Shipping

Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and

By Gavin van Marle (The Loadstar) – MSC, Maersk and Zim are the three carriers most exposed to the supply chain disruption stemming from the collapsed

COPENHAGEN, April 4 (Reuters) – An activated but faulty missile launcher on a Danish navy vessel triggered a closure of airspace and shipping traffic

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against Oceanlink Maritime DMCC as part of an effort to disrupt

By Sam Dagher (Bloomberg) — The US said it would consider revoking its recent designation of Yemen’s Houthis as terrorists if the Iran-backed

LARNACA, Cyprus April 3 (Reuters) – A sea convoy of undelivered food for Gaza returned to Cyprus on Wednesday after the killing of aid workers

The United Kingdom Maritime Trade Operations (UKMTO) office reported an “electronic interference” incident involving a merchant ship in the Persian

(Bloomberg) — The biggest US ports are stretching capacity limits and need to expand to handle anticipated growth in inbound shipping, according to

2023 proved to be a remarkable year for U.S. petroleum product exports, with propane leading the surge. The United States hit a new high in petroleum product

Roll-on/roll-off shipping company Wallenius Wilhelmsen has forecasted a financial impact ranging between $5 to $10 million due to the collapse of

Australia has successfully prosecuted a ship’s master and shipping company, Hong Kong-based Fu Ye Shipping, following a serious accident involving a ship’s

An accident involving a towing vessel striking the Natchez-Vidalia Bridge on the Mississippi River last year has been attributed to the complacency of a

By Marwa Rashad and Vladimir Soldatkin LONDON/MOSCOW, April 2 (Reuters) – Novatek, Russia’s largest producer of liquefied natural gas (LNG), has

By Malte Humpert (gCaptain) – Following a nearly three-month voyage Chinese heavy lift vessel Hunter Star delivered the final liquefaction module for

(Bloomberg) — Russia’s seaborne crude exports jumped in the final week of March to the highest so far this year, even as average shipments in

By Scott Murdoch and Shivangi Lahiri April 2 (Reuters) – Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($661.9

By Daniel Trotta April 1 (Reuters) – The Port of Baltimore opened a temporary channel on Monday, freeing some tugs and barges that had been trapped

By Rick Shema, CCM There has been much discussion regarding disruptions in maritime shipping through the  Panama Canal primarily due to the drought

A group of California lawmakers led by Representative Michelle Steel has written a letter to Governor Gavin Newsom asking him to postpone the enforcement of a

By Marc Frank HAVANA, March 31 (Reuters) – Cuban state-run media said at the weekend that 90,000 metric tons of Russian oil had arrived in the cash and