Shipping

By Augusta Saraiva and Eric Martin (Bloomberg) — The U.S. trade gap widened in May to the second-largest on record as imports increased faster than

By Laura Davison (Bloomberg) — A group of Republican lawmakers asked President Joe Biden to end the “self-inflicted harm” his GOP predecessor,

MSTERDAM, July 1 (Reuters) – An advisory panel in the Netherlands has told the government to acknowledge that the 17th-19th century transatlantic slave

Five more people have pleaded guilty related to a mariner credentialing test score-fixing scheme at a U.S. Coast Guard exam center, bringing the total number

By Kate Abnett and Jonathan Saul BRUSSELS, June 30 (Reuters) – Ship owners could be forced to pay for pollution from their vessels or face bans from

U.S.-based Eagle Bulk Shipping (NASDAQ: EGLE) has announced a underwritten secondary public offering of $1.5 million shares of its common stock. The shares are

The Royal Navy’s HMS Protector has set a record for sailing closer to the North Pole than any other British surface ship in history. The Plymouth-based

South Korean shipping company HMM has reached shipbuilding agreements for the construction of twelve 13,000 containerships valued at $1.57 billion. The order

By Lisa Baertlein and Jonathan Saul LOS ANGELES/LONDON, June 29 (Reuters) – Suppliers to Walmart , Target, Amazon.com and other major retailers told

The world’s largest shipping line Maersk is encouraging a “just-in-case” supply chain model as fallout from the COVID-19 pandemic continues

By Mike Wackett (The Loadstar) – MSC is continuing its strategy of hoovering-up container tonnage on the second-hand market, acquiring more ships in

Seaspan Corporation has provided a rare update related to the financing of its massive newbuild orderbook, which now stands at 45 containerships ordered since

June 28 (Reuters) – Walt Disney Co postponed its first test cruise since the onset of the global coronavirus pandemic after COVID-19 tests provided

Hong Kong-based containership leasing company Seaspan Corporation has placed its latest order fo six new 15,000 TEU ships, bringing its total orderbook to 45.

June 28 (Reuters) – Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak

By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both

By Ewa Krukowska (Bloomberg) — The European Commission plans to include maritime transport in the world’s biggest carbon market and create an adjacent

U.S. carrier Matson (NYSE: MATX) has announced plans to increase its quarterly dividend and repurchase 3 million shares representing nearly $190 million in

Containership leasing company Seaspan Corporation has announced it has forward-fixed contracts and extended current lease terms for 17 containerships with

By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific