Shipping

Diana Shipping has begun selling down its stake in Genco Shipping & Trading, dropping below the 10% ownership threshold just weeks after abandoning its

The International Maritime Organization’s Net-Zero Framework emerged largely intact from another round of negotiations this week, despite a push by the

Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine a day earlier and well below the 10-day average tally of

Lloyd’s Register, A.P. Moller-Maersk and two major container ports are teaming up to examine what it would take to operate a nuclear-powered containership

Alternative-fueled ship ordering accelerated sharply over the summer, with August recording the strongest monthly total in nearly two years as LNG-fueled

By Lori-Ann LaRocco – The payout to vessel owners damaged in the Iran War is the second-biggest payout for marine underwriters in more than a decade,

Ukraine attacked a small service ship involved in planned  repair works at the key CPC oil terminal in the Black Sea, a person with knowledge of the matter

A key measure of bulk-shipping rates has touched a two-year high and risks climbing further, according to analysts, as bad weather crimps the availability of

Global container shipping rates held steady this week as stronger pricing on the Transpacific offset declines on Asia-Europe routes, according to Drewry. The

The global containership fleet is about to cross another major milestone, with capacity set to reach 34 million TEU after growing by 10 million TEU in just

REGENT Craft has completed the first human-crewed flight of its full-scale Viceroy Seaglider prototype, a major milestone in the Rhode Island company’s

The head of Japanese shipping company Mitsui OSK Lines Ltd. expects disruption in the Strait of Hormuz to last longer than previously assumed, with recent

A bipartisan group of House lawmakers has introduced legislation that would give U.S. merchant mariners working in international trade a tax break similar to

Norwegian authorities have seized a Russian-owned expedition ship in Svalbard at the request of Ukraine’s Naftogaz Group as the company seeks to enforce a

Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the

A.P. Moller-Maersk is preparing to test wind-assisted propulsion on one of its containerships, with plans to install a large Rotor Sail on an 8,700-TEU vessel

Two seafarers have been killed in an attack on a tanker in the Strait of Hormuz, UK Maritime Trade Operations confirmed Wednesday, bringing the known death

Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian drone

Major shipping industry groups are urging European policymakers to approve two Indian ship recycling yards for inclusion on the European Union’s approved

By Jasper Ward and Parisa Hafezi WASHINGTON/DUBAI, Sept 1 (Reuters) – The U.S. launched new air strikes on Iranian targets on Tuesday, quashing