Shipping

Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the

By Alex Wickham, Iain Marlow and Peter Martin (Bloomberg) — The US and its allies are weighing options for retaliation against escalating attacks at

Maersk has announced plans to modify one of its services through the Panama Canal by implementing a so-called “land bridge” across Panama amid

(Bloomberg) — A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices. The

KYIV, Jan 10 (Reuters) – Ukraine exported 4.8 million metric tons of food via its Black Sea corridor in December, surpassing the maximum

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,

By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the

The U.S. Central Command is confirming details of the latest attack on shipping in the Red Sea, stating that a barrage of missiles and one-way attack drones

Seafarers International Union has announced the passing of its long-time president Michael Sacco. Sacco died of natural causes on December 28, 2023, in St.

HSBC Global Research is warning that the ongoing crisis in the Red Sea could lead to congestion at ports due to uncertain vessel schedules and equipment

By Lucia Mutikani WASHINGTON, Jan 9 (Reuters) – The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a

(Bloomberg) — The United Arab Emirates banned ships arriving in its waters that sail under the flag of Cameroon — a move that distances the emirate

HOUSTON, Jan 9 (Reuters) – Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted

By Ari Rabinovitch (Reuters) – Israel’s Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO’s reported

By Joe Easton and Christian Wienberg (Bloomberg) A.P. Moller – Maersk and Hapag-Lloyd denied any pact with Yemen’s Houthi rebels to facilitate the

The international container shipping faces a critical couple of weeks as ongoing attacks and reroutings in the Red Sea continue to impact the sector ahead of

Copenhagen-based Maersk Tankers has recently completed its acquisition of Penfield Marine, a boutique commercial management company. The move allows Maersk

U.S. container import volume was up nearly 10% in December compared to the same month last year and continued to trend higher than pre-pandemic levels through

A fire on board a containership at Port Houston claimed the lives of two crew members and third sustained injuries, the port reported Monday. The fire took

With the holiday season over, the volume of inbound cargo at the nation’s major container ports is projected to gradually slow down in the first quarter