Shipping

Japanese shipping companies NYK and “K” Line have been fined CAD $1.5 million and CAD $460,000, respectively, by the Ontario Superior Court for

MOSCOW, Aug 21 (Reuters) – Russia is shipping a rare naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies using the route to

LOS ANGELES/HOUSTON, Aug 21 (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could

The NWS National Hurricane Center says Tropical Depression Nine has formed over the central Gulf of Mexico. The system, located about 480 miles ( 770 km)

By Carman Chew and Jeslyn Lerh SINGAPORE, Aug 21 (Reuters) – Interest in methanol as an alternative fuel has grown in the shipping industry, which

By Jack Wittels and Gerson Freitas Jr (Bloomberg) — The world’s largest agricultural trader hauls 225 million tons of cargo around

KYIV, Aug 21 (Reuters) – Ukraine is considering using its newly-tested wartime Black Sea export corridor for grain shipments after the first successful

HOUSTON, Aug 20 (Reuters) – A cargo of Iranian crude oil that was seized by the United States was unloading on Sunday after waiting

By Áine Quinn and Olesia Safronova Aug 19, 2023 (Bloomberg) –The Kremlin’s efforts to paralyze Ukrainian food shipments are succeeding, with a

The hulk of the OS 35 shipwreck has arrived in Amsterdam where it is set to be recycled. The two sections of the wreck arrived on board the semi-submersible

For decades, American-produced food has played a central role in the foreign aid strategy of the United States, with a focus on combating worldwide hunger. The

ISTANBUL, Aug 18 (Reuters) – The first vessel that used Ukraine’s Black Sea corridor is crossing through Turkey’s Bosphorus Strait,

(Bloomberg) — Hurricane Hilary’s winds exploded in strength overnight to reach Category 4 intensity as the rare eastern Pacific storm churned north on

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut

Norwegian chemical tanker company Odfjell has announced plans to install the world’s first rigid suction sail system on board a tanker. Odfjell has

DUBAI, Aug 17 (Reuters) – Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a

AMSTERDAM (Reuters) – The Netherlands’ highest court on Wednesday ruled that construction of a major carbon capture project in the

By Anna Shiryaevskaya and Ruth Liao (Bloomberg) — Renting a liquefied natural gas tanker is getting more expensive sooner than usual this year amid

Towage operator Svitzer has launched the second phase of its project to design the world’s first methanol hybrid fuel cell tug, with the aim of

American Petroleum Tankers has secured a $28 million contract option for the charter of its U.S.-flagged tanker MT Empire State in support of the U.S.