Shipping

Athens-based containership owner Danaos Corporation (NYSE: DAC) has announced orders for four methanol fuel-ready 7,200 TEU containerships, expanding its

What a difference a day makes. A day after the announcement of the mega merger between tanker giants Frontline (“FRO”) and Euronav (“EURN”), there were

By Alex Longley (Bloomberg) — Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise

With all eyes on the Ever Forward stuck in Chesapeake Bay, there was another incident over the weekend that had the potential to escalate into a major maritime

By David Lawder WASHINGTON, April 10 (Reuters) – Ukraine’s economic output will likely contract by a staggering 45.1% this year as

By Andreas Rinke LONDON,(Reuters) – Germany could end Russian oil imports this year, Chancellor Olaf Scholz said on Friday, signaling the urgency

By Laura Sanicola April 8 (Reuters) – East Coast jet fuel prices are showing no sign of retreat from record levels with nearest reinforcements

PARIS, April 8 (Reuters) – French shipping group CMA CGM said on Friday it has acquired nearly 100% of Gefco, the auto transport company previously

By Francesco Guarascio BRUSSELS, April 7 (Reuters) – European Union envoys are set to approve on Thursday a ban on Russian coal that would take full

By Vel Moonien in Mauritius The Préfet of Reunion Island, the highest ranking representative of the French authority on the island south of Mauritius, in the

By Ana Monteiro (Bloomberg) — Ocean carriers looking to avoid logjams at the U.S.’s busiest container gateways on the West Coast are now facing even

By Laura Curtis (Bloomberg) — The head of the U.S.’s second-busiest container seaport said he has seen no letup in import volumes, though there

By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge

By Jonathan Saul LONDON, April 6 (Reuters) – European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed

The Connecticut Maritime Association conference wrapped up last week, bringing together hundreds of attendees to an “in person” setting. Just like many

The U.S. Coast Guard and a good samaritan vessel came to the rescue of a Mackinac Island ferry with 144 passengers and four crewmembers aboard lost steering

By Mike Wackett (The Loadstar) – Despite MSC continuing to stretch its lead over Maersk in the containership total capacity stakes, the Danish carrier

April 6 (Reuters) – The European Commission has proposed new sanctions against Russia over its invasion of Ukraine, including a ban on buying Russian

By Bloomberg News (Bloomberg) — European businesses operating in China are struggling to cope with lockdowns that are hurting production and threatening

By Megan Durisin, Pratik Parija and Irina Anghel (Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons