Shipping

The M/V Tutor appears to have sunk after it was struck in the stern last week by an unmanned surface vessel in the Red Sea. The sinking marks the

The SS United States, America’s sole remaining historic ocean liner, is under threat of eviction from a Philadelphia pier following a recent court

The manager of the seized car carrier Galaxy Leader is renewing its plea for the release of 25 crew members held hostage by Houthi militants on board the

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions on two individuals, including a tanker master, and

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

By Georgina McCartney HOUSTON, June 17 (Reuters) – Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden

(Bloomberg) — The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling

The Port of Savannah has witnessed significant growth in container volumes due to a strengthening retail market and an influx of new customers. In May, the

V.Group, a leading ship management and maritime service provider, has been bought by a consortium led by European investment fund manager STAR Capital. Other

COPENHAGEN, June 17 (Reuters) – Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying Russian oil through the Baltic

CAIRO, June 16 (Reuters) – Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red

CAIRO, June 16 (Reuters) – The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday a vessel 40 nautical miles south of al Mukha in

CAIRO, June 16 (Reuters) – The U.S. Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the Liberian-flagged,

By Alex Longley Jun 15, 2024 (Bloomberg) –A ship that was abandoned after being hit by a drone in the Red Sea is slowly taking on water, with two

CAIRO, June 15 (Reuters) – The United Kingdom Maritime Trade Operations (UKMTO) said on Saturday the crew of a Palau-flagged cargo ship had

By David Shepardson WASHINGTON, June 14 (Reuters) – U.S. President Joe Biden on Friday issued an executive order formalizing a White House

By Neil Jerome Morales and Jonathan Saul MANILA/LONDON, June 14 (Reuters) – The crew of a Greek-owned vessel damaged in an attack by Yemeni

LONDON/NEW DELHI, June 14 (Reuters) – Russian oil exporters are charging more for their oil in major market India than at any time since the

(Bloomberg) — The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with

Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta.