The New York Shipping Exchange announced it has closed a Series C funding round and launched a series of shipping rate indexes.
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Rates are still high and ships are still rerouting, but global supply chains appear to be adjusting to restricted Red Sea trade.
Two crew members died and another was injured after an early morning fire aboard a container ship at Port Houston.
Shipping containers are known for their long-term durability — here’s a closer look.
Authorities blame heavy seas off Australian coast for loss of medical supplies, household appliances and building materials
Some reports say crew killed Spirit of Hamburg mariner, while others point to an intruder.
Ocean carriers are deploying ever-larger box ships to drive down costs and emissions, but do the pros outweigh the cons?
News of a Japanese electric-powered oil tanker set green-hearts fluttering around the world. Electric marine craft will likely be a big thing in coastal markets but not in the long-haul trades.
Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation. But overall demand remains tepid as it lowered full-year revenue targets and reduced service in the trans-Pacific shipping market. ONE, the container ship joint venture of Japan’s largest shipping companies, made the forecast […]
In 2018, international shipping recorded the fewest number of casualties in 100 years, insurer Allianz reports. A disturbing truth about worrisome Wednesdays, and a curious incident involving cocaine-bearing sharks, were also revealed.
A more flexible shipping loan concept is good for borrowers and their clients, but may have limited scope.
Large ships may provide liner operators with economies of scale, but they are proving more expensive in the chartering market.
