By Ann Koh (Bloomberg) — Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some...

NYSE-listed SFL Corporation (NYSE: SFL) has agreed to acquire two secondhand 14,000 TEU containerships backed by charters to a leading container line. The company described the vessels as modern eco-design...

The U.S. Federal Maritime Commission has requested answers from eight ocean carriers regarding congestion-related surcharges they have either implemented or announced. The FMC says the information request is part of...

Work to lift the latest section of the Golden Ray has been put on hold as responders continue to clean-up an oil spill that was first reported at the site...

Two former crew members of the MSC Gayane have been sentenced to prison for their roles in a plot to smuggle an estimated $1 billion worth of cocaine through the...

By Lisa Barrington and Jonathan Saul DUBAI/LONDON, Aug 3 (Reuters) – Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the coast of the United...

By Sean T. Pribyl (Holland & Knight) – On July 21, 2021, U.S. Coast Guard Commandant Admiral Karl L. Schultz testified to Congress on a discreet budget issue that one may have...

By Nick Savvides (The Loadstar) Following its formal complaint to the Federal Maritime Commission(FMC) last week, Pennsylvania home décor firm MCS Industries CEO Richard Master has told The Loadstar why the company felt it had...

By Frank Coles If you don’t like direct, brash or in your face, stop reading now. You may not like or even agree with what I am going to say...

By Arsalan Shahla and Gwen Ackerman (Bloomberg) — The U.S., Israel and the U.K. all vowed to respond to a deadly drone attack on an Israeli-linked tanker last week in a...

A.P. Møller – Maersk has again upgraded its full-year 2021 guidance to reflect strong Q2 results and “an exceptional market situation,” the company said in a trading update. Maersk on...

By Nick Savvides (The Loadstar) – A Pennsylvania-based shipper has lodged a formal complaint against two global shipping lines. In a $600,000 lawsuit filed with the Federal Maritime Commission (FMC) last week,...

Hapag-Lloyd expects to report first-half 2021 earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately $4.2 billion as global demand for container shipping remains high, according to preliminary figures...

Update: Zodiac Maritime confirms the MT Mercer Street is “sailing under control of her crew and under her own power at 14 knots to a safe location with a US...

U.S. Customs and Border Protection ordered a Panama-flagged bulk carrier to immediately depart U.S. waters earlier this month after the discovery of invasive insects on board. CBP says the M/V...

By Mike Wackett (The Loadstar) – With the exception of a few containership owners that are enjoying eye-watering short-term charters, most non-operating owners have chosen to fix their ships on lengthy periods...

The Federal Maritime Commission has been presented with a set of interim recommendations from its fact finding investigation into challenges facing the ocean transportation supply chain brought on by the...

The U.S. Maritime Administration has awarded Crowley Maritime Corporation with a multi-year, $638 million Vessel Acquisitions Management contract. As the Vessel Acquisition Manager, Crowley will assist MARAD in acquiring and...

NYSE-listed shipping company Costamare Inc. (NYSE: CMRE) says it has agreed to acquire an additional 21 dry bulk vessels after announcing its entry into the sector earlier this year. Including...

New Zealand health officials have confirmed additional cases of COVID-19 on board the containership Mattina, bringing the total number of confirmed cases on the ship to 15. Officials perviously reported...