Shipping

Multiple news sites are reporting that the Panamanian-flagged containership has sunk in the Red Sea nearly a week after a fire broke out in a cargo hold. The

By Brian K. Sullivan (Bloomberg) — A drought is spreading across the US Midwest, drying up the Mississippi River and its tributaries that serve as a

A new research paper from HSBC predicts that the “fast and furious” collapse in freight rate will result in global container shipping returning to

By Serene Cheong and Sharon Cho (Bloomberg) — The cost of oil tankers that can navigate icy waters has surged ahead of looming European Union

By Bozorgmehr Sharafedin and Marwa Rashad LONDON, Oct 12 (Reuters) – U.S. oil major Chevron Corp expects high European prices for liquefied natural

By Timothy Aeppel Oct 13 (Reuters) – John Ehresmann loves that the cost of shipping an ocean container from Asia to a U.S. port or

The global pipeline of floating offshore wind projects has more than doubled in terms of capacity in the past year with the UK leading the charge, according to

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced Wednesday the receipt of

By Brian K. Sullivan, Joe Deaux and Michael Hirtzer (Bloomberg) — The Mississippi River isn’t out of the woods as falling water levels along its

The International Monetary Fund has lowered its outlook for the global economy amid high inflation and downside risks on multiple fronts. According to the

By Karl Plume Oct 11 (Reuters) – U.S. crop exports at Louisiana Gulf Coast terminals were at their lowest level in nine years for the first

U.S. container import volumes have finally started to fall off the proverbial cliff that some in the industry have been predicting for months. Data analytics

MADRID, Oct 11 (Reuters) – Spanish oil and gas group Cepsa has signed a deal with the Dutch port of Rotterdam to ship green hydrogen from southern

By Christian Wienberg and Jonas Ekblom (Bloomberg) — A.P. Moller-Maersk A/S is having either the greatest year in its 118-year history or the worst in

By Jonathan Spicer and Can Sezer ISTANBUL, Oct 11 (Reuters) – With nearly 100 grain-laden ships reaching towards the horizon off Istanbul, the

A consortium made up of existing major shareholders of NYSE-listed Atlas (ATCO) Corporation and Ocean Network Express is reporting “meaningful

By Mike Wackett (The Loadstar) – The Q3 ocean carrier reporting season has kicked off with OOCL’s third-quarter turbo-charged operational numbers.

By Victoria Cavaliere (Bloomberg) — A backup of more than 2,000 boats and barges on the Mississippi River is being cleared as two closures along the

China's leaders worry that the country is too dependent on imports of liquefied natural

By Brendan Murray (Bloomberg) Few observers have had a better perch to watch the pandemic slowly clog — and now free up — one of the biggest arteries of