Shipping

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels

Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

By Jonathan Gilbert (Bloomberg) — Exporters in Argentina, the world’s biggest supplier of soy products, breathed a sigh of relief on Thursday as grain

The U.S. Secretary of Transportation, Elaine Chao, has announced her resignation following the events at the U.S. Capitol building on Wednesday. In doing so,

Norwegian ro-ro shipping company Wallenius Wilhelmsen says it will be returning ships from cold lay-up as market conditions improve. In response to the

Jan 7 (Reuters) – The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than

NYSE-listed Scorpio Bulkers has announced it intends to change its name to Eneti Inc. as the dry bulk shipping company sheds the bulk and transitions to the

U.S.-based Crowley announced the formation a new energy division that will focus on the emerging offshore wind and liquified natural gas sectors in the United

The U.S. Coast Guard’s sole polar icebreaker, USCGC Polar Star, has arrived in Dutch Harbor, Alaska as part of its unusual Arctic deployment. The

Jacob Ruytenbeek is Founder and CEO of SailPlan, a newly launched intelligent navigation platform for ships that promises to make seafaring safer and ship

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching

By Sangmi Cha SEOUL, Jan 6 (Reuters) – A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its

By Jacob Gronholt-Pedersen (Reuters) – High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in

The U.S. Coast Guard last week rescued a man from a disabled sailboat in the Caribbean Sea about 114 nautical miles from Puerto Rico with assistance from the

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which

By Sangmi Cha and Josh Smith SEOUL, Jan 5 (Reuters) – Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day

By Aziz El Yaakoubi AL-ULA, Saudi Arabia, Jan 5 (Reuters) – Embracing Qatar’s ruler, Saudi Arabia’s Crown Prince pushed a deal to end a

Jan 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its