Shipping

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

With International Maritime Organization targeting a 50% reduction in greenhouse gas emissions from ships by 2050, focus is shifting to which alternative fuels

By Mike Wackett (The Loadstar) – Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new

Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

By Jonathan Gilbert (Bloomberg) — Exporters in Argentina, the world’s biggest supplier of soy products, breathed a sigh of relief on Thursday as grain

The U.S. Secretary of Transportation, Elaine Chao, has announced her resignation following the events at the U.S. Capitol building on Wednesday. In doing so,

Norwegian ro-ro shipping company Wallenius Wilhelmsen says it will be returning ships from cold lay-up as market conditions improve. In response to the

Jan 7 (Reuters) – The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than

NYSE-listed Scorpio Bulkers has announced it intends to change its name to Eneti Inc. as the dry bulk shipping company sheds the bulk and transitions to the

U.S.-based Crowley announced the formation a new energy division that will focus on the emerging offshore wind and liquified natural gas sectors in the United

The U.S. Coast Guard’s sole polar icebreaker, USCGC Polar Star, has arrived in Dutch Harbor, Alaska as part of its unusual Arctic deployment. The

Jacob Ruytenbeek is Founder and CEO of SailPlan, a newly launched intelligent navigation platform for ships that promises to make seafaring safer and ship

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching

By Sangmi Cha SEOUL, Jan 6 (Reuters) – A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its

By Jacob Gronholt-Pedersen (Reuters) – High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in

The U.S. Coast Guard last week rescued a man from a disabled sailboat in the Caribbean Sea about 114 nautical miles from Puerto Rico with assistance from the

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which