Transformation within the shipping industry is continuous, driven by factors such as globalization, increasing trade volumes, governmental regulations, and technological advancements. At FGN, we make it a priority to be aware of market dynamics and developments within...

General average is a principle of maritime law that states that all stakeholders in a sea venture proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. This principle has been around for...

It is important to stay up-to-date on global shipping regulations, including laws that impact our customer’s ability to efficiently and cost effectively move their cargo. As far as local regulations are concerned, the Jones Act is an often discussed act within FGN’s...

FGN continuously monitors changes in regulations that may impact our customers and service offerings. The International Maritime Organization’s (IMO) adoption of a 2016 regulation aimed at reducing emissions is one that has had lasting effects on shipping costs. The...

The potential benefits to autonomous ships are many. They will obviously reduce crew expense and possibly reduce safety related costs. But as importantly, they will introduce efficiencies into operations by using data analysis to operate more efficiently in the myriad of sea and weather conditions that ships face on a daily basis. That in turn will save energy expense, which is the largest single cost driver in the ocean shipping business.