Shipping

The World Shipping Council, representing the international liner shipping industry, has issued a response to the preliminary agreement by the European

On the floor of the International Workboat Show in New Orleans, the American Bureau of Shipping (ABS), a leading international classification society, today

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in

By Tara Patel (Bloomberg) — The owners of closely held French shipping giant CMA CGM SA received $3 billion in dividends this year as profits spiked to

Coordinated raids were carried out this month across Europe and the United Arab Emirates (UAE) against a criminal “super cartel” involved in

The results are in. The container shipping industry earned profits of $58.9 billion in the third quarter, breaking a streak of seven straight record quarters

Nov 29 (Reuters) – Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

By Mike Wackett (The Loadstar) – Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a

By Jordan Fabian, Ian Kullgren and Erik Wasson (Bloomberg) — President Joe Biden and Speaker Nancy Pelosi are moving to prevent a looming shutdown of

By Jonathan Saul LONDON, Nov 29 (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in

LAS PALMAS, Nov 29 (Reuters) – Two of three stowaways who were rescued in Spain’s Canary Islands after enduring 11 days on the rudder of

By Barry Parker (gCaptain) – With the big Workboat show coming up in New Orleans this week, gCaptain is taking a look a unique maritime business, of

With container freight rates seen returning to pre-pandemic levels next year, the container shipping sector appears to be in for a tough year ahead. But

The first aircraft in MSC’s new air cargo business has been delivered. Atlas Air, a subsidiary of Atlas Air Worldwide Holdings (NASDAQ: AAWW), announced

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost

By Nguyen Kieu Giang (Bloomberg) VinFast, an electric carmaker backed by Vietnam’s richest man, is shipping its first SUVs to the US, a milestone for parent

By Alex Longley and Sherry Su (Bloomberg) –With soaring shipping costs comes soaring bills for ships doing nothing. In the oil-tanker market, day rates

French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in