Shipping

German liner company Hapag-Lloyd has posted a $3.3 billion profit in the first half of the year amid “very strong demand” for container shipping

By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia

By Paul Sandle LONDON, Aug 12 (Reuters) – British satellite operator Inmarsat said it would launch a major upgrade to its L-band services to offer faster

By Jeff Mason and Trevor Hunnicutt WASHINGTON, Aug 11 (Reuters) – President Joe Biden said on Wednesday that his administration is working to relieve

The crew of a privately chartered Jones Act enforcement vessel has met with the U.S. Customs and Border Protection to touch base on issues that the vessel and

By Trevor Hunnicutt Aug 11 (Reuters) – U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to

Congressmen in the U.S. House of Representatives John Garamendi (D-CA) and Dusty Johnson (R-SD) have introduced legislation requiring foreign-based ocean

Usually, when a company announces that it is re-organizing under “Chapter 11”, the idea is that the company will re-organize its balance sheet (usually,

By Jonathan Saul and Ari Rabinovitch JERUSALEM, Aug 9 (Reuters) – Four investment groups are looking to acquire the Israeli port of Haifa estimated to be

By Nick Savvides (The Loadstar) – Growing congestion fears in Asia are being matched by an apparent resurgence of delays at US west coast

With continued chaos driving record-high freight rates in container shipping, some shippers have been forced seek more creative ways of moving cargo point A to

Hong Kong-based Orient Overseas Container Line (OOCL) has become the first ocean carrier to offer a new rail-sea service connecting China with the U.S. East

Eastern Shipbuilding Group (ESG) has completed construction of the first of three new Staten Island ferries for the New York City Department of Transportation.

A bankruptcy judge has approved the proposed sales of assets belonging to petroleum tug and barge operator Bouchard Transportation, although discussions are

By Nick Savvides (The Loadstar) – Members of the Intergovernmental Panel on Climate Change (IPCC), a body of scientists and others from 195 countries,

By Jonathan Gilbert (Bloomberg) — Snaking its way through thousands of miles of South American rainforest and pampas and past sprawling soybean and corn

A.P. Moller – Maersk, owner of the world’s top shipping line, reported record profit in the second quarter as congestion and bottlenecks continue

MILAN, Aug 5 (Reuters) – Europe’s biggest utility Enel has agreed to work with Italian shipbuilder Fincantieri to find ways to use green hydrogen

Containership leasing company Seaspan Corporation says it has secured forward fixed charter contracts for an additional 10 containerships with a major liner

The Port of Long Beach had its best July on record last month as strong consumer demand continues to drive high volumes of cargo across its docks. The port