Shipping

By Mike Wackett (The Loadstar) – South Korean flagship carrier HMM has reported a $4.4bn net profit for 2021, compared with just $100m the year before,

Update: Three survivors and six bodies have now recovered, according to Salvamento Marítimo. A major search and rescue operation is underway after a fishing

By Patrick Werr NORTH OF SUEZ, Egypt, Feb 15 (Reuters) – Egypt is working to improve the Suez Canal by making an additional 10 kilometers accessible to

By Jenny Leonard (Bloomberg) — The U.S. is continuing conversations with China despite Beijing’s failures to abide by a trade agreement reached

When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity

By Jonathan Saul, Elisa Anzolin and Francesca Landini LONDON/MILAN, Feb 14 (Reuters) – Sixty-five years after Aristotle Onassis founded Greece’s

by John Konrad (gCaptain) On Friday, President Biden warned that Russia could attack Ukraine “any day now” and “the United States together with

A former oil spill response vessel (OSRV) has been converted to a pilot station vessel and redelivered to the New York & New Jersey Sandy Hook Pilots

BRUSSELS, Feb 14 (Reuters) – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the

By Sergio Chapa, Feb 12, 2022 (Bloomberg) –Tankers are docked or loading at all seven U.S. liquefied natural gas export terminals for the first time,

KYIV, Feb 11 (Reuters) – Russia’s naval exercises in the Black and Azov Seas and the closure of traditional shipping routes have so far

By Mike Wackett (The Loadstar) – Maersk said this week it anticipated container spot rates would fall back in the second half of the year, justifying

By Alberto Brambilla, Daniele Lepido and Chiara Albanese (Bloomberg) — Italy’s government is set to approve the start of the process to sell ITA

French shipping group CMA CGM will stop transporting plastic waste aboard its ships beginning June 1 to help curb ocean pollution. CMA CGM said it currently

Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia and methanol producer, and Kuehne+Nagel, a leading sea logistics provider, are joining forces

By Mark John Feb 11 (Reuters) – Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts,

The Port of Long Beach has kicked off 2022 reporting its busiest January on record, ending a four-month streak of declines amid a historic pandemic-fueled

“The industry is getting ahead of the governments here,” in the words of Jeremy Nixon, the CEO of Ocean Network Express (ONE), is typical of the many

By K. Oanh Ha (Bloomberg) — Genting Hong Kong Ltd.’s Crystal Cruises is shutting down its U.S. office and terminating employees, according to a person

Did the US Coast Guard just block an important #MidshipmanX Sexual Assualt And Harassment (SASH) initiative at the IMO? Who are the members of the United