By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES, April 8 (Reuters) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near...
By Alessandra Prentice and Christophe Van Der Perre (Reuters) – Hundreds of miles from the nearest shore, ribbon-like fronds flutter in the ocean currents sweeping across an underwater mountain plateau the size...
At the start of the COVID-19 pandemic, thousands of mariners were stuck at sea aboard thousands of ships worldwide. Most of those ships continued to operate throughout the crisis and...
Federal Maritime Commission held a virtual meeting Wednesday discuss developments in the ongoing fact finding investigation into challenges facing the ocean transportation supply chain system and possible Shipping Act violations...
By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just...
A salvage team was successful in securing a tow line to the Eemslift Hendrika and the vessel is now under tow to Ålesund, the Norwegian Coastal Administration has confirmed. At...
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An Antarctic resupply vessel chartered by the Australian government suffered a fire in one of its two engine rooms while returning from a mission to the frozen continent. The ice-strengthened...
By Mike Wackett (The Loadstar) – Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but are expected to have significantly topped that record...
By Isis Almeida, Rachel Graham and Annie Lee (Bloomberg) — For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for...
By Jonathan Levin and Molly Smith (Bloomberg) — Carnival Corp.’s bookings are accelerating, reflecting pent-up demand for cruising even as the industry remains essentially on hold. In a quarterly update Wednesday,...
By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...
By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports running ahead of shipments to overseas customers....
DUBAI, April 7 (Reuters) – Iran’s Foreign Ministry said on Wednesday an Iranian ship, the Saviz, had been attacked in the Red Sea, a day after media reports that the...
By Chen Lin (Reuters) – Singapore currently accounts for a third of the world’s cruises its tourism body said on Wednesday, owing to the roaring success of its “cruises to...
A Dutch-registered containership was doing circles in the North Sea off the Wadden Islands after the ship’s rudder apparently got stuck. The Netherlands Coastguard says it spotted the ship about...
By Mike Wackett (The Loadstar) – The main container ports in North Europe were eerily quiet at the weekend, due to the almost week-long blockage of the Suez Canal by the Ever Given....
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In the United States, we have a problem that’s so BIG and obvious that even Elon Musk can’t see it. Our highways are broken, our streets are clogged with traffic,...
CAIRO, April 6 (Reuters) – An Iranian cargo ship has come under attack in the Red Sea, Al Arabiya TV reported on Tuesday, quoting unnamed sources, and semi-official Iranian news...
A 366-meter containership belonging to MSC Mediterranean Shipping Company has broken down in the Pacific Ocean after reporting a fuel quality issue and the ship is now under tow to...
In the wake of the Ever Given mega-ship grounding in the Suez Canal last month countless people have asked us what lessons will be learned from this to prevent maritime...
South Carolina Ports handled the most cargo in its history in March, with the Port of Charleston handling record volumes as the new Hugh K. Leatherman Terminal begins operations. SC...
