Global oil market fundamentals will likely remain tight over the coming year as oil demand continues to build after having mostly fully recovered to...
Competition is heating up among shipbuilders in Korea, China, and Japan to develop ammonia-powered ships amid growing demand for eco-friendly vessels. Ammonia is an...
All-inclusive container shipping rates held steady in the week to Nov. 12 as carriers were reluctant to offer further discounts as demand remained strong...
German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport...
Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
