Shipping

By Sheela Tobben and Lucia Kassai (Bloomberg) — Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the

Ontario, Canada-based Algoma Central Corporation has been fined $500,000 after pleading guilty to dumping wastewater into Lake Ontario, the U.S. Justice

ISMAILIA, Egypt, April 15 (Reuters) – Two crew members aboard the cargo vessel that blocked global shipping in the Suez Canal last month will be

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and

By Erica Yokoyama and Tsuyoshi Inajima (Bloomberg) — Some of the biggest industrial companies in Japan are working on a project that could trigger a

The Panama Canal Authority (ACP) will postpone its planned price hike on transit booking fees which were due to come into effect tomorrow. The ACP made the

A Maersk containership has berthed in Long Beach, California more than a month after its engine broke down the middle of the Pacific Ocean. The MV Maersk

WELLINGTON, April 14 (Reuters) – New Zealand will cease the export of livestock by sea following a transition period of up to two years, Agriculture

By Andres Guerra Luz and Isis Almeida (Bloomberg) — Net bullish wagers on rising commodity prices fell to the lowest since December last week, raising

By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged

By Mike Wackett (The Loadstar) – After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner

A dry bulk shipping exchange traded fund (ETF) has emerged as the top performing ETF in the first three months of 2021, reflecting a strong turnaround for

Greek shipping magnate John Angelicoussis passed away on Saturday after suffering a heart attack last month, his family has confirmed. “It is with great

By Jonathan Saul and Carolyn Cohn LONDON, April 8 (Reuters) – Reinsurers are set to foot most of the bill for the grounding of the ship that

By Mike Wackett (The Loadstar) – There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the

By Clyde Russell LAUNCESTON, Australia, April 9 (Reuters) – China is paying a high price for its unofficial ban on coal imports from Australia, with the

By Brendan Murray (Bloomberg) — Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of

French shipping line CMA CGM says it will purchase 12,000 tonnes of biomethane fuel as part of the company’s plan of becoming carbon neutral by 2050.

By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES, April 8 (Reuters) – A backlog of container ships carrying consumer goods has grown in some key

Federal Maritime Commission held a virtual meeting Wednesday discuss developments in the ongoing fact finding investigation into challenges facing the ocean