By Andy Hoffman (Bloomberg) — A rare disclosure by Gunvor Group Ltd. confirms what’s long been suspected — jobs at energy trading firms pay very well.  Gunvor had about 1,671 employees...

By Ian Putzger in Toronto (The Loadstar) – Persistent and mounting congestion at US west coast ports has caused some shippers to seek the sanctuary of the east coast to speed cargo...

Containership leasing company Seaspan Corporation has announced the delivery of its first newbuild containership as part of its massive 70-ship-strong orderbook. The new vessel, a one 12,200 TEU containership, is...

Teekay LNG Partners (NYSE:TGP), the LNG shipping arm of Teekay Corporation (NYSE: TK), has announced an agreement to to be acquired by investment firm Stonepeak in a deal valued at...

The U.S. Department of Transportation and Maritime Administration are taking a serious look into an anonymous online report by a U.S. Merchant Marine Academy (USMMA) cadet who claims she was...

A unified command consisting of Beta Offshore Amplify Energy, the U.S. Coast Guard, and California Department of Fish and Wildlife’s Office of Spill Prevention and Response (CDFW-OSPR) is responding to...

By Reade Pickert (Bloomberg) –A measure of U.S. manufacturing expanded in September at the fastest pace in four months, bolstered by robust demand for factory goods and burgeoning inventory. The Institute...

The Greek owner and operator and a Chief Engineer were indicted in U.S. Federal Court in New Orleans Thursday for violations of environmental and safety laws related to the MV...

By Adveith Nair and Manus Cranny (Bloomberg) — Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have rattled global trade flows to continue at...

By Ashitha Shivaprasad Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the quarter on the back of robust...

Today, and every September 30th, is World Maritime Day, a United Nation’s day of observance to recognize the maritime industry’s contribution to the global economy. You probably don’t care, but...

FRANKFURT, Sept 30 (Reuters) – Global container shipping problems related to post-COVID 19 logistics problems have intensified in the third quarter and show no sign of letting up, the world’s number five...

A group of some of the world’s top trade organizations representing transport workers from across maritime, aviation and trucking are calling on the world’s heads of government to end a...

By Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 29 (Reuters) – Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike...

The Baltic Dry Index set its all-time record of over 11,000 points during the 2007-2008 commodities super cycle. Could we be headed for super cycle 2.0? Sept 29 (Reuters) –...

By Bloomberg News (Bloomberg) — China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into competition with European and Indian...

German liner company Hapag-Lloyd is investing in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and...

Sept 28 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong...

Costco has chartered three container ships and leased thousands of containers as the membership-based wholesale retailer looks to secure the delivery of products from Asia amid port congestion and container...

China International Marine Containers has struck a deal with A.P. Moller – Maersk to acquire Maersk Container Industry, a leading manufacturer of refrigerated containers, for almost $1 billion. The deal...