Shipping

The Royal Navy’s HMS Protector has set a record for sailing closer to the North Pole than any other British surface ship in history. The Plymouth-based

South Korean shipping company HMM has reached shipbuilding agreements for the construction of twelve 13,000 containerships valued at $1.57 billion. The order

By Lisa Baertlein and Jonathan Saul LOS ANGELES/LONDON, June 29 (Reuters) – Suppliers to Walmart , Target, Amazon.com and other major retailers told

The world’s largest shipping line Maersk is encouraging a “just-in-case” supply chain model as fallout from the COVID-19 pandemic continues

By Mike Wackett (The Loadstar) – MSC is continuing its strategy of hoovering-up container tonnage on the second-hand market, acquiring more ships in

Seaspan Corporation has provided a rare update related to the financing of its massive newbuild orderbook, which now stands at 45 containerships ordered since

June 28 (Reuters) – Walt Disney Co postponed its first test cruise since the onset of the global coronavirus pandemic after COVID-19 tests provided

Hong Kong-based containership leasing company Seaspan Corporation has placed its latest order fo six new 15,000 TEU ships, bringing its total orderbook to 45.

June 28 (Reuters) – Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak

By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both

By Ewa Krukowska (Bloomberg) — The European Commission plans to include maritime transport in the world’s biggest carbon market and create an adjacent

U.S. carrier Matson (NYSE: MATX) has announced plans to increase its quarterly dividend and repurchase 3 million shares representing nearly $190 million in

Containership leasing company Seaspan Corporation has announced it has forward-fixed contracts and extended current lease terms for 17 containerships with

By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific

CAIRO, June 24 (Reuters) – The operator of a giant cargo ship that blocked the Suez Canal in March said on Thursday that it would take more time for

Each year, on June 25th, the U.N. International Maritime Organization celebrates ‘Day of the Seafarer‘ as a way to raise awareness about issues

By Mike Wackett (The Loadstar) Charterers are prepared to break the bank to fix container feeder tonnage and, according to one shipowner, the market could

U.S.-based Crowley has taken delivery of its new 55,000-barrel articulated tug-barge (ATB) to serve in the Alaska Jones Act market. The Aurora/Qamun is a

By Sarah McBride (Bloomberg) — Elon Musk’s tunneling startup the Boring Co. is working on much wider tunnels than publicly announced, which

By Parisa Hafezi and Humeyra Pamuk DUBAI/BERLIN, June 23 (Reuters) – Iran said on Wednesday the United States had agreed to remove all sanctions on