Shipping

By Mike Wackett (The Loadstar) – With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their

Containership charter rates fell for the first time in at least 16 months in what could be the first sign of container freight rates easing. This is according

By Michael Sasso (Bloomberg) — President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new

An Ohio man has been charged with possession of suspected explosive devices that he allegedly dropped onto two tugboats on the Ohio River. Nathaniel Blayn

German liner company Hapag-Lloyd has raised its 2021 earnings outlook to up to $12.6 billion due to the “unabated” global demand for container

Oct 29 (Reuters) – Royal Caribbean Group missed market estimates for quarterly revenue on Friday, as people were apprehensive about going on cruises due

By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial

Oct 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by

The Panama Canal reported record tonnage in its 2021 fiscal year amid unprecedented supply chain challenges. Containers led in total tonnage, while LNG, LPG,

By Jeffrey Dastin and Nivedita Balu Oct 28 (Reuters) – Amazon.com Inc on Thursday reported a slump in profit that it expects will continue through the

Move over SpaceX, there’s a new rocket launch company coming to the Port of Long Beach. The Long Beach Board of Harbor Commissioners on Thursday approved

Dubai-based ports operator DP World says COVID-19, supply chain disruptions and geopolitical uncertainty could continue to hinder global economic recovery. DP

By Josh Wingrove and Lillianna Byington (Bloomberg) — A requirement for federal workers and contractors to be fully vaccinated for Covid-19 —

By Jessica Jaganathan and Florence Tan SINGAPORE, Oct 28 (Reuters) – Singapore’s highest court has dismissed an appeal by oil tycoon Lim Oon Kuin

By Jonathan Saul LONDON, Oct 28 (Reuters) – World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to

WASHINGTON, Oct 27 (Reuters) – A U.S. trade group representing companies selling luggage, backpacks and other travel products has written President Joe

American consumers are expected to spend up to $859 billion on holiday shopping this season, possibly shattering previous records, the National Retail

By Mike Wackett (The Loadstar) – The 2M carriers, Maersk and MSC, with VSA partner Zim, will drop Seattle from the schedule of their TP9/Eagle/ZP9

By Ben Holland (Bloomberg) — The U.S. is suffering longer delivery delays than other economies because of stronger demand from American consumers, a

Women aiming for successful careers in maritime should be more courageous, not worry about failure and expect to be seen as equals, a senior shipping executive