Shipping

By Stephen Stapczynski (Bloomberg) –Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years

By Arsalan Shahla May 4, 2024(Bloomberg) –An Iranian warship has embarked on a mission in oceanic waters, Iran’s state media reported, in the wake

(Reuters) – Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign

By Mohammed Hatem (Bloomberg) — The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a

By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by

By Steve Holland WASHINGTON, May 2 (Reuters) – Russia has been quietly shipping refined petroleum to North Korea at levels that

By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow

By Malte Humpert (gCaptain) – In an effort to further disrupt Russia’s ability to develop Arctic gas and oil projects the U.S. State Department

A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion

The March 26 collapse of the Francis Scott Key Bridge and subsequent closure of the Port of Baltimore has led to the diversion of containers originally bound

May 1 (Reuters) – Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline

SAO PAULO, May 1 (Reuters) – The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama

Alphaliner reports a record month for containership newbuild deliveries in April, surpassing the previous record set in March. A staggering 50 new ships were

A new video released by the Iranian-backed Houthis appears to show an attack on a Maltese-flagged bulk carrier in the Red Sea on Monday. The footage, which has

A navigation error by a pilot led to a 600-foot-long tanker striking a pier at the Joint Base Charleston’s Naval Weapons Station in South Carolina, the

LONDON, April 30 (Reuters) – A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into

Maritime authorities are reporting that a MSC containership sustained minor damage from an Unmanned Aerial Vehicle (UAV) in the Indian Ocean approximately 300

The latest Seafarer Happiness Index (SHI) report by the Mission to Seafarers shows an increase in overall happiness among seafarers, attributed to better

BEIJING/MANILA, April 30 (Reuters) – The Philippines on Tuesday accused China’s coast guard of harassment and of damaging two