Container Spot Rates Hold Steady as Transpacific Gains Offset Asia-Europe Declines
Global container shipping rates held steady this week as stronger pricing on the Transpacific offset declines on Asia-Europe routes, according to Drewry. The
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Global container shipping rates held steady this week as stronger pricing on the Transpacific offset declines on Asia-Europe routes, according to Drewry. The
The global containership fleet is about to cross another major milestone, with capacity set to reach 34 million TEU after growing by 10 million TEU in just
REGENT Craft has completed the first human-crewed flight of its full-scale Viceroy Seaglider prototype, a major milestone in the Rhode Island company’s
The head of Japanese shipping company Mitsui OSK Lines Ltd. expects disruption in the Strait of Hormuz to last longer than previously assumed, with recent
A bipartisan group of House lawmakers has introduced legislation that would give U.S. merchant mariners working in international trade a tax break similar to
Norwegian authorities have seized a Russian-owned expedition ship in Svalbard at the request of Ukraine’s Naftogaz Group as the company seeks to enforce a
Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the
A.P. Moller-Maersk is preparing to test wind-assisted propulsion on one of its containerships, with plans to install a large Rotor Sail on an 8,700-TEU vessel
Two seafarers have been killed in an attack on a tanker in the Strait of Hormuz, UK Maritime Trade Operations confirmed Wednesday, bringing the known death
Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian drone
Major shipping industry groups are urging European policymakers to approve two Indian ship recycling yards for inclusion on the European Union’s approved
By Jasper Ward and Parisa Hafezi WASHINGTON/DUBAI, Sept 1 (Reuters) – The U.S. launched new air strikes on Iranian targets on Tuesday, quashing
WASHINGTON, Sept 1 (Reuters) – China’s state-owned shipping giant COSCO uses concealed equipment on board its ships to spy on military
El Niño is strengthening across the tropical Pacific, with U.S. forecasters now seeing a greater than 90% chance it becomes a very strong event this fall and
Mine clearance in the Strait of Hormuz is “not sufficient on its own” to bring commercial shipping back to normal, INTERTANKO warned, even as the tanker
The Pasha Group has named longtime shipping and logistics executive Raymond Fitzgerald as President and Chief Operating Officer as the family-owned
European naval forces have boarded another tanker suspected of operating as part of Russia’s shadow fleet, marking the sixth such inspection carried out by
The U.S. Maritime Administration is activating SUNY Maritime College’s Empire State VII for a classified national security mission after
By Alex Longley and Archie Hunter (Bloomberg) — The world’s oil supertankers are making unprecedented sums sailing from the Persian Gulf as Iran keeps
Turkish and Somali forces have freed the cargo ship Lutuf after a 10-day operation against pirates who hijacked the vessel off Somalia’s Puntland
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