In a twist that has left Western policymakers scratching their heads, Russia’s economy has defied expectations and sanctions alike, growing at a rate that outpaces both the United States and...

SINGAPORE, Oct 28 (Reuters) – Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at...

Longer voyages around the Cape of Good Hope have provided unexpected benefits to seafarers on the front lines of global trade. The Mission to Seafarers’ latest Seafarer Happiness Index report...

The MV Ruby, a cargo ship carrying a significant amount of potentially explosive fertilizer, is set to dock at the Port of Great Yarmouth on Monday, October 28, Peel Ports...

By Elida Moreno and Marianna Parraga PANAMA CITY, Oct 25 (Reuters) – The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe...

WASHINGTON, Oct 25 (Reuters) – A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore’s Francis Scott Key Bridge in...

MOSCOW, Oct 25 (Reuters) – Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents....

Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight...

In a dangerous escalation of the Ukraine conflict, Russia has intensified strikes on key Black Sea ports, posing a critical threat to global food security and the international shipping industry....

(Bloomberg) — A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to China. Ceres I, an aging very-large crude carrier...

(Bloomberg) — Russia is facing a deficit of ice-class cargo vessels for its gigantic Northern Sea Route project as the nation cannot build the fleet on its own, according to...

Marseille-based CMA CGM Group and French utility SUEZ Group have signed a memorandum of understanding (MOU) to establish a long-term industrial partnership focused on renewable biomethane production. The collaboration aims to...