A.P. Moller – Maersk and IBM have announced their decision to abandon their blockchain-based global trade platform known as TradeLens after it failed to

Speaking at the Marine Money ship finance forum in New Orleans, a representative of VesselsValue said he is optimistic about the offshore industry for the

Dutch shipbuilder Damen and Caterpillar Inc. have signed a memorandum of understanding for the development of a new series of methanol-powered tugs. The MoU

By Jennifer A. Dlouhy (Bloomberg) — Planned wind projects off the New England coast threaten to harm the region’s dwindling population of

The American Maritime Partnership, representing the domestic maritime industry, has sent a letter to New England governors urging them not to rely Jones Act

The World Shipping Council, representing the international liner shipping industry, has issued a response to the preliminary agreement by the European

On the floor of the International Workboat Show in New Orleans, the American Bureau of Shipping (ABS), a leading international classification society, today

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in

By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to

Coordinated raids were carried out this month across Europe and the United Arab Emirates (UAE) against a criminal “super cartel” involved in

The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters

Nov 29 (Reuters) – Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

By Mike Wackett (The Loadstar) – Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a

By Jordan Fabian, Ian Kullgren and Erik Wasson (Bloomberg) — President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of

By Jonathan Saul LONDON, Nov 29 (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in

LAS PALMAS, Nov 29 (Reuters) – Two of three stowaways who were rescued in Spain’s Canary Islands after enduring 11 days on the rudder of

The operator of a Washington State-based tuna fishing vessel who was found to have used a “paper captain” in violation Jones Act manning

By Barry Parker (gCaptain) – With the big Workboat show coming up in New Orleans this week, gCaptain is taking a look a unique maritime business, of