Shipping

The Port of Long Beach set another new single-month record in April as the port continues to clear marine terminals of cargo ahead an expected new wave of

Here’s what’s at risk tomorrow if we don’t respond to the crew change crisis today. By Hrishi Olickel and Irina Carbunaru – The crew change crisis

Swedish shipping company Wallenius SOL has taken delivery of its Botnia Enabler, touted as “the world’s largest ice-rated multi-fuel ConRo

“These ships know we are coming, even if we don’t tell them, they know that we are coming.” That was the answer to a question regarding targeting of U.S.

By K. Oanh Ha (Bloomberg) — A $150 million superyacht tied to Leonid Mikhelson, Russia’s second richest-citizen whose gas company is a target of

May 13 (Reuters) – The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in

By Mike Wackett (The Loadstar) – As container spot rates continue to wane and close in on contract rates two more ocean carriers have reported record

By Luiza Ilie CONSTANTA, Romania, May 13 (Reuters) – Pressed into emergency service by the blockade of Ukraine’s seaports by Russian invaders,

(Bloomberg) — The OPEC nations that have stepped up to replace Russian oil flows to Europe aren’t the giants of the Middle East. Instead, some of the

Maersk will deploy two of its ice-class containerships to its Canada Express service connecting Northern Europe with Canada. The two ships, Vistula Maersk and

By Marianna Parraga HOUSTON, May 12 (Reuters) – A Venezuela-owned tanker in March sailed to a remote spot in the Indian Ocean and met an

German container shipping line Hapag-Lloyd has reported an “extraodinarily strong” start to the year as first quarter, with group profit jumping

The Port of Charleston in South Carolina set yet another monthly cargo record in April while also making “significant progress” with port and berth

The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of

In the world of Private Equity (PE), a “Unicorn” is finance-speak for a private start-up worth $1 billion or more, usually in some type of tech sector.

Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in

By Kyunghee Park (Bloomberg) — HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to

The U.S. Senate has voted to confirm Rear Admiral Ann C. Phillips USN (Ret.) to serve as the Administrator of the Department of Transportation’s Maritime

May 10 (Reuters) – The Baltic Exchange’s main sea freight index rose to a near five-month high on Tuesday, as rates rose for all vessel

By Mike Wackett (The Loadstar) – Ocean carrier alliances are preparing to blank more than a third of their sailings from Asia over the coming weeks in