News

  COPENHAGEN, Sept 25 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31 percent to $313

  U.S.-flag Great Lake carriers are using a recent 20-day closer of a lock at the Soo Locks in Sault Ste. Marie, Michigan to highlight the need for a

  LONDON, Sept 25 (Reuters) – Jeremy Penn, chief executive of London’s centuries old Baltic Exchange will step down next year, the exchange

  The Port of Miami is now the only major logistics hub south of Virginia capable of handling fully laden post-Panamax vessels with the completion of a

  A ship is blanketed in thick haze at while unloading cargo at the Tanjong Pagar shipping container port in Singapore, September 24, 2015. 

Samsung Heavy Industries has launched the semi-submersible that will serve as the central processing facility (CPF) for the giant Ichthys LNG project off

Cruising around the Caribbean or Mediterranean in a mega yacht may be relaxing and all, but for you more adventurous yachtsmen unafraid of a

  NAIROBI, Sept 24 (Reuters) – Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations

  SHANGHAI, Sept 24 (Reuters) – China is probing shipping companies over allegations that they have been levying arbitrary and excessive charges,

  By Christine Buurma (Bloomberg) — When TOTE Inc., a shipper that operates between the U.S. and the Caribbean, launched its latest container ship

  By Gavin van Marle, The Loadstar Just how much money would container shipping lines be losing if it weren’t for the relentlessly steep decline in

  In a very interesting recent transaction in the dry bulk market, Sea Traders of Greece has acquired at auction in China eight modern dry bulk vessels,

  By Jean-Baptiste Vey and John Irish PARIS, Sept 23 (Reuters) – France has agreed to sell two Mistral helicopter carriers to Egypt for 950 million

  By Ole Mikkelsen COPENHAGEN, Sept 23 (Reuters) – Danish shipping company Torm said on Wednesday it would withdraw from the lacklustre dry bulk

  By Saleha Mohsin (Bloomberg) — Billionaire John Fredriksen and Exmar NV canceled a deal to create a liquefied natural gas company that would have

  By Joseph Akwiri MOMBASA, Kenya, Sept 23 (Reuters) – Weapons found by Kenyan police on a ship last week had been stashed inside a shipment of

  WASHINGTON, Sept 22 (Reuters) – The sea trial schedule for the aircraft carrier USS Gerald R. Ford has been delayed six to eight weeks after

  The Swedish Coast Guard and a commercial salvage crew are continuing to respond to a bulk carrier hard aground off the west coast of Sweden in

The Chile Ro-Ro ferry Amadeo I was towed out to sea and scuttled on Monday after a year-long operation to remove the vessel from the shores of a fjord

  The global shipping industry is targeting a 50% reduction in carbon dioxide emissions by 2050. The new target was set forth by the International Chamber