Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping data on LSEG and Kpler showed…
Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries…
The United States has charged seven Chinese executives and four of the world's largest shipping container companies with conspiring to restrict supply, raising the price of containers during the COVID pandemic, Department of Justice officials said on Tuesday…
U.S.-flag shipping on the Great Lakes lost a total of 1,953 hours or 82 ship days due to inadequate icebreaking, about a third of the shipping season on the Great Lakes.It took 96 hours after the Soo locks opened for the year for the first vessel loaded with iron ore to finally clear the St…
Vesselindex has released its annual Performance Report, providing an independent assessment of how listed dry bulk companies perform relative to peers and the broader market in terms of Time Charter Equivalent (TCE) earnings.The report covers…
A long-running dispute over container detention charges between Evergreen and a U.S. trucking company has been resolved, with a federal appeals court siding squarely with the regulator and reinforcing limits on when carriers can impose such fees…
The Maritime and Port Authority of Singapore (MPA) has selected six partners under its Call for Proposals (CFP) to advance and scale up in-water hull inspection and cleaning solutions in the Port of Singapore, in support of more efficient and lower-emission shipping…