Shipping

By Salma El Wardany (Bloomberg) — An Egyptian court upheld a ruling preventing the giant container ship that blocked the Suez Canal from leaving the

By Sean T. Pribyl (Holland & Knight) – With President Joe Biden’s 100th-day milestone on April 30, 2021, the U.S. Coast Guard is holding

By Jonathan Saul LONDON, April 30 (Reuters) – A lack of orders for new ships is providing further support to the dry bulk freight market as demand for

A Panama-flagged bulk carrier operated by Qatari shipping company Aswan Shipping has been banned from Australian ports for 18-months following a lengthy Port

Japanese ocean carrier Ocean Network Express (ONE) reported a profit of nearly $3.5 billion in FY2020 thanks to ongoing the COVID-19 economic recovery starting

By Mike Wackett (The Loadstar) – Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef

By Jonathan Saul LONDON, April 30 (Reuters) – Cargill, one of the world’s biggest charterers of ships, has cut nearly 1.5 million tonnes of gross

French container shipping group CMA CGM has announced a new order for 22 ships ranging in size and fuel type. The order was placed with China State

Negotiations over the global minimum wage for seafarers have broken down after seafarers’ unions and shipowners failed to agree on a figure following two

The Suez Canal Authority has granted permission for three crew members of the Ever Given to be relieved as to their contracts expire, the ship’s

By Jonathan Gilbert (Bloomberg) — Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One

April 28 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Wednesday

April 28 (Reuters) – A seabed mining robot being tested on the Pacific Ocean floor at a depth of more than 4 km (13,000 ft) has become detached, the

The incorrect installation of a single set screw led to the loss of propulsion control on the Canadian-flagged, 736-foot-long Atlantic Huron, causing the ship

Danish shipping conglomerate A.P. Moller – Maersk A/S announced a big upgrade to its full year guidance for the year due to the “exceptional market

John Konrad and Sal Mercogliano discuss the maritime news of the week in this third episode of the gCaptain Weekly. Topics discussed include the red hot

CAIRO, April 26 (Reuters) – The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and

By Mike Wackett (The Loadstar) – Container freight indices are on the rise again, but even at their highly elevated levels they mask the true cost of

LONDON, April 23 (Reuters) – UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had

By Ragnhildur Sigurdardottir (Bloomberg) — European polluters will soon be able to ship their carbon emissions to Iceland to be turned into stone in the