CMA CGM’s Earnings Skid on Red Sea Disruptions, Weak Demand
By Gaelle Sheehan and Michal Aleksandrowicz Feb 23 (Reuters) – CMA CGM, one of the world’s largest container shipping groups, said on Friday
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By Gaelle Sheehan and Michal Aleksandrowicz Feb 23 (Reuters) – CMA CGM, one of the world’s largest container shipping groups, said on Friday
By Daphne Psaledakis and David Brunnstrom WASHINGTON/LONDON, Feb 23 (Reuters) – The U.S. on Friday issued sweeping
By Lisa Baertlein Feb 22 (Reuters) – Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher,
The U.S. Justice Department has charged four foreign nationals related to the U.S. Navy’s seizure of Iranian-made weapons from a dhow in Arabian Sea
The Australian Maritime Safety Authority (AMSA) has banned the Liberian-flagged bulk carrier, KMAX Leader, from entering Australian ports for 12 months over
President Biden has signed an Executive Order that amends Regulations related to the Safeguarding of Vessels, Harbors, Ports, and Waterfront Facilities in the
The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential
By Jonathan Saul and Nayera Abdallah DUBAI/ADEN/LONDON, Feb 22 (Reuters) – Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a
The Panama Canal Authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects over the next five
American Queen Voyages, a leading U.S. river cruise company, is shutting down operations as parent Hornblower Group announces a deal to reduce debt. Hornblower
The International Chamber of Shipping (ICS), representing over 80% of the world’s shipowners and operators, has launched a set of industry principles in
By Alex Longley and Jack Wittels (Bloomberg) — A boom in Scottish diesel imports offers a glimpse into the country’s future energy security ahead of
The White House has announced plans to issue an Executive Order enhancing the security of the nation’s ports in a bid to bolster national security, in
By Jonathan Saul LONDON, Feb 21 (Reuters) – A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by
Feb 21 (Reuters) – Russia’s agriculture minister said late on Tuesday that Moscow had completed its initiative of shipping 200,000 metric tonnes
HOUSTON, Feb 20 (Reuters) – Trinidad and Tobago has hired two remediation and salvage firms to help clean up an ongoing oil spill off Tobago
By Jonathan Saul, Mohamed Ghobari and Renee Maltezou LONDON/ADEN/ATHENS, Feb 20 (Reuters) – The Greek-flagged bulk cargo vessel Sea Champion arrived in
Netherlands-based Chemship has launched its first ship equipped with wind-assisted propulsion. The MT Chemical Challenger will operate on Chemship’s
By Paul Burkhardt (Bloomberg) — A ship transporting 19,000 cattle has raised concerns over the condition of the animals onboard, along with complaints
The French Navy on Tuesday shot down two drones launched from Yemen towards the Red Sea. The French Navy has two frigates deployed in the Southern Red Sea and
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