Shipping

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced today the availability of grants providing $10,819,000 in funding for the

By Chanyaporn Chanjaroen and Alfred Cang (Bloomberg) — Lim Oon Kuin, the founder of collapsed Singapore oil trader Hin Leong Trading (Pte.) Ltd, is

By Nick Carey and Lisa Baertlein (Reuters) – If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider

The U.S. Federal maritime Commission has voted to create a National Shipper Advisory Committee to advise the FMC “on policies relating to the

By Laura Millan Lombrana (Bloomberg) — A battle of words between top Russian and U.S. diplomats this week is the latest sign of rising tensions

By Hugh Bronstein BUENOS AIRES, May 21 (Reuters) – Argentina’s main grains port of Rosario was snarled on Friday in the aftermath of a 48-hour

By Kevin Varley (Bloomberg) — The Jag Anand, stranded off the Chinese coast for 356 days with Australian coal, left the port of Jingtang yesterday after

The U.S. Maritime Administration (MARAD) has announced the first “Centers of Excellence” designations to 27 academic institutions to prepare

By Gavin van Marle (The Loadstar) Israeli container shipping carrier Zim, recently listed on the New York Stock Exchange, rewarded investors yesterday,

By Roslan Khasawneh SINGAPORE, May 20 (Reuters) – The maritime shipping industry will fall short of achieving net zero greenhouse gas emissions

American and Canadian ports in the Great Lakes-St. Lawrence Seaway System have marked a strong start to the 2021 navigation season with total tonnage up nearly

The Liberian Registry says its registered fleet has reached 200 million gross tonnes, making it the second largest ship registry in the world behind Panama. In

By Christian Wienberg (Bloomberg) — The world’s largest shipping company may never go back to in-person capital markets days, as the pandemic looks

By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according

By Arsalan Shahla (Bloomberg) — Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks

TOKYO, May 19 (Reuters) – Japanese shipping company Mitsui OSK Lines (MOL) said on Wednesday it will accelerate efforts to build a global

A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5

By Humeyra Pamuk and Nikolaj Skydsgaard REYKJAVIK, May 18 (Reuters) – U.S. Secretary of State Antony Blinken on Tuesday criticized Russia’s

The Port of Houston has started construction on the project to widen and deepen the 52-mile Houston Ship Channel. The project, known Project 11, will widen the

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials