Shipping

South Korean shipbuilder Samsung Heavy Industries has announced plans to develop nuclear power plant technology for ships as the industry seeks ways to reduce

Container volumes at Port of Long Beach broke 900,000 TEU for the first time ever in May as consumer demand continues to show no signs of letting up.

The United States’ top ports for retail imports are expected to report another blockbuster month in May as consumers turn to normal shopping patterns as

By Jack Wittels (Bloomberg) — John Kerry wants to accelerate the decarbonization of the global shipping industry which spews more carbon dioxide into

The Italian-flagged containership Ital Libera is sailing back to Italy to repatriate the body of its deceased captain who apparently passed away from COVID-19

By Sam Whelan (The Loadstar) – South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and

The U.S. government’s first official study on the economic impact of the nation’s marine economy shows that marine-related sectors contributed

By Dina Khrennikova and Olga Tanas (Bloomberg) — Russia’s largest liquefied natural gas producer plans to start shipments to Asia across the

By Sherry Su (Bloomberg) — Here’s something for oil bulls to chew on as Brent crude trades near $72: tankers are holding several million barrels of

The International Transport Workers’ Federation said today it helped seafarers recover nearly $45 million in owed wages last year while cases of ship

By Mike Wackett (The Loadstar) – The closure of the Chinese hub port of Yantian last week added another layer of chaos to an already fractured supply

By Bloomberg News (Bloomberg) — China’s exports continued to surge in May, although at a slower pace than the previous month, fueled by strong global

by Liangping Gao (Reuters) China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export

French shipping giant CMA CGM, the world’s number three ocean carrier, reported Q1 2021 net profit of $2.1 billion driven by strong demand for consumer

By Rachel Morison (Bloomberg) — Britain could become a net exporter of electricity to Europe as soon as 2026, according to S&P Global Platts. The

The U.S. government is set to release its first official estimate of the value of the nation’s marine economy, also known as the “blue economy.” NOAA

By Mike Wackett (The Loadstar) – The box ship charter market is continuing its bull run, with daily hire rates in some sectors now “out of

Shipping consultancy Drewry says the shipping industry should brace for a shortage of officers to crew the world’s commercial fleet in the coming years,

By Barry Parker Shipping’s relationship with the general news media has never been a good one. Secrecy of individual companies, based on tradition, and

CAIRO, June 3 (Reuters) – The speed of a container ship that blocked the Suez Canal in March was controlled by the Egyptian waterway’s operator