Shipping

By Jim Wyss and Devon Pendleton (Bloomberg) –Former Google CEO Eric Schmidt has backed out of purchasing a superyacht that’s been abandoned in

Import cargo volume at major US container ports is expected to reach 2 million TEUs in September and October, signaling retailers’ optimism for the

LONDON, Sept 8 (Reuters) – Russia has designated the International Transport Workers’ Federation (ITF) as an “undesirable”

A.P. Moller – Maersk (Maersk) and Norwegian energy major Equinor have signed an agreement on the supply of green methanol for Maersk’s

The U.S. Justice Department has disrupted a multimillion-dollar shipment of crude oil by the Islamic Revolutionary Guard Corps (IRGC), a designated foreign

Update: Hurricane Lee is now category 5 with sustained winds of 155 mph. Get the latest on Lee at Hurricanes.gov. Hurricane Lee has rapidly intensified into a

Gulf LNG Tugs has signed construction contracts with Master Boat Builders and Sterling Shipyard for each to construct two tugs to serve the Rio Grande LNG

(Bloomberg) — China’s trade slump eased in August, adding to early signals the worst may be over for some parts of the world’s second-largest economy

By Mike Wackett (The Loadstar) – The world’s largest container line, MSC, is joining in an alliance with tenth-ranked Zim across “multiple trades”,

LONDON, Sept 7 (Reuters) – Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if

(Bloomberg) — A Greek shipping company admitted to violating US sanctions on Iran by transporting oil from the Middle East country in an agreement with

The shipping industry will struggle to secure enough supply of carbon-neutral fuels to meet the new 2030 maritime emission targets, and therefore must consider

CSSC Hudong-Zhonghua Shipbuilding has received a second approval in principle for its design for the world’s largest LNG carrier with a carrying capacity

Flexport founder Ryan Petersen will retake the reigns of the privately-held San Francisco-based supply chain management and logistics company following the

Retail giant Amazon and Maersk have agreed to transport 20,000 forty-foot equivalent containers (FFE) using green biofuel through Maersk’s “ECO

MOSCOW, Sept 6 (Reuters) – Russia must boost production facilities for the construction of ice-breaking vessels in order to meet its

PANAMA CITY, Sept 5 (Reuters) – The Panama Canal‘s water levels have not recovered enough as the end of the rainy season approaches and

After 13 years of negotiations, the Marine Engineers’ Beneficial Association and the City of New York have finalized an agreement on a new contract for

Greek car carrier specialist Neptune Lines has ordered two next-generation pure car and truck carriers (PCTCs), designed for short sea trades, from Fujian

A lack of available transportation and storage networks will be a significant hurdle in the value chain of the expanding global carbon capture, utilization and