Maritime News

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years, according to

By Roslan Khasawneh and Muyu Xu (Reuters) Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box

A Mexican navy sealift ship carrying 1,000 tonnes of beans, medical equipment, and humanitarian supplies arrived in Cuba

By Jonathan Saul (Reuters) There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers,

By Adriana Barrera (Reuters) – A diesel cargo sent by Mexico’s state-run Pemex is due to arrive in Cuba’s Havana port on Monday, according to

This week Russian President Vladimir Putin met with the country’s shipbuilding executives to review plans to prioritize short sea shipping with the hope

U.S. shipments of liquefied natural gas exceeded Australia’s for the first time ever. By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per

By Brendan Murray (Bloomberg) –The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps

By K Oanh Ha and Kevin Varley (Bloomberg) In late December, some 1,800 bulls left Spain for Turkey aboard a ship called the Elbeik. The trip was supposed to

by John Konrad (gCaptain) Frank Coles is turning into a one-man force to be reckoned with. Articles are written by the ex-group CEO at Wallem, and CEO Transas,

By Daren Butler (Reuters) Turkish President Tayyip Erdogan on Saturday launched a $15 billion canal project intended to relieve pressure on the busy Bosphorus

By Stephen Stapczynski (Bloomberg) Natural gas markets around the globe are rallying as the world’s importers have come to a stark realization: there isn’t

By Abdel Latif Wahba (Bloomberg) Egypt expects to finalize an agreement next week for compensation over the giant ship that blocked the Suez Canal in March,

ISMAILIA, June 23 (Reuters) – The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached agreement in principle in a

by Captain John Konrad (gCaptain) Last November, Forbes published a series of articles claiming that the most critical nomination Biden will make for the

By Abdel Latif Wahba and Salma El Wardany (Bloomberg) An Egyptian court adjourned a case over the giant ship that blocked the Suez Canal to allow the

ISMAILIA, Egypt June 20 (Reuters) – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute

In 2019 the ocean logistics unicorn Flexport secured $1 Billion in Funding Led by Japan’s SoftBank Vision Fund, now the legendary startup bank has

By David Lawder (Reuters) – U.S. Customs and Border Protection on Friday imposed a new import ban on seafood from a Chinese fishing fleet that the agency

Sabrina Chao takes over as the 45th President of BIMCO, the world’s largest direct entry shipping organization with 1,900 members in 120 countries