Shipping

By K. Oanh Ha (Bloomberg) — Genting Hong Kong Ltd.’s Crystal Cruises is shutting down its U.S. office and terminating employees, according to a person

Did the US Coast Guard just block an important #MidshipmanX Sexual Assualt And Harassment (SASH) initiative at the IMO? Who are the members of the United

The World Shipping Council, the Washington, D.C.-based trade association representing international liner shipping, is sharing for the first time concrete

Isreali shipping line ZIM (NYSE: ZIM) has announced new charters with Navios Maritime Partners (NYSE: NMM) for thirteen containerships for periods between 4.5

By William Mathis (Bloomberg) — Vestas Wind Systems A/S tumbled in Copenhagen trading after a drop in profit prompted the company to slash its dividend.

Malaysian oil and gas company Petronas and Japanese shipping company Mitsui O.S.K. Lines have signed a Memorandum of Understanding to jointly explore

A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company

By Laura Curtis (Bloomberg) — U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter,

By Yuka Obayashi and Marwa Rashad TOKYO/LONDON, Feb 9 (Reuters) – Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests

A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-

By Mike Wackett (The Loadstar) – Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40

By Christian Wienberg and Anna Edwards (Bloomberg) — A major player in global trade signaled disrupted supply chains rattling economies from Vietnam to

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into

Danish shipping conglomerate A.P. Moller – Maersk reported record earnings for 2021 amid high freight rates and disruptions that continue to impact

Leading roll-on/roll-off shipping company Wallenius Wilhelmsen reported strong fourth quarter results on Tuesday, driven by improved freight rates in shipping

By Lucia Mutikani WASHINGTON, Feb 8 (Reuters) – The U.S. trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking

The ongoing winter Olympics, coinciding with the Lunar New Year in China, have taken some of the attention away from the drybulk markets. Just as well, because

By Ann Koh (Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal

The first LNG-fueled bulk carrier to transport iron ore between Western Australia and Asia has arrived in Singapore for its first bunkering operation prior

Feb 7 (Reuters) – Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen