Shipping

By Sangmi Cha SEOUL, Jan 6 (Reuters) – A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its

By Jacob Gronholt-Pedersen (Reuters) – High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in

The U.S. Coast Guard last week rescued a man from a disabled sailboat in the Caribbean Sea about 114 nautical miles from Puerto Rico with assistance from the

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which

By Sangmi Cha and Josh Smith SEOUL, Jan 5 (Reuters) – Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day

By Aziz El Yaakoubi AL-ULA, Saudi Arabia, Jan 5 (Reuters) – Embracing Qatar’s ruler, Saudi Arabia’s Crown Prince pushed a deal to end a

Jan 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its

Israeli shipping company ZIM Integrated Shipping Services has notified the U.S. Securities and Exchange Commission of its intention for an initial public

An Evergreen Marine containership lost 36 containers over the side after the vessel encountered severe weather off the coast of Japan last week. The container

By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%

By Marianna Parraga and Mircely Guanipa Jan 4 (Reuters) – Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels

The American Maritime Partnership (AMP) said the National Defense Authorization Act (NDAA) (H.R. 6395) includes the most consequential maritime legislation

By Parisa Hafezi and Hyonhee Shin DUBAI/SEOUL, Jan 4 (Reuters) – Iran’s Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf

The American Maritime Partnership is saluting Congress’s passing of the National Defense Authorization Act, which the advocacy group said includes some

By Yereth Rosen ANCHORAGE, Alaska (Reuters) – A Pacific storm of record proportions swept a remote stretch of Alaska’s Aleutian Islands chain on

By Anna Shiryaevskaya, Stephen Stapczynski and Sergio Chapa (Bloomberg) — Liquefied natural gas traders anticipate a swift demand recovery in 2021 after

By Verity Ratcliffe, Khalid Al-Ansary and Alex Longley (Bloomberg) — An oil tanker off the coast of Iraq discovered an explosive object attached to

Even the world’s richest person has a soft spot for Mom. Centi-billionaire Jeff Bezos on Wednesday christened his Blue Origin rocket landing ship, naming

As 2020 comes to a close, we’re taking a look back at the stories that were read the most by readers. For probably the first time, we’re happy to

By Ana Monteiro (Bloomberg) — The U.S. merchandise-trade deficit widened to an all-time high in November as American companies imported a record value