Shipping

The U.S. Maritime Administration (MARAD) has announced the designation of six new Marine Highway Projects and a new Marine Highway Route under the America’s

By Nick Savvides (The Loadstar) – One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for

Aug 19 (Reuters) – The Baltic Exchange’s main sea freight index extended its winning streak to eight sessions on Thursday, supported by a surge in

COPENHAGEN, Aug 18 (Reuters) – A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s

The Great Lakes-St. Lawrence Seaway has seen a rise in ship transits this year thanks in part to an increase in wind energy cargoes, boding well for American

By Mike Wackett (The Loadstar) – Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening

By Brendan Murray (Bloomberg) — Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by

By Jonathan Saul LONDON, Aug 18 (Reuters) – The Port of Antwerp recorded a year-on-year rise in the volume of cargo handled for the first seven months of

Israeli liner company ZIM (NYSE: ZIM) on Wednesday reported second quarter net profit of $888 million, or $7.38 per diluted share, and significantly raised its

More than a year after U.S. consumer purchasing began to build momentum after COVID-19 shutdowns, the cargo boom continues at the nation’s top port for

After only a few months of fundraising, the Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief for

Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,

Global towage provider Svitzer has extended its contract with the Suez Canal Authority to include two additional tugs, providing the waterway with additional

The Georgia Ports Authority kicked off its 2022 fiscal year with record volumes in both containers and Roll-on/Roll-off traffic as consumer demand continues to

Fort Lauderdale, Florida-based Seacor Holdings has acquired Jones Act shipping company U.S. Shipping Corp. USSC is provider of long-haul marine transportation

By Enda Curran and Michelle Jamrisko (Bloomberg) — Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the

A total of 275 ships were sold for scrap in the first half 2021 with the tanker sector leading the charge, according to a half-year demolition review by

By Mike Wackett (The Loadstar) – HMM posted a net profit of $310m for the first six months of the year, but its bottom-line result would have been