Shipping

By Mike Wackett (The Loadstar) – Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening

By Brendan Murray (Bloomberg) — Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by

By Jonathan Saul LONDON, Aug 18 (Reuters) – The Port of Antwerp recorded a year-on-year rise in the volume of cargo handled for the first seven months of

Israeli liner company ZIM (NYSE: ZIM) on Wednesday reported second quarter net profit of $888 million, or $7.38 per diluted share, and significantly raised its

More than a year after U.S. consumer purchasing began to build momentum after COVID-19 shutdowns, the cargo boom continues at the nation’s top port for

After only a few months of fundraising, the Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief for

Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,

Global towage provider Svitzer has extended its contract with the Suez Canal Authority to include two additional tugs, providing the waterway with additional

The Georgia Ports Authority kicked off its 2022 fiscal year with record volumes in both containers and Roll-on/Roll-off traffic as consumer demand continues to

Fort Lauderdale, Florida-based Seacor Holdings has acquired Jones Act shipping company U.S. Shipping Corp. USSC is provider of long-haul marine transportation

By Enda Curran and Michelle Jamrisko (Bloomberg) — Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the

A total of 275 ships were sold for scrap in the first half 2021 with the tanker sector leading the charge, according to a half-year demolition review by

By Mike Wackett (The Loadstar) – HMM posted a net profit of $310m for the first six months of the year, but its bottom-line result would have been

New Zealand health officials have confirmed at least 11 cases of COVID-19 on board a Hamburg Sud containership off the coast of Tauranga, putting dozens of

Aug 13 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest

By Sam Potter (Bloomberg) — An expensive ETF riding both the commodity boom and the supply-chain chaos is shedding millions in assets, a sign of

Robert Bugbee, the well-known President of NYSE-listed Scorpio Tankers (NYSE: STNG), spent another $465,000 on STNG call options on Wednesday, bringing his

By Hugh Bronstein BUENOS AIRES, Aug 12 (Reuters) – A once-a-century drought has lowered the water level of Argentina’s main grains transport river,