Shipping

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

Mediterranean Shipping Company (MSC) has maintained its dominant position in the container shipping industry through an unprecedented buying spree of

COSCO SHIPPING Development, a subsidiary of China state-owned COSCO Group, has announced a landmark agreement for the investment, construction, and leasing of

The container shipping industry reported a significant profit increase in the second quarter of 2024. According to John McCown’s quarterly report on

Classification society DNV has awarded Wallenius Wilhelmsen its first biofuel insetting verification statement in recognition of the company’s use of

SINGAPORE, Sept 4 (Reuters) – Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a

Norwegian authorities have successfully managed a potential maritime crisis involving the cargo ship RUBY, which sought emergency port in Tromsø harbor due to

(Bloomberg) — Global merchandise trade is recovering from last year’s slump, the World Trade Organization said, as one of its barometers for activity

By Malte Humpert (gCaptain) – Hong Kong-flagged and owned container ship NewNew Star has become the largest non-ice class box ship to travel across the

The U.S. Government Accountability Office (GAO) has released a new report highlighting significant challenges faced by the U.S. Coast Guard in its Arctic