Shipping

By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery

By Amy Teibel, Verity Ratcliffe and Arsalan Shahla (Bloomberg) — Israel accused Iran of attacking one of its cargo ships in the Gulf of Oman last week,

By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers

TORM Tankers has announced plans to acquire eight medium-range product tankers from TEAM Tankers for approximately $148 in cash and shares. The eight vessels

By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the

By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the

The U.S. National Oceanic and Atmospheric Administration is set to begin implementing its sunset plan for paper nautical charts as it transitions exclusively

By Roslan Khasawneh SINGAPORE, Feb 26 (Reuters) – Global demand for oil-based marine fuels is set to fall in the next three decades as stricter carbon

By Lisa Barrington DUBAI, Feb 26 (Reuters) – A Bahamas-flagged ship, the MV HELIOS RAY, was hit by an explosion in the Gulf of Oman on Thursday, the

By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and

By Emma Pinedo and Marco Trujillo CARTAGENA, Spain Feb 25 (Reuters) – A shipload of Spanish cattle that had been drifting for months due to concerns over

French shipping giant CMA CGM has announced plans to deploy six new LNG-powered containerships dedicated to the China-U.S. market. Group Chairman and CEO

Italian shipping company Grimaldi Group has announced the construction of six new multipurpose roll-on/roll-off vessels at Hyundai Mipo Dockyard in South

Maersk Tankers and Cargill have teamed up to launch a new bunker procurement service that will offer better pricing, service and transparency to tramp shipping

Feb 24 (Reuters) – Cheniere Energy Inc raised its full-year adjusted core earnings forecast on Wednesday, expecting incremental growth in demand for

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once

SINGAPORE, Feb 24 (Reuters) – The Maritime and Port Authority of Singapore (MPA) has joined an industry-led project to advance the use of ammonia as a

By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable

American shipping companies operating the U.S.-flag Great Lakes fleet will invest nearly $87 million at shipyards and facilities across the region this year,

Australian-based shipbuilder Austal has announced the resignation of Austal USA president Craig Perciavalle amid ongoing investigations in the United States