Shipping

By Bloomberg News (Bloomberg) — The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery

OSLO, June 17 (Reuters) – Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing

Longer and deeper ships will now be able to use the expanded Panama Canal. After almost five years since the inauguration fo the Neopanamax locks, the Panama

The Paris MoU has approved its 2020 “White, Grey, and Black” lists for flag state performance. The Paris MoU’s annual “White, Grey and Black (WGB)

Japanese shipping company NYK has announced plans to build a dozen LNG-fueled pure car and truck carriers (PCTCs) with deliveries starting in 2025. The company

Cutting operations on the Golden Ray wreck have been paused once again to allow for maintenance on the wreck removal equipment, the incident command said in

Concerns are mounting amid shocking revelations that ports are increasingly refusing to repatriate deceased seafarers’ bodies under the the guise of

By Mike Wackett (The Loadstar) – Yet another ocean carrier has fallen foul to a cyber-attack: this time it is South Korea’s HMM, which today

By Irene García Pérez and Luca Casiraghi (Bloomberg) — Mark Spehn couldn’t join billionaire Idan Ofer at his seaside villa north of Tel Aviv for a

U.S.-listed containership owner and charterer Costamare Inc. (NYSE: CMRE) announced the acquisition today of 16 dry bulk vessels, marking a new sector for the

By Ari Rabinovitch JERUSALEM, June 14 (Reuters) – The first cargo ships from Dubai that docked last year in the Mediterranean port of Haifa

How bad is the container shipping crisis? So bad that The Home Depot has chartered its own ship. This isn’t a joke. Between soaring freight rates, a lack

Deja-vu… Efforts are underway to repatriate the deceased Romanian captain of the cargo ship M/V Vantage Wave after seven weeks and refusal by multiple

Authorities in Sri Lanka have reportedly arrested the captain of the stricken X-Press Pearl which caught fire and sank off the coast of Colombo after a

By Mike Wackett (The Loadstar) – Shippers are facing a perfect storm as the logistics industry has entered an “an era of unprecedented disruption”,

By Alex Longley, Catherine Bosley and Deirdre Hipwell (Bloomberg) — The skyrocketing price of shipping goods across the globe may hit your

By Barry Parker The much anticipated meeting of the International Maritime Organization’s (IMO) Maritime Environment Protection Committee (MEPC),

New York-based barge operator Bouchard Transportation may need to close its facilities and lay off as many 108 workers if it is unable to find a buyer for the

By Ann Koh (Bloomberg) — Delays from congestion at southern Chinese ports triggered by fresh Covid-19 outbreaks are rippling through global supply

By Jonathan Saul LONDON, June 11 (Reuters) – The United States is working with Norway, Denmark and other countries to develop zero emissions fuel options