Shipping

Monthly inbound cargo volume at major U.S. container ports is expected to approach record levels as retailers expedite shipments ahead of a potential strike at

ATHENS/CAIRO, Aug 8 (Reuters) – U.S. military forces have struck at targets in Houthi-controlled Yemen in the past 24 hours, destroying two drones, a

The U.S. Merchant Marine Academy has made progress in addressing campus facility and infrastructure needs since 2022, but progress remains fragile due to a

Aug 8 (Reuters) – Euronav expects a rise global sea trade this year driven by the rerouting of Red Sea shipping though a change in the U.S.

By Malte Humpert (gCaptain) – A week after calling at Russia’s sanctioned Arctic LNG 2 project, liquefied natural gas (LNG) carrier Pioneer has

Ocean container shipping demand from China to North America and North Europe hit record highs in June 2024, driven by importers scrambling to secure their

India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This

(Bloomberg) — Shipping giant A.P. Moller-Maersk A/S is in the process of securing 50-60 vessels as part of its fleet renewal program, including ships

Descartes Systems Group’s August Global Shipping Report reveals a significant increase in U.S. container imports for July 2024, marking the third-highest

(Bloomberg) — China’s export engine, vital for keeping the country’s growth target of around 5% within reach, is now threatened by signs of sagging

COPENHAGEN, Aug 7 (Reuters) – Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up

Mediterranean Shipping Company (MSC) has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The

Maersk is advancing its fleet renewal program by ordering and chartering 800,000 TEU of dual-fuel containerships as it seeks to keep its “competitive

Höegh Autoliners has launched the first Aurora Class pure car and truck carrier (PCTC), Höegh Aurora, at China Merchants Heavy Industry’s yard in Jiangsu,

The Port of Virginia’s newly expanded central rail yard is now fully operational, significantly enhancing the port’s rail capacity to handle 2

Aug 6 (Reuters) – Logistics provider Expeditors International of Washington reported a lower second-quarter profit on Tuesday, after weak demand

OTTAWA, Aug 6 (Reuters) – Canada recorded a surprise trade surplus of C$638 million ($461 million) in June, data showed on Tuesday, mainly led by a

(Bloomberg) — High global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of the world’s larger

The three remaining Filipino seafarers from the Portuguese-flagged MSC Aries, which was seized by Iranian authorities in April while transiting the Strait of

The Panama Canal Authority (ACP) has increased the number of daily transits and maximum draft of the expanded neopanamax locks, bringing the waterway one step