WELLINGTON, April 14 (Reuters) – New Zealand will cease the export of livestock by sea following a transition period of up to two years, Agriculture Minister Damien O’Connor announced on...

By Andres Guerra Luz and Isis Almeida (Bloomberg) — Net bullish wagers on rising commodity prices fell to the lowest since December last week, raising questions about the commodity supercycle. Money...

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower...

By Mike Wackett (The Loadstar) – After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that in Q1 this...

A dry bulk shipping exchange traded fund (ETF) has emerged as the top performing ETF in the first three months of 2021, reflecting a strong turnaround for the dry bulk sector....

Greek shipping magnate John Angelicoussis passed away on Saturday after suffering a heart attack last month, his family has confirmed. “It is with great sadness and regret that Maria Angelicoussis,...

By Jonathan Saul and Carolyn Cohn LONDON, April 8 (Reuters) – Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez...

By Mike Wackett (The Loadstar) – There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the week-long Suez Canal blockage restricts both vessel and...

By Clyde Russell LAUNCESTON, Australia, April 9 (Reuters) – China is paying a high price for its unofficial ban on coal imports from Australia, with the cost of domestic and...

By Brendan Murray (Bloomberg) — Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that...

French shipping line CMA CGM says it will purchase 12,000 tonnes of biomethane fuel as part of the company’s plan of becoming carbon neutral by 2050. That’s enough biomethane to...

By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES, April 8 (Reuters) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near...

Federal Maritime Commission held a virtual meeting Wednesday discuss developments in the ongoing fact finding investigation into challenges facing the ocean transportation supply chain system and possible Shipping Act violations...

An Antarctic resupply vessel chartered by the Australian government suffered a fire in one of its two engine rooms while returning from a mission to the frozen continent. The ice-strengthened...

By Mike Wackett (The Loadstar) – Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but are expected to have significantly topped that record...

By Isis Almeida, Rachel Graham and Annie Lee (Bloomberg) — For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for...

By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports running ahead of shipments to overseas customers....

A 366-meter containership belonging to MSC Mediterranean Shipping Company has broken down in the Pacific Ocean after reporting a fuel quality issue and the ship is now under tow to...

By Nadeen Ebrahim and Patrick Werr ISMAILIA, Egypt, April 6 (Reuters) – The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever...

By Jack Wittels and Salma El Wardany (Bloomberg) — Traffic through Egypt’s Suez Canal was briefly halted on Tuesday, just two weeks after a giant container ship ran aground and blocked the waterway...