Shipping

PARIS, Nov 12 (Reuters) – Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel

By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be

Nov 5 (Reuters) – An oil tanker owned by Venezuelan state oil company Petroleos de Venezuela’s maritime division is undergoing repairs in Cuba

By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean

A containership belonging to Ocean Network Express is being rerouted to the Port of Tacoma after containers collapsed on board during a transpacific voyage. A

Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese

It’s been over sixty years since the first (and last) US-flagged nuclear-powered cargo ship set sail but, if Bill Gates has his way, the ocean may soon

By Jonathan Saul and Nina Chestney (Reuters) – Developers across the world are for the first time testing the use of hydrogen to power ships as the

By Ann Koh and Heesu Lee (Bloomberg) –One of the largest container port operators is calling on the shipping industry to tackle a growing yet often

JERUSALEM, Oct 21 (Reuters) – Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab

Seaspan Corporation, a leading containership owner and operator, says it has secured a $1.8 billion sustainability-linked loan, marking a first of its kind in

By David Gaffen Oct 15 (Reuters) – U.S. crude stockpiles fell sharply last week, as offshore oil production was shut due to Hurricane Delta, while

By Michael Hirtzer (Bloomberg) — With the U.S. importing more goods than it’s exporting, shipments of American cotton, grain and hay are getting

Two of the world’s leading global container carriers MSC Mediterranean Shipping Company and CMA CGM are now fully plugged in to the TradeLens

By Aziz El Yaakoubi (Reuters) – A United Nations team will have to wait several weeks to access a deteriorating FSO tanker off Yemen’s shore that is

The world’s first natural gas-powered containership has also just set a new world record for the highest number of full containers loaded on a single