Shipping

Work to lift the latest section of the Golden Ray has been put on hold as responders continue to clean-up an oil spill that was first reported at the

Two former crew members of the MSC Gayane have been sentenced to prison for their roles in a plot to smuggle an estimated $1 billion worth of cocaine through

By Lisa Barrington and Jonathan Saul DUBAI/LONDON, Aug 3 (Reuters) – Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the

By Sean T. Pribyl (Holland & Knight) – On July 21, 2021, U.S. Coast Guard Commandant Admiral Karl L. Schultz testified to Congress on a

By Nick Savvides (The Loadstar) Following its formal complaint to the Federal Maritime Commission(FMC) last week, Pennsylvania home décor firm MCS

By Frank Coles If you don’t like direct, brash or in your face, stop reading now. You may not like or even agree with what I am going to

By Arsalan Shahla and Gwen Ackerman (Bloomberg) — The U.S., Israel and the U.K. all vowed to respond to a deadly drone attack on an Israeli-linked

A.P. Møller – Maersk has again upgraded its full-year 2021 guidance to reflect strong Q2 results and “an exceptional market situation,” the

By Nick Savvides (The Loadstar) – A Pennsylvania-based shipper has lodged a formal complaint against two global shipping lines. In a $600,000 lawsuit

Hapag-Lloyd expects to report first-half 2021 earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately $4.2 billion as global

Update: Zodiac Maritime confirms the MT Mercer Street is “sailing under control of her crew and under her own power at 14 knots to a safe location with a

U.S. Customs and Border Protection ordered a Panama-flagged bulk carrier to immediately depart U.S. waters earlier this month after the discovery of invasive

By Mike Wackett (The Loadstar) – With the exception of a few containership owners that are enjoying eye-watering short-term charters, most

The Federal Maritime Commission has been presented with a set of interim recommendations from its fact finding investigation into challenges facing the ocean

The U.S. Maritime Administration has awarded Crowley Maritime Corporation with a multi-year, $638 million Vessel Acquisitions Management contract. As the

NYSE-listed shipping company Costamare Inc. (NYSE: CMRE) says it has agreed to acquire an additional 21 dry bulk vessels after announcing its entry into the

New Zealand health officials have confirmed additional cases of COVID-19 on board the containership Mattina, bringing the total number of confirmed cases on

Port State Control authorities are preparing an inspection campaign targeting ship stability. The 3-month inspection campaign is being launched by the Tokyo

By Mike Wackett (The Loadstar) – The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has,

By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING, July 23 (Reuters) – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A