Shipping

Investment company MRMP-Managers, LLC has sent a letter to NYSE-listed Navios Maritime Partners (NMM) and its CEO Angeliki Frangou detailing concerns regarding

Most vessels are breaking speed limits to protect critically endangered North Atlantic right whales, threatening the extinction of the species, according to a

By Eric Martin and James Mayger (Bloomberg) — China and the U.S. are shipping goods to each other at the briskest pace in years, making the

South Korean shipbuilder Samsung Heavy Industries has awarded French engineering firm GTT with a contract to design Ammonia-ready LNG fuel tanks for five

By Mike Wackett (The Loadstar) – Despite a 30% spike in prices for scrap, just 1,300 teu of cellular tonnage was sold for demolition in the past 60

By Bloomberg News (Bloomberg) Singapore is facing the greatest competition yet to its status as the dominant marine fuel supplier in Asia, with China luring

The U.S. Federal Maritime Commission is stepping up its scrutiny of ocean carriers by establishing a new audit program and dedicated team to assess carrier

Sick and tired of foreign vessels taking advantage of loopholes in the Jones Act, the Offshore Marine Service Association (OMSA) says it is taking the

NEW DELHI, July 19 (Reuters) – The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India’s

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