Shipping

Danish shipping conglomerate A.P. Moller – Maersk reported record earnings for 2021 amid high freight rates and disruptions that continue to impact

Leading roll-on/roll-off shipping company Wallenius Wilhelmsen reported strong fourth quarter results on Tuesday, driven by improved freight rates in shipping

By Lucia Mutikani WASHINGTON, Feb 8 (Reuters) – The U.S. trade deficit surged to a record high in 2021 as imports increased sharply amid the restocking

The ongoing winter Olympics, coinciding with the Lunar New Year in China, have taken some of the attention away from the drybulk markets. Just as well, because

By Ann Koh (Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal

The first LNG-fueled bulk carrier to transport iron ore between Western Australia and Asia has arrived in Singapore for its first bunkering operation prior

Feb 7 (Reuters) – Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen

By Jonathan Saul, Kate Abnett and Nina Chestney LONDON, Feb 7 (Reuters) – The European Commission has proposed adding shipping to the bloc’s

By Frank Coles – Over the last twenty years we have seen continuous discussions about the need for open sharing of data.  Recently this has become more

If the container shipping market is showing signs softening, ship charter rates have yet to receive the memo. The HARPEX index, which tracks pricing in the

By Julia Payne LONDON, Feb 4 (Reuters) – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as

By Mike Wackett (The Loadstar) – Global feeder operators are having their heads turned by huge offers for their owned tonnage and chartered-in ships

U.S. Senator Amy Klobuchar (D-MN) has introduced legislation to update federal regulations for the international liner shipping industry aimed at helping

Update: An army of tugs led by the Sovereign and Neuwark towed the Mumbai Maersk free at high tide early Friday morning. Six additional tugs were involved in

The shipping industry has seen a sharp drop-off in labor standards reporting, providing further evidence that seafarer wellbeing has been an unintended

By Vel Moonien in Mauritius – The Tresta Star, a tanker from the island of Mauritius, has run aground off the eastern coast of Reunion Island, a French

Feb 3 (Reuters) – Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the

A lack of U.S. Coast Guard icebreaking assets has delayed cargoes this season on the Great Lakes despite a relatively mild and delayed onset of winter in the

By Jonathan Saul LONDON, Feb 2 (Reuters) – Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks

By Marianna Parraga (Reuters) – An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run