Shipping

By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at

By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask

By Sam Norton, New England governors are clamoring for Energy Secretary Jennifer Granholm to support waivers to the Jones Act, a law requiring that cargo

By Mike Wackett (The Loadstar) – Since August 2020, MSC Mediterranean Shipping Company brokers have completed the acquisition of nearly 250 second-hand

By Jan Strupczewski and Kate Abnett BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel

A.P. Moller – Maersk and IBM have announced their decision to abandon their blockchain-based global trade platform known as TradeLens after it failed to

Dutch shipbuilder Damen and Caterpillar Inc. have signed a memorandum of understanding for the development of a new series of methanol-powered tugs. The MoU

The American Maritime Partnership, representing the domestic maritime industry, has sent a letter to New England governors urging them not to rely Jones Act

The World Shipping Council, representing the international liner shipping industry, has issued a response to the preliminary agreement by the European

On the floor of the International Workboat Show in New Orleans, the American Bureau of Shipping (ABS), a leading international classification society, today

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in

By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to

Coordinated raids were carried out this month across Europe and the United Arab Emirates (UAE) against a criminal “super cartel” involved in

The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters

Nov 29 (Reuters) – Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

By Mike Wackett (The Loadstar) – Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a

By Jordan Fabian, Ian Kullgren and Erik Wasson (Bloomberg) — President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of

By Jonathan Saul LONDON, Nov 29 (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in