September 18, 2020
US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head to...
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The Wire
September 18, 2020
The Baltic Exchange’s main sea freight index rose on Thursday, buoyed by stronger rates across vessel segments. (more…)
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September 18, 2020
The trade rift with China and a boost in e-commerce are changing the way cargo comes into the U.S., with a greater share of goods...
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September 18, 2020
US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and the Trump administration will keep up pressure on the global...
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September 18, 2020
To decarbonise maritime transport, European Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System. (more…)
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September 18, 2020
As the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on...
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September 17, 2020
Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping...
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September 17, 2020
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through a separate wholly-owned subsidiary, a...
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September 17, 2020
Carnival Cruise Line announced the sale of Carnival Fascination and Carnival Imagination, which had previously been put on long-term lay-up status and removed from published...
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September 17, 2020
Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the owner of the stricken oil supertanker New Diamond for assistance given to...
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September 17, 2020
Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of liquefied natural gas. (more…)
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September 17, 2020
South Korean shipbuilder Hyundai Samho Heavy Industries Co Ltd said it had delivered the world’s first very large container ship powered by liquefied natural gas...
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September 17, 2020
Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its seaborne...
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September 17, 2020
Global bunker fuel demand is expected to decrease significantly in 2020 reflecting the impact of the coronavirus pandemic, with tough market conditions amplifying credit risks...
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September 17, 2020
The Baltic Exchange’s main sea freight index fell on Wednesday, pressured by a dip in capesize vessel rates. (more…)
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