Shipping

The Gemini Cooperation Agreement between shipping giants Maersk and Hapag-Lloyd took effect on Monday, signaling a major shift in the global maritime industry.

(gCaptain) – Over the past 2½ years, the tanker market has received much attention and brought good fortune to investors who jumped aboard following the

Washington State Ferries (WSF) has terminated the sale agreements for two decommissioned vessels, the Elwha and Klahowya, due to the buyer’s failure to

Container shipping lines Ocean Network Express (ONE), HMM, and Yang Ming Marine Transportation have announced the formation of a new alliance named

U.S. container ports are anticipating a surge in volumes this month as retailers prepare for the holiday season amid concerns of a possible labor strike at

The Australian Government has announced a request for tender for vessels to participate in its Strategic Fleet Pilot program, a five-year initiative aimed at

(Bloomberg) — A sanctioned Russian liquefied natural gas export facility is sending a shipment to Asia for the first time, as Moscow continues a search

Oslo-based Höegh Autoliners ASA has announced the sale of its vessel Höegh New York for $60.6 million, as part of its fleet optimization strategy. The 6,500

By Malte Humpert (gCaptain) – In a risky move aimed at overcoming Western sanctions Russian LNG producer Novatek dispatched the non-ice class LNG carrier

By Brian K. Sullivan and Tarso Veloso Sep 7, 2024 (Bloomberg) —Drought across the central US is shrinking the Mississippi River, sending barge rates

(Bloomberg) — Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will

SINGAPORE, Sept 6 (Reuters) – The United States has imposed sanctions on hundreds of entities and individuals for supporting Russia’s war effort in

The MV Canopée, the world’s first hybrid propulsion commercial cargo vessel, made its inaugural U.S. visit to Port Canaveral, delivering a crucial

The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice.

By Gavin van Marle (The Loadstar) – The steady decline of container spot freight rates between Asia and Europe turned decidedly steeper this week, with

California’s legislature has approved Assembly Bill 1122, a significant step towards improving mariner safety and port operations stability on the

BENGHAZI, Sept 5 (Reuters) – Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to

By Malte Humpert (gCaptain) – Just days after sanctioning seven LNG carriers associated with Russia’s flagship liquefied gas project, Arctic LNG 2, the

TELDE, Sept 5 (Reuters) – An oil spill off the Spanish island of Gran Canaria forced local authorities to close several beaches in the popular holiday

Shipping giant Maersk, the world’s second-largest liner operator, says it will continue to avoid trade routes through the Red Sea until safety of its