Shipping

An Antarctic resupply vessel chartered by the Australian government suffered a fire in one of its two engine rooms while returning from a mission to the frozen

By Mike Wackett (The Loadstar) – Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but

By Isis Almeida, Rachel Graham and Annie Lee (Bloomberg) — For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no

By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports

A 366-meter containership belonging to MSC Mediterranean Shipping Company has broken down in the Pacific Ocean after reporting a fuel quality issue and the

By Nadeen Ebrahim and Patrick Werr ISMAILIA, Egypt, April 6 (Reuters) – The Suez Canal Authority is considering expanding the southern section of the

By Jack Wittels and Salma El Wardany (Bloomberg) — Traffic through Egypt’s Suez Canal was briefly halted on Tuesday, just two weeks after a giant

Containership leasing company Seaspan Corporation says it has entered into an agreement to acquire two secondhand 8,500 TEU scrubber-fitted containerships on

Norwegian search and rescue crews are responding to a yacht transport ship that is listing after its cargo reportedly shifted off the west coast of Norway on

By Rafaela Lindeberg (Bloomberg) — Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over

AIRO, April 3 (Reuters) – All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the

CAIRO, April 2 (Reuters) – The Suez Canal said on Friday it was close to clearing a backlog ofshipping that built up when a giant container ship was

The world’s top shipping line Maersk is urging congested U.S. East Coast ports to use the Suez Canal delays to clear cargo from terminals. With shipping

President Biden on Wednesday announced a more than $2 trillion jobs-creating infrastructure proposal which the administration says will add millions of jobs

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report

Swiss shipping line MSC Mediterranean Shipping Company says it is doubling down on its commitment to avoid sending ships through the Arctic as some debate the

By Jonathan Saul and Patrick Werr CAIRO, April 1 (Reuters) – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is

The Georgia Ports Authority has approved projects to increase annual capacity at the Port of Savannah beyond 6 million twenty-foot equivalent container units,

MANILA, March 31 (Reuters) – Hundreds of Chinese vessels believed to be manned by militias in the South China Sea have spread to a wider

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have announced an all-stock merger that will