Shipping

European shipowners are welcoming this week’s provisional agreement to include maritime shipping in the EU carbon market, which will force vessels to pay

By Ewa Krukowska, Alberto Nardelli and Jorge Valero (Bloomberg) — The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving

LONDON, Dec 2 (Reuters) – An Iranian-flagged tanker on Friday delivered an oil shipment to Syria which the United States had previously

By Serene Cheong and Alex Longley (Bloomberg) — Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days

The U.S. Federal Maritime Commission says it has received more than 175 charge complaints from U.S. shippers against ocean common carriers since the enactment

By Anne Kauranen HELSINKI, Dec 2 (Reuters) – A plan to build the first fiber-optic cable across the Arctic has secured its first investment,

LONDON, Dec 2 (Reuters) – France’s TotalEnergies said it has joined a shipping project building test tankers which can be powered by ammonia,

By Alberto Nardelli, Ewa Krukowska and Jorge Valero (Bloomberg) — The European Union is closing in on a deal to cap the price of Russian crude oil at

By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask

By Sam Norton, New England governors are clamoring for Energy Secretary Jennifer Granholm to support waivers to the Jones Act, a law requiring that cargo

By Mike Wackett (The Loadstar) – Since August 2020, MSC Mediterranean Shipping Company brokers have completed the acquisition of nearly 250 second-hand

By Jan Strupczewski and Kate Abnett BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel

A.P. Moller – Maersk and IBM have announced their decision to abandon their blockchain-based global trade platform known as TradeLens after it failed to

Dutch shipbuilder Damen and Caterpillar Inc. have signed a memorandum of understanding for the development of a new series of methanol-powered tugs. The MoU

The American Maritime Partnership, representing the domestic maritime industry, has sent a letter to New England governors urging them not to rely Jones Act

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