Shipping

Japanese shipbuilder Mitsubishi Heavy Industries (MHI) announced the completion of what it claims is the world’s first full autonomous navigation

Athens-based containership owner and operator Danaos Corporation (NYSE: DAC) has announced entering into new multi-year charter agreements for 11 of its vessel

By Sameer Manekar Jan 18 (Reuters) – Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, citing tight

By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of

By Praveen Menon and Tom Westbrook WELLINGTON/SYDNEY, Jan 18 (Reuters) – The South Pacific archipelago of Tonga could spend days, or even weeks, cut off

The Port of Boston welcomed its biggest containership to date over the weekend following a $850 million project to make the port “big ship ready.”

SINGAPORE, Jan 17 (Reuters) – PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s

By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and

DUBAI, Jan 16 (Reuters) – A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman

Jan 14 (Reuters) – U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging

Southern California’s Port of Los Angeles has extended its container dwell fee program threatening ocean carriers with steep daily fees for import

By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the

A.P. Moller – Maersk says preliminary results for the fourth quarter of 2021 beat expectations. Revenue during the final three months of last year came

By Sergio Chapa (Bloomberg) Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over

Danish power company Ørsted has announced plans to acquire a minority stake in what could become one of the world’s first large-scale e-methanol

By Mike Wackett (The Loadstar) – Continued strong demand for container tonnage has resulted in many sizes now being totally ‘sold out’ and their

By Jonathan Saul and Kate Abnett LONDON/BRUSSELS, Jan 13 (Reuters) – European Commission proposals to bring shipping into the bloc’s carbon

By Ann Koh (Bloomberg) — Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the

By Emily Graffeo (Bloomberg) — ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing

Jan 12 (Reuters) – U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply