Shipping

By Mike Wackett (The Loadstar) – The transpacific mid-April GRIs (General Rate Increase) imposed by carriers, ahead of the finalisation of annual

Zeus Lines Management S.A. (Zeus), a vessel operating company has pleaded guilty to multiple crimes relating to the discharge of oily bilge and a hazardous

MOSCOW, May 4 (Reuters) – Russia is expected to increase seaborne oil exports from its western ports this month to a four-year high to meet

Global shipping giant A.P. Moller-Maersk is reportedly selling its stake in The Metals Company (TMC), a leading deep-sea mining firm, as the legal process to

The first quarter of 2023 saw a decline in seafarers’ happiness levels, as reported by the latest Seafarers Happiness Index (SHI) published by The

By Jacob Gronholt-Pedersen COPENHAGEN, May 4 (Reuters) – Shipping group Maersk on Thursday reported first-quarter earnings above expectations and

Leading tech-driven logistics platform, Flexport, has announced the acquisition of Shopify Logistics assets. The move will allow businesses to effortlessly

As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations. According to the world’s largest shipping association, BIMCO,

Maersk sets sights on managing costs as “strongest quarter of the year” comes to a close. Global shipping giant A.P. Moller – Maersk (Maersk)

By Sharon Cho and Bill Lehane (Bloomberg) — China’s recovery may be disappointing some oil bulls, but there’s one incontrovertible fact: the

CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping.

Philly Shipyard has announced a construction milestone with the keel laying for the third of five cutting-edge training vessels being built for America’s

By Verity Ratcliffe (Bloomberg) — Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the world’s

A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced $20.8 million in grant awards to 27 small shipyards across 20 states in

By Jack Wittels and Rodrigo Orihuela (Bloomberg) — A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency

By Jonathan Saul and Lefteris Papadimas ATHENS, May 3 (Reuters) – Greece issued a series of warnings to shipowners to avoid sailing close to

Iranian forces have seized another tanker in the strategically important Strait of Hormuz, marking the latest in a series of seizures and attacks by Iranian

Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth

US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking Mexico, the U.S. Midwest, and