Shipping

Product tanker operator TORM has agreed to acquire agreed to acquire eight second-hand Medium Range (MR) tankers for $340 million. Delivery of these vessels is

By Alex Longley and Paul Burkhardt (Bloomberg) –Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has

(Bloomberg) — Gunvor Group will send a supertanker loaded with North Sea Forties crude to Asia after the trading house amassed a large volume of

A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more

By Malte Humpert (gCaptain) – The U.S. intends to create an Icebreaker Collaboration Effort (ICE) with Canada and Finland to overcome challenges of

The monthly inbound cargo volume at major U.S. container ports continues to rise despite a multiple supply chain challenges, according to the Global Port

By Gavin van Marle (The Loadstar) – Spot freight rate levels on the major east-west container trades this week remained flat, as the third-quarter peak

July 11 (Reuters) – A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday,

A coalition of leading shipping trade associations has issued a joint policy statement urging changes to the International Maritime Organization’s (IMO)

KYIV, July 11 (Reuters) – Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the captain on suspicion of

By Malte Humpert (gCaptain) – The U.S. sanctions regime continues to curtail Russia’s flagship LNG project.  Days after Chinese company Wison New

A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM

Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research.

The landscape of offshore wind generating capacity in the United States is undergoing significant changes following the cancellation of two major projects in

The International Maritime Organization (IMO) has announced the recipients of the 2024 IMO Award for Exceptional Bravery at Sea award, the highest recognition

U.S. container import volume remained strong in June 2024, with volumes increasing by double-digits compared to the same month last year, according to

(Bloomberg) — From the frigid waters of Russia’s Baltic Sea to the Pacific shores of Vladivostok, dozens of tankers that previously moved Moscow’s

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released

Saltchuk Resources, Inc. has successfully completed its tender offer to acquire all outstanding shares of Overseas Shipholding Group, Inc. (NYSE: OSG) for

An articulated tug and barge struck a known underwater rock near Kodiak, Alaska, last year, resulting in grounding and $1.4 million in damages, the National