Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report

Swiss shipping line MSC Mediterranean Shipping Company says it is doubling down on its commitment to avoid sending ships through the Arctic as some debate the

By Angelo Amante ROME, April 1 (Reuters) – Italy’s government has ruled that large cruise ships and container vessels must not pass close to

By Jonathan Saul and Patrick Werr CAIRO, April 1 (Reuters) – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is

New York-based Bouchard Transportation and three former and current company officials have paid $375,000 in restitution to a whistleblower who the company

By Gavin van Marle (The Loadstar) – As the investigation into the grounding of the Ever Given in the Suez Canal begins, the

The technology group Wärtsilä has signed long-term Optimised Maintenance agreements covering five LNG Carrier vessels owned and operated by

By Tarek El-Tablawy (Bloomberg) — Egypt said it may seek around $1 billion in compensation after the giant containership Ever Given blocked the Suez

by Carolyn Cohn (Reuters) – The recent blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine