Shipping

UK-based chemical tanker owner and operator, Union Maritime, is set to equip its fleet with industry-leading wind propulsion technology. The company is

ATHENS, June 4 (Reuters) – The crude oil tanker market is grappling with an ageing fleet of vessels which need to be replaced, posing a challenge as

The Australian Maritime Safety Authority (AMSA) has issued a three-month ban on the Cypriot-flagged bulk carrier Peace from entering Australian ports

ATHENS, June 4 (Reuters) – Closer international cooperation between naval missions in the Red Sea has reduced the number of attacks by

The World Shipping Council (WSC) has praised the approval of the recently adopted amendments to the International Convention for the Safety of Life at Sea

By Timothy Gardner WASHINGTON, June 3 (Reuters) – The U.S. is buying another 3 million barrels of oil for

A.P. Moller-Maersk A/S (APMM) sees worsening port congestion, especially in the Middle East and Asia, and further increases in container freight rates thanks

By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI, June 2 (Reuters) – OPEC+ agreed on Sunday to extend most of its deep oil output

(Bloomberg) — Under pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes of crude in the Mediterranean sea, a

The demand for alternative fueled vessels is showing substantial growth. In May 2024 alone, 33 new orders for alternative-fueled vessels were placed, with

Shipping giant Maersk announced on Monday significant delays in vessel schedules due to severe terminal congestion in Mediterranean and Asian ports. The

(Bloomberg) — Sandwiched between the world’s great global powers in a time of deepening global tensions, Greek shipowners are still finding a way to

By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last

Officers at the UK’s Royal Fleet Auxiliary (RFA) are initiating planned industrial action on Saturday, June 1, following a dispute on compensation. The

By Lisa Baertlein LOS ANGELES, May 31 (Reuters) – Spiking ocean shipping rates, vessel backups at seaports and empty container

By Gavin van Marle (The Loadstar) – Authorities battling congestion in Singapore port have reopened shuttered terminals to alleviate the mounting

The Panama Canal Authority announced Thursday an increase in the maximum authorized draft of the Panama Canal’s Neopanamax locks to 45 feet, bringing it

By Dmitry Zhdannikov, Alex Lawler and Maha El Dahan LONDON, May 30 (Reuters) – OPEC+ is working on a complex deal to be agreed at its meeting

Vanessa Mongiovi, a TikTok influencer with nearly 50,000 followers, is leveraging her platform to demystify life as a merchant mariner. A civil service mariner

A new study has highlighted an unexpected consequence of reduced shipping emissions: a sudden and significant increase in global warming. Human activities have