Shipping

Containership leasing company Seaspan Corporation says it has secured forward fixed charter contracts for an additional 10 containerships with a major liner

The Port of Long Beach had its best July on record last month as strong consumer demand continues to drive high volumes of cargo across its docks. The port

By Vince Golle (Bloomberg) — The U.S. trade deficit widened to a record in June, consistent with a rush by domestic importers to meet business

South Korean shipbuilder Hyundai Heavy Industries is getting ready to test the autonomous navigation of a large LNG carrier on a trans-oceanic voyage. The test

By Nick Savvides (The Loadstar) – Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS

By Ann Koh (Bloomberg) — Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to

NYSE-listed SFL Corporation (NYSE: SFL) has agreed to acquire two secondhand 14,000 TEU containerships backed by charters to a leading container line. The

The U.S. Federal Maritime Commission has requested answers from eight ocean carriers regarding congestion-related surcharges they have either implemented or

Work to lift the latest section of the Golden Ray has been put on hold as responders continue to clean-up an oil spill that was first reported at the

Two former crew members of the MSC Gayane have been sentenced to prison for their roles in a plot to smuggle an estimated $1 billion worth of cocaine through

By Lisa Barrington and Jonathan Saul DUBAI/LONDON, Aug 3 (Reuters) – Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the

By Sean T. Pribyl (Holland & Knight) – On July 21, 2021, U.S. Coast Guard Commandant Admiral Karl L. Schultz testified to Congress on a

By Nick Savvides (The Loadstar) Following its formal complaint to the Federal Maritime Commission(FMC) last week, Pennsylvania home décor firm MCS

By Frank Coles If you don’t like direct, brash or in your face, stop reading now. You may not like or even agree with what I am going to

By Arsalan Shahla and Gwen Ackerman (Bloomberg) — The U.S., Israel and the U.K. all vowed to respond to a deadly drone attack on an Israeli-linked

A.P. Møller – Maersk has again upgraded its full-year 2021 guidance to reflect strong Q2 results and “an exceptional market situation,” the

By Nick Savvides (The Loadstar) – A Pennsylvania-based shipper has lodged a formal complaint against two global shipping lines. In a $600,000 lawsuit

Hapag-Lloyd expects to report first-half 2021 earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately $4.2 billion as global

Update: Zodiac Maritime confirms the MT Mercer Street is “sailing under control of her crew and under her own power at 14 knots to a safe location with a

U.S. Customs and Border Protection ordered a Panama-flagged bulk carrier to immediately depart U.S. waters earlier this month after the discovery of invasive