Shipping

COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines have signed a contract for the construction of twelve 14,000 TEU containerships with dual-fuel

Rhode Island-based REGENT Craft has received approval from the U.S. Coast Guard for its Navigational Safety Risk Assessment, marking a significant milestone in

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Aug 30 (Reuters) – OPEC+ is set to proceed with a planned oil output hike

By Mike Wackett (The Loadstar) – Fearing another container spot rate crash, ocean carriers have blanked a number of export sailings from Asia to Europe

ATHENS, Aug 30 (Reuters) – A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by

The Iranian-backed Houthi militant group has released video footage showing them boarding and detonating explosives on the oil tanker MT SOUNION off the coast

By Malte Humpert (gCaptain) – Russia added the next piece to its game of ‘shadow fleet’ chess. Recently sanctioned carrier Everest Energy, carrying a

Lloyd’s Register (LR) has made maritime history by assigning its first class notation for carbon capture onboard a ship. The Pacific Cobalt, a 50,000 dwt

By Michelle Nichols and Mohamed Ghobari UNITED NATIONS/ADEN, Aug 28 (Reuters) – Yemen’s Houthi group has agreed to allow tugboats and

By Lisa Baertlein LOS ANGELES, Aug 28 (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the

By Mary McMillan California is a vital contributor to America’s status as a leading maritime nation, and the California State Assembly deserves much credit

(Bloomberg) — An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking,

By Jonathan Saul and Mohammed Ghobari LONDON/ADEN, Aug 28 (Reuters) – The cost of insurance for ships sailing through

The International Maritime Organization (IMO) has expressed serious concern over the recent attack on the MT Sounion, a Greek-flagged oil tanker, in the

The global container shipping industry is experiencing a significant surge in fleet expansion, according to recent data from BIMCO. Despite initial signs of a

WASHINGTON, Aug 27 (Reuters) – The Greek-flagged crude oil tanker Sounion that was recently attacked by Yemen’s Houthis is still on fire

By Ruth Liao and Stephen Stapczynski (Bloomberg) — The Republic of Palau, an island nation in the Western Pacific, has temporarily suspended the

By Malte Humpert (gCaptain) – Crude oil shipments via the Arctic look set to reach a new highpoint in the coming weeks. The largest oil tanker to venture

The ten largest container ports in the United States experienced “striking” growth in year-over-year inbound cargo volumes in July, according to

By Marianna Parraga Aug 26 (Reuters) – The Panama Canal expects to be ready to combat a possible new drought, which could hit the world’s