Shipping

KYIV, Nov 10 (Reuters) – Freight costs for ships in Ukraine‘s alternative export corridor have eased back to their former levels, a

French shipping company CMA CGM saw a significant decline in profit during the third quarter of 2023, as the container shipping market continued to return to

Global marine insurance premiums in 2022 increased by 8.3% to $35.8 billion, driven by trade rebound, rising asset values, reduced market capacity, and premium

Seaspan Shipyards, a leading ship repair and maintenance company in Canada, has unveiled plans for upgrades and expansion of its Vancouver Drydock. The

The U.S. federal government has agreed to provide a $125 million loan to ONEX Elefsis Shipyards and Industries (ONEX) for the rehabilitation and modernization

By Ian Putzger (The Loadstar) – Even before contract negotiations get underway, the threat of a strike shutting down US ports on the east and Gulf coasts

Greek and Chinese shipping companies now collectively own one-third of the cargo carrying capacity of the global fleet, according to BIMCO. While Greece has

(Bloomberg) — The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical

The International Association of Dry Cargo Shipowners (INTERCARGO) says it is “deeply saddened and concerned” by Russia’s “appalling” missile

KYIV, Nov 9 (Reuters) – Ukraine’s alternative Black Sea export corridor is working despite a recent Russian attack on a civilian vessel,

Hapag-Lloyd has released its quarterly earnings report, revealing continued weak demand and significantly lower freight rates compared to last year. The

(Bloomberg) — A Russian missile strike on a commercial ship at a major Ukrainian Black Sea port is adding to risks for commodity exports just

By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal

Höegh Autoliners, a leading provider of Pure Car and Truck Carriers (PCTCs), is reporting strong volumes, record rates, and high demand for deep sea PCTC

Inbound cargo volume at the nation’s major container ports is expected to slow during the remainder of 2023 after surpassing the 2 million TEU mark for

Cadeler A/S (OSE: CADLR) has announced the launch of a share exchange offer for all outstanding shares of common stock of Eneti (NYSE: NETI), part of a

Nov 8 (Reuters) – Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since

A combination of a warm October and worsening drought conditions in the Lower Mississippi Valley has caused water levels along parts of the Mississippi River

Brazilian mining company Vale S.A. has announced its plans to install five Rotor Sails on the world’s largest ore carrier. The agreement between Vale and

U.S. container import volume saw a significant increase in October 2023 compared to September and has even surpassed the levels seen in October 2019 before the