Shipping

(Reuters) – Kazakhstan is changing the name of the oil it exports via Russian sea ports to Kazakhstan Export Blend Crude Oil

By Arsalan Shahla Jun 4, 2022 (Bloomberg) –Iran’s supreme leader said his country’s seizure of two Greek oil tankers in Persian Gulf waters last

By Chunzi Xu and Sheela Tobben (Bloomberg) The global search for fuel after Russia’s war has thrust the US Gulf Coast into the role of a main supplier to

PARIS, June 3 (Reuters) – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in

By Mike Wackett (The Loadstar) – Long-term container line contract rate agreements have reached new highs and, in some cases, are in excess of spot

A.P. Moller Holding A/S and Cargill have increased their investment in ZeroNorth, a Danish technology startup seeking to “make global trade green.”

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the immediate designation of four new Marine Highway Projects as part

By K. Oanh Ha (Bloomberg) — After not broadcasting its location for almost two weeks, a $150 million luxury superyacht linked to sanctioned Russian

By Michelle Nichols June 2 (Reuters) – U.N. aid chief Martin Griffiths is in Moscow on Thursday and Friday to discuss clearing the way for exports of

A.P. Moller – Maersk has announced the closing of its acquisition of Hamburg-based freight forwarding company Senator International as the container

By Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union approved a sixth package of sanctions including a partial ban on Russian oil imports

By Bloomberg News (Bloomberg) — Shanghai faces weeks, if not months, of slow recovery until economic activity can fully bounce back from the crippling

By Bloomberg News (Bloomberg) — In early March, as the US and its allies unleashed a wave of sanctions on Russia, President Joe Biden stood in the White

The shipping industry is calling for the safe passage of merchant vessels in the Persian Gulf following the seizure of two Greek-flagged oil tankers by Iran

German liner operator Hapag-Lloyd has announced the closing of its acquistion of the container liner business of German carrier Deutsche Afrika-Linien (DAL),

By Anshuman Daga and Jeslyn Lerh SINGAPORE, June 1 (Reuters) – A Singapore trade data sharing platform backed by banks, commodity houses and

A.P. Moller-Maersk’s towage operator Svitzer has announced its plan to become full carbon neutral by 2040. Svitzer’s decarbonization strategy will

By Mike Wackett (The Loadstar) – With a wave of import containers expected from Shanghai’s reopening and peak season just around the corner, North

U.S. ready to give “comfort letters” to shipping and insurance to encourage needed grain and fertilizer exports. By Michelle Nichols UNITED

FMC Commissioner Rebecca Dye on Tuesday released her long-awaited final report from her fact finding investigation into the effects of COVID-19 on the ocean