Shipping

By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a

By Nayera Abdallah and Jonathan Saul DUBAI/LONDON, Feb 12 (Reuters) – Yemen’s Iran-aligned Houthis have targeted a cargo ship in the Red

MOSCOW, Feb 10 (Reuters) – Russia said on Saturday it had repelled an attempted Ukrainian drone attack on Russian “civilian

The first half of this year is projected to see an increase in inbound cargo volume at major U.S. container ports despite recent attacks on ships in the Red

By Julian Lee (Bloomberg) — A Russian oil tanker performed a near-immediate u-turn off the coast of Portugal after being subjected to US sanctions. The

By Barry Parker (gCaptain) – After leaning into a surging tanker market and selling off his fleet at, or near, its peak, what should is a shipowner to

Wind propulsion specialist Norsepower Oy Ltd has received its largest order to date for its cutting-edge Rotor Sail™ technology. The order was placed by

(Bloomberg) — Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to

HAMBURG, Feb 9 (Reuters) – More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates

Russian natural gas company Novatek takes a key step toward beginning shipments from its Arctic LNG 2 project.  Ship registry records suggest that

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on four entities and identified one tanker as blocked

The National Transportation Safety Board (NTSB) has identified a critical error in communication as the cause of a collision between two tows in the

Maersk has announced plans to spin-off its towage business as the Danish shipping conglomerate continues its transition towards becoming an integrated

The National Weather Service’s Climate Prediction Center is forecasting an end to El Niño conditions by April-June 2024, with a 79% probability. The

Singapore has announced stringent new regulations for bunker fuel quality as it seeks to safeguard its reputation as a world-leading maritime hub. This move

(Bloomberg) — Major shipping companies are warning that the security situation in the Red Sea is continuing to deteriorate, despite efforts by the west

U.S. container import volume increased 7.9% in January 2024 from December 2023, marking the largest month-over-month growth for January in the last seven

By Christian Wienberg and Sanne Wass (Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 8 (Reuters) – Maersk warned on Thursday that container shipping overcapacity would hit profits more than