Shipping

Greek shipping magnate and billionaire John Angelicoussis has been hospitalized in Athens in serious condition after falling ill on Saturday morning,

March 22 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships ferrying dry bulk commodities scaled an over one-year

Russian shipping company Sovcomflot and Shell have completed the first ship-to-ship LNG bunkering of a large ocean-going tanker in U.S. waters. The

Japanese shipping group Mitsui O.S.K. Lines (MOL) is betting on the future of carbon capture and storage with an investment in a company specializing in liquid

Authorities in the U.K. are continuing the search for the missing fishing vessel that was lost off the coast of North Wales earlier this year. The F/V Nicola

While the number of seafarers impacted by the COVID-19 crew change crisis has fallen in recent months, the shipping industry is concerned that the number could

By Mike Wackett (The Loadstar) – Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for

A German research vessel exploring East Antarctica found itself at the right place at the right time last month when a massive iceberg broke off from the

Norway has given the green light to begin preparations for the construction on what is expected to become the world’s first ship tunnel. The Stad Ship

RANKFURT, March 18 (Reuters) – German container shipper Hapag-Lloyd said on Thursday it almost tripled its net result in 2020 due to lower costs and

The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce

By Mike Wackett (The Loadstar) Ocean carriers are becoming increasingly confident that freight rates will remain high for years and are still chartering

(Bloomberg) — Katherine Tai easily won Senate confirmation as U.S. Trade Representative, putting the former congressional staffer at the center of thorny

March 17 (Reuters) – The Baltic Exchange’s main sea freight index on Wednesday climbed to a near 1-1/2-year high as panamax rates scaled a more

By Alex Longley and Alaric Nightingale (Bloomberg) — The market for moving oil across the world’s oceans is currently so bad that owners of the

By Bloomberg News (Bloomberg) — The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal

Authorities in Australia are investigating the smuggling of approximately 200 kilograms of cocaine that was offloaded from an MSC ship to a boat at sea off the

The MV ONE Apus departed Kobe, Japan on Tuesday after a major operation to remove hundreds of damaged and dislodged containers on deck following last

Crews have separated the latest section of the Golden Ray as the operation to cut and remove the wreck stretches into its fifth month. The St. Simons Sound

By Jonathan Saul and Laura Sanicola LONDON/NEW YORK, March 16 (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on