Container Crunch Means It Pays More to Sail Empty to Asia
By Ann Koh (Bloomberg) — Shipping carriers seeking to capitalize on the most lucrative trade routes are returning empty cargo containers to Asia,
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By Ann Koh (Bloomberg) — Shipping carriers seeking to capitalize on the most lucrative trade routes are returning empty cargo containers to Asia,
The U.S. Department of Justice has charged 31 individuals, including three former Coast Guard employees, related to a test score-fixing scheme at a United
By Aaron Clark and Kevin Varley (Bloomberg) — More than $500 million worth of Australian coal is on ships anchored off Chinese ports, as a diplomatic
By Barry Parker, Correspondent “You have to start somewhere.” While nobody used this phrase specifically, the IMO, in its just concluded virtual session of
U.S.-based subsea exploration company Ocean Infinity has signed shipbuilding contracts for eight shore-controllable vessels in what is being described as a
MOSCOW, Nov 23 (Reuters) – Russian gas producer Novatek has started ship-to-ship loadings of liquefied natural gas from the Yamal LNG project near the
By Emma Farge (Reuters) – Greenhouse gas concentrations climbed to a new record in 2019 and rose again this year despite an expected drop in
By Brendan Murray (Bloomberg) — A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth
By Marcy Nicholson (Bloomberg) — A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple
PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a
By Barry Parker, gCaptain Correspondent After considerable anticipation, the Marine Environmental Protection Committee (MEPC) of the International Maritime
French shipping group CMA CGM has reported $567 million in profit in the third quarter of 2020 amid a “marked recovery” in container volumes. CMA
By Shipping Australia – Shipping Australia is very concerned about the ongoing crisis caused by a lack of crew changes. Hundreds of thousands of people
By Ellen Wulfhorst NEW YORK, Nov 19 (Thomson Reuters Foundation) – Tributes to victims of the transatlantic slave trade can be found in museums and
The International Maritime Organization’s Marine Environment Protection Committee (MEPC) met virtually for its 75th session this week to consider (and
LONDON, Nov 20 (Reuters) – The United Nations shipping agency on Friday approved a ban on the use of heavy fuel oil in the Arctic region in a
By Devika Krishna Kumar, Olga Yagova and Noah Browning NEW YORK/MOSCOW/LONDON, Nov 19 (Reuters) – China, the global oil market’s lifeline this
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest container shipping company says trade relations between
SINGAPORE, Nov 18 (Reuters) – Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe,
By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules
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