Shipping

Major container ports in the U.S. are expected to see the highest inbound cargo volume in nearly two years this summer, driven by increased consumer spending

By Alberto Nardelli (Bloomberg) — The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC in a move to limit the

Crude oil and oil product flows around the Cape of Good Hope increased by nearly 50% in the first five months of 2024 compared to last year’s average as

BERLIN, June 11 (Reuters) – German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal

A new report from the World Shipping Council (WSC) reveals that the number of containers lost at sea hit an all-time low in 2023. According to the

American Roll-On Roll-Off Carrier Group Inc. (ARC), a leading in U.S.-flag roll-on roll-off shipping and major government transportation provider, has

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing sanctions on ten individuals, entities, and vessels involved in

The Canadian-flagged M/V Michipicoten, a 689-foot bulk carrier carrying taconite, was safely escorted to Thunder Bay, Ontario, after experiencing significant

TANGIER, June 10 (Reuters) – Morocco’s Tanger Med port expects to top its nominal processing capacity of nine million containers this year,

DP World plans to increase investments in port terminals in Peru and Ecuador to improve capacity and operational efficiency of its Latin America operations.

By Alexander Whiteman (The Loadstar) – Samsung’s US subsidiary has lodged what may be the largest complaint yet with the Federal Maritime Commission

By Lisa Baertlein LOS ANGELES, June 9 (Reuters) – Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the

By Julian Lee (Bloomberg) — The first Russian oil tanker attempting to deliver crude while under US sanctions made a secret cargo transfer onto another

CAIRO, June 9 (Reuters) – Two ships caught on fire after being hit by projectiles off Yemen’s Aden, two UK maritime agencies reported on Sunday.

By Jessica Nix (Bloomberg) –Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard

By Leo Laikola (Bloomberg) –Finland called for the European Union to procure a vessel to be on standby for oil spills in the northern parts of the

By Enas Alashray and Yomna Ehab CAIRO, June 7 (Reuters) – Yemen’s Houthis on Friday said they targeted two vessels in the Red

(Bloomberg) — If there was a universal theme at the parties, presentations and meetings in the world’s shipping capital Athens this week, it’s that

ST PETERSBURG, June 7 (Reuters) – Russia’s leading tanker group Sovcomflot FLOT.MM said western sanctions and changing market conditions may

The Federal Maritime Commission has opened a 12-day comment period for public response to Maersk and Hapag Lloyd’s new vessel sharing agreement, called