more →