Shipping

The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded New Orleans-based Canal Barge Company, Inc. with a loan guarantee of

(Bloomberg) –Poland opened a canal linking the Baltic Sea with a lagoon whose only previous entrance went through Russian territorial waters. The canal

KYIV, Sept 18 (Reuters) – A total of 165 ships with 3.7 million tonnes of agricultural products on board have left Ukraine under a deal

KYIV, Sept 17 (Reuters) – The third vessel charted by the United Nations World Food Program (WFP), left Ukraine’s Chornomorsk Black Sea port with

(Bloomberg) –Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global

Sept 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its best week in

PARIS, Sept 15 (Reuters) – A Russian billionaire is suing French authorities in an effort to win back access to two of his yachts,

There’s been a lot of speculation about when and how fast the container shipping market would return to pre-pandemic norms. Today there is more hard data

By Jamie Freed and Casey Hall SYDNEY/SHANGHAI, Sept 16 (Reuters) – Global trade bellwethers like FedEx and Cathay Pacific Airways. have cast a pall

By Lisa Baertlein and Doyinsola Oladipo LOS ANGELES/NEW YORK, Sept 15 (Reuters) – Union railworkers in the United States scored a potential key

American consumers are continuing to spend their money on retail goods despite persistent inflation and rising interest rates, the National Retail Federation

By Áine Quinn and Alberto Nardelli (Bloomberg) — A vessel managed by a company based in Greece transported coal from a port in Russia late last month,

German container shipping line Hapag-Lloyd has entered into an agreement with Italy-based Spinelli Group to acquire 49% in the Italian logistics group. The

By Sam Whelan (The Loadstar) – Transpacific ocean rates might be experiencing a “post-Covid plummet”, but US import volumes remain high and lower

By Trevor Hunnicutt, David Shepardson and Steve Holland WASHINGTON, Sept 15 (Reuters) – President Joe Biden’s administration secured a

The Federal Maritime Commission is seeking public comments to define unreasonable refusal to deal or negotiate with respect to vessel space accommodation

By Laila Kearney and Laura Sanicola NEW YORK, Sept 14 (Reuters) – Northeastern U.S. states could face disruptions to fuel supplies if rail transport

By Gavin van Marle (The Loadstar) – After the prolonged container spot rates decline the transatlantic trade has supplanted the transpacific trade as

By Kim Chipman and Ryan Beene (Bloomberg) — US railroads are poised to stop shipments of farm products and other key goods starting Thursday as the

By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES, Sept 13 (Reuters) – President Joe Biden’s administration on Tuesday made