Shipping

One year after Russia’s invasion of Ukraine, 331 seafarers and 62 ships remain trapped in Ukrainian ports. The international shipping industry has

By Asad Zulfiqar and Alex Longley (Bloomberg) — A $2.2 billion fleet of oil tankers has been assembled to keep Russian crude and fuels exports

COPENHAGEN, Feb 20 (Reuters) – Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia

By Chunzi Xu and Prejula Prem (Bloomberg) — First, a small armada of oil tankers emerged to help Russia beat sanctions. Now hundreds of fuel vessels are

Canadian shipping companies Algoma Central Corporation and The CSL Group have announced a newbuild order for four “methanol-ready” self-unloading

By Barry Parker (gCaptain) – February 5th, when the price caps on Russian refined products kicked in, was a pivotal day for the MR and LR1 tanker

By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,

French shipping giant CMA CGM has confirmed it is testing a new prototype windshield on one of its containerships to improve aerodynamics and reduce fuel

By Michele Kambas NICOSIA, Feb 17 (Reuters) – Cyprus is speaking to other European Union member states to shore up support for

The Port of Los Angeles moved 726,014 TEUs in January for a 16% decrease from January 2022’s record, the port announced Thursday. “We expect softer

Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the

By Elizabeth Low (Bloomberg) — There’s been a rise in shipping practices used to move Russian crude and oil products that are aimed at deceiving

LONDON, Feb 16 (Reuters) – Singapore-flagged tanker Maersk Magellan is looking for another location after being stopped from entering a Spanish port

By Jim Wyss (Bloomberg) — Scale AI, a California-based artificial-intelligence company, has found an oddity in Puerto Rico’s Port of Ponce — two

By Ron Bousso LONDON, Feb 16 (Reuters) – BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands

By Muyu Xu SINGAPORE, Feb 16 (Reuters) – At least one ship carrying Australian coal that was destined for China has been diverted due to uncertainty

Elon Musk’s SpaceX has ditched plans to use two semi-submersible oil rigs as offshore launching platforms for the company’s next-generation rocket,

German freight forwarder DB Schenker and MSC Mediterranean Shipping Company have announced a first-of-its-kind biofuel purchase agreement that will to help

Digital Container Shipping Association (DCSA) announced today that its nine ocean carrier members have committed to the adoption of an electronic bill of

The Port of Savannah saw total cargo volumes dip 11.5 percent last month compared to January 2022 amid reduced orders in retail and manufacturing, the Georgia