Shipping News

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

By Anna Shiryaevskaya (Bloomberg) The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a

The U.S. Coast Guard said 44 vessels with a total of 709 barges are now in the queue as a 1-miles stretch of the Mississippi River remains closed after

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) — The Biden administration temporarily eased century-old U.S. shipping requirements so a

by Doina Chiacu (Reuters) – The U.S. Transportation Department’s Maritime Administration (MARAD) has completed its assessment of what ships are

By Stephen Stapczynski (Bloomberg) At least two of China’s smaller liquefied natural gas importers have been told to avoid buying new cargoes from Australia,

By Ann Koh (Bloomberg) Hundreds of thousands of seafarers risk being stuck at sea beyond the expiry of their contracts because of India’s surging

by Karen Lema (Reuters) – The Philippines has rejected an annual summer fishing ban imposed by China in the disputed South China Sea and encouraged its

By Jessica Jaganathan SINGAPORE, May 3 (Reuters) – Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking

By Ann Koh (Bloomberg) Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending

“The Last Line” is the first documentary produced by Alternative Marine Technologies in association with Harbor Harvest & First Harvest

By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass

SMAILIA, Egypt March 31 (Reuters) – Divers inspected the hull of the Ever Given on Wednesday as the man tasked with investigating how the giant container