Shipping

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US west coast spiked this week, ahead of the Chinese New Year holiday on 1

By Jonathan Saul LONDON, Jan 21 (Reuters) – Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides

There were smiles all around in the Great Lakes this week- especially around the Soo Locks in northern Michigan. These locks link Lake Superior, where

By Marco Aquino LIMA, Jan 20 (Reuters) – Peruvian President Pedro Castillo declared an environmental emergency on Thursday as clean-up teams struggled to

Japan’s NYK and Norwegian shipping company Knutsen Group have announced plans to launch joint venture liquified CO2 shipping and storage company. The

By Ann Koh (Bloomberg) — Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned

By Sonali Paul MELBOURNE, Jan 21 (Reuters) – A Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the

The crew of a Maersk Line, Limited tanker conducted a nighttime rescue of a mariner who was in the water for 24 hours after his vessel capsized in the

By Bloomberg News (Bloomberg) — Containers are stacking up at the already backed-up Shenzhen port in China as congestion in the U.S. and Europe ripples

SINGAPORE, Jan 19 (Reuters) – China’s Sinopec Corp has issued a tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, in a

Equity analysts covering maritime companies can offer detailed analytics into individual company historical performance and future prospects, but can also

Finnish technology group Wärtsilä has been selected to supply the main and harbor engines for a series of seven new Arctic shuttle tankers under construction

Port of Long Beach reported its busiest year ever in 2021 on increased consumer spending, but congestion weighs as December volumes fall for a fourth

U.S. Army Corps of Engineers to invest $14 Billion from the Bipartisan Infrastructure Law and other appropriations to strengthen United States’ ports and

By Sergio Chapa (Bloomberg) — Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean,

Israeli containership operator ZIM Integrated Shipping Services (NYSE: ZIM) has announced new eight-year charter agreements for three 7,000 TEU containerships

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