Shipping

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

The World Shipping Council, the Washington, D.C.-based trade association representing international liner shipping, is sharing for the first time concrete

Isreali shipping line ZIM (NYSE: ZIM) has announced new charters with Navios Maritime Partners (NYSE: NMM) for thirteen containerships for periods between 4.5

By William Mathis (Bloomberg) — Vestas Wind Systems A/S tumbled in Copenhagen trading after a drop in profit prompted the company to slash its dividend.

Malaysian oil and gas company Petronas and Japanese shipping company Mitsui O.S.K. Lines have signed a Memorandum of Understanding to jointly explore

A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company

By Laura Curtis (Bloomberg) — U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter,

By Yuka Obayashi and Marwa Rashad TOKYO/LONDON, Feb 9 (Reuters) – Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests

A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-

By Mike Wackett (The Loadstar) – Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40

By Christian Wienberg and Anna Edwards (Bloomberg) — A major player in global trade signaled disrupted supply chains rattling economies from Vietnam to

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into