Shipping

Oslo-based MPC Container Ships (MPCC) has entered into an agreement to acquire Songa Container AS and its fleet of 11 container smaller containerships for $210

Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME),

By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight.

By Frank Coles (OpEd) – So there is no misunderstanding, I am not a raving lunatic, just a frustrated mariner. I get the complications of COVID, the

By John Konrad (gCaptain) Last week maritime influencer Lena Göthberg published the 165th episode of her popular Shipping Podcast, and the content was

Israeli liner shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and e-commerce giant Alibaba.com will extend their cooperation agreement for

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions

Tokyo-based finance firm Mitsubishi HC Capital Inc. will acquire all outstanding shares of CAI International (NYSE: CAI), one of the world’s leading marine

By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely

MADRID, June 17 (Reuters) – Spain has detained a tanker ship for illegally dumping fuel in waters off the Canary Islands and creating a 55-square km (21

The International Maritime Organization’s Marine Environment Protection Committee has concluded its 76th meeting (known as MEPC 76), held remotely from

The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 76) has agreed to prohibit the use of heavy fuel oil in the

The IMO’s Marine Environment Protection Committee (MEPC 76) adopted amendments to the International Convention for the Prevention of Pollution from Ships

By Elizabeth Low (Bloomberg) — High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use

By Barry Parker The IMO’s Secretary General, Mr. Kitack Lim, had laid down the gauntlet to delegates participating in the Marine Environment Protection

By Bloomberg News (Bloomberg) — The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery

OSLO, June 17 (Reuters) – Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing

Longer and deeper ships will now be able to use the expanded Panama Canal. After almost five years since the inauguration fo the Neopanamax locks, the Panama

The Paris MoU has approved its 2020 “White, Grey, and Black” lists for flag state performance. The Paris MoU’s annual “White, Grey and Black (WGB)

Japanese shipping company NYK has announced plans to build a dozen LNG-fueled pure car and truck carriers (PCTCs) with deliveries starting in 2025. The company