Maersk to Acquire Land-Based Logistics Provider Pilot Freight Services
A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company
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A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company
By Laura Curtis (Bloomberg) — U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter,
By Yuka Obayashi and Marwa Rashad TOKYO/LONDON, Feb 9 (Reuters) – Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests
A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-
By Mike Wackett (The Loadstar) – Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40
By Christian Wienberg and Anna Edwards (Bloomberg) — A major player in global trade signaled disrupted supply chains rattling economies from Vietnam to
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into
Danish shipping conglomerate A.P. Moller – Maersk reported record earnings for 2021 amid high freight rates and disruptions that continue to impact
Leading roll-on/roll-off shipping company Wallenius Wilhelmsen reported strong fourth quarter results on Tuesday, driven by improved freight rates in shipping
By Lucia Mutikani WASHINGTON, Feb 8 (Reuters) – The U.S. trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking
The ongoing winter Olympics, coinciding with the Lunar New Year in China, have taken some of the attention away from the drybulk markets. Just as well, because
By Ann Koh (Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal
The first LNG-fueled bulk carrier to transport iron ore between Western Australia and Asia has arrived in Singapore for its first bunkering operation prior
Feb 7 (Reuters) – Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen
By Jonathan Saul, Kate Abnett and Nina Chestney LONDON, Feb 7 (Reuters) – The European Commission has proposed adding shipping to the bloc’s
By Frank Coles – Over the last twenty years we have seen continuous discussions about the need for open sharing of data. Recently this has become more
If the container shipping market is showing signs softening, ship charter rates have yet to receive the memo. The HARPEX index, which tracks pricing in the
By Julia Payne LONDON, Feb 4 (Reuters) – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as
By Mike Wackett (The Loadstar) – Global feeder operators are having their heads turned by huge offers for their owned tonnage and chartered-in ships
U.S. Senator Amy Klobuchar (D-MN) has introduced legislation to update federal regulations for the international liner shipping industry aimed at helping
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