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[Watch] How Shipping Containers Control Global Trade
Container shipping is responsible for moving 90% of the world’s goods, according to the World Economic Forum.
But, if shipping containers aren’t at the right...
ABS & HD Hyundai Sign MoU to Develop International Naval Ships
ABS and HD Hyundai Heavy Industries (HHI) signed a memorandum of understanding that opens the door for joint development projects to develop international naval...
Diana – ASL Inks Time Charter Contract
Diana Shipping Inc. (NYSE: DSX), (the “Company”), through a separate wholly-owned subsidiary, has entered into a time charter contract with ASL Bulk Shipping HK...
Top New Year’s Shots from Around the World
Fireworks explode over the Arc de Triomphe monument as part of New Year celebrations on January 1, 2017 in Paris. (AFP PHOTO / LIONEL...
China–US Vessel Traffic Drops Amid Tariff Tensions
Commercial vessel traffic from China to the US fell 27% in April 2025 due to rising reciprocal tariffs.
China significantly reduced LNG and...
Maersk – The Vertical Consolidation Bluff
Hardly a day goes by when the risk of the ocean carriers invading the freight forwarding space, one way or another, seems to become...
[Watch] 1,000-foot Freighter Freed from Icy River
The U.S. Coast Guard responded to -- and freed -- a 1,000-foot freighter stuck in the icy St. Mary's River this weekend.
On January 15,...
Europe Boosts Crude Imports as West African Supply Surges
Dirty Tanker Market Slumps Amid Shorter Oil Routes to Europe.
WTI Loses Ground to African Crude in European Market Shift.
Tanker Sanctions and...
cFlow Reports a Boost in Weekly US Coal Ship Departures
US Gulf Coast coal departures rise five on week, reports Platts.
US coal ship departures
Gulf carrier departures reach five-week high Weekly US coal ship departures...
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Russia Switches Flag To Escape Sanctions
According to BIRN, a Russian-flagged oil tanker that has been trapped off the Greek island of Evia since April 8 has changed flags, most...
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Cargo Ship Engine Room Blast Injures Crew
On August 22, there was a reported engine room explosion aboard a product tanker WEICHSELSTERN, which was anchored on Neue Weser Anchorage, north of...
Maersk To Post Better Revenue In Q4 and How?
Shipping group Maersk (MAERSKb.CO) on Friday posted better than expected fourth-quarter revenue and earnings, fuelled by record freight rates for container shipping.
A fall in...
Piracy And Armed Robbery Increases By 18% In The First Six...
ReCAAP ICS has released a report for the first half of the year (January – June 2015) on the infographics and data of the...
