Shipping

By Kati Pohjanpalo (Bloomberg) –Russia has cut Finland off from its natural gas supplies as relations between the two neighbors sour over the Nordic

CAIRO May 21 (Reuters) – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance

By Sergio Chapa (Bloomberg) —Excelerate Energy Inc. signed a 10-year deal to move a ship that stores liquefied natural gas to Finland, allowing the

Shipping on the Great Lakes has kicked off with a bang this season as ports in the region step up to fill the global void of grain caused by

Ocean carriers raked in a “mind-bending” $59.3 billion profit in the first quarter of the year—the highest quarterly earnings in container

By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by

By Chen Aizhu and Florence Tan SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices,

By Ira Breskin ROTTERDAM—There is no clearly optimal marine fuel to power the current and future generation of cargo vessels, speakers said Thursday here at

By Mike Wackett (The Loadstar) – The ‘drip-drip’ erosion of container spot rates on the transpacific and Asia-Europe tradelanes since the Chinese

By Ben Stupples (Bloomberg) — Gianluigi Aponte left a job in finance to focus on shipping. Now, decades later, he has one of the world’s biggest

By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the

The U.S. National Oceanic and Atmospheric Administration (NOAA) is seeking proposals from U.S. shipbuilders for the design and construction of two new ocean

Containership lessor Seaspan Corporation has once again expanded its newbuild orderbook, announcing it has entered into shipbuilding agreements for the

By James Attwood, Augusta Saraiva and Sergio Chapa (Bloomberg) — The global shipping bottlenecks rattling industries and consumers in the pandemic era

The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) ticked up in April for the first time since its December peak. The

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

A subcommittiee of the International Labour Organization (ILO) has agreed to raise the minimum wage for seafarers to up to $673 per month following the

Though news reports are no longer highlighting the ships anchored in San Pedro Bay, the container shipping segment continues to pump out strong earnings. In

By Tim Hepher and Gus Trompiz PARIS, May 18 (Reuters) – French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo

By Ann Koh and Kyunghee Park (Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to