Shipping

NICOSIA, July 16 (Reuters) – Yemen’s Houthis did not attack the Cyprus-flagged Olvia tanker in the Mediterranean, the ship’s owner told

The leader of the International Longshoremen’s Association (ILA) has warned that a strike at all Atlantic and Gulf Coast ports is becoming increasingly

The United Kingdom Maritime Trade Operations (UKMTO) office has reported three new attacks in the southern Red Sea, including two taking place on Monday. One

The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to

By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian

SINGAPORE, July 15 (Reuters) – Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday, as

(Bloomberg) — Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being

LOS ANGELES, July 15 (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has

Product tanker operator TORM has agreed to acquire agreed to acquire eight second-hand Medium Range (MR) tankers for $340 million. Delivery of these vessels is

By Alex Longley and Paul Burkhardt (Bloomberg) –Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has

(Bloomberg) — Gunvor Group will send a supertanker loaded with North Sea Forties crude to Asia after the trading house amassed a large volume of

A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more

By Malte Humpert (gCaptain) – The U.S. intends to create an Icebreaker Collaboration Effort (ICE) with Canada and Finland to overcome challenges of

The monthly inbound cargo volume at major U.S. container ports continues to rise despite a multiple supply chain challenges, according to the Global Port

By Gavin van Marle (The Loadstar) – Spot freight rate levels on the major east-west container trades this week remained flat, as the third-quarter peak

July 11 (Reuters) – A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday,

A coalition of leading shipping trade associations has issued a joint policy statement urging changes to the International Maritime Organization’s (IMO)

KYIV, July 11 (Reuters) – Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the captain on suspicion of

By Malte Humpert (gCaptain) – The U.S. sanctions regime continues to curtail Russia’s flagship LNG project.  Days after Chinese company Wison New

A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM