Shipping

By Andrew Janes and Dan Murtaugh (Bloomberg) — Royal Dutch Shell Plc announced late last year it would slash capacity by half at its biggest

New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have completed their merger, creating one of

Japanese shipping line Mitsui O.S.K. Lines will acquire a 40 percent stake in Methanex’s Vancouver-based subsidiary Waterfront Shipping (WFS), which operates

Cosco Shipping has announced a $1.5 billion order for ten new containerships. The order was placed by COSCO Shipping Holdings at COSCO Shipping’s

JOHANNESBURG, July 16 (Reuters) – South Africa’s Transnet on Friday said road closures and fuel and food shortages are constraining its supply

Volkswagen Group has announced long-term charters for four additional LNG-powered car carriers. The four new ships are planned to enter service by the end of

By Brendan Murray (Bloomberg) — Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week,

Finnish technology group Wärtsilä has recently completed full-scale engine tests using hydrogen and ammonia fuel, describing the tests as key to

By Nick Savvides (The Loadstar) – Maersk is redesigning its network in west and central Asia to “improve [cargo] speed to market”. The aim is to

MOSCOW, July 14 (Reuters) – A senior Russian security official warned Britain on Wednesday not to sail its warships near Russian-annexed Crimea again

Greek containership owner and charterer Danaos Corporation (NYSE: DAC) has entered into an agreement to acquire six 5,466 TEU containerships on the secondhand

By Michael McDonald (Bloomberg) — The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic.

By Jonathan Saul and Kate Abnett LONDON, July 14 (Reuters) – The European Commission on Wednesday proposed adding shipping to the bloc’s

By Ellen Milligan (Bloomberg) — The owner of the Ever Given, the cargo ship that blocked the Suez Canal for almost a week, hampering global trade

The Ever Given set sail from Egyptian waters on Tuesday, officially ending its 112-day saga stuck in the Suez Canal. AIS ship tracking data from

By K. Oanh Ha (Bloomberg) Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions,

The World Shipping Council (WSC) is coming to the defense of ocean liners after President Biden issued an executive order addressing anti-competitive behavior

The U.S. Federal Maritime Commission and the Department of Justice have signed an agreement to increase cooperation and communication in oversight and

French handbag manufacturer Longchamp has secured space on board NEOLINE’s new sailing cargo ships. Under the agreement, Longchamp has committed to

Crowley has announced plans to build and operate the fully-electric tugboat in the United States. The vessel, named eWolf, is bound for the Port of San