Jinhui Continues Fleet Renewal with $23.5 Million Ultramax Sale
Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell one of its ultramax bulk carriers as it continues to streamline its fleet. The ...
Latest Shipping & Logistics News
10,887 articlesMaersk Halts Key Shipping Services, Suspends Gulf Shuttles Amidst Escalating Conflict
Global shipping giant Maersk has announced the temporary suspension of its FM1 and ME11 services, which connect the Far East and Middle East to Europe, citing t...
China Merchants Unit Orders LNG-Powered Yangtze Bulk Carriers
China Merchants Group is expanding its greener inland fleet, with subsidiary Changhang Freight (Zhoushan) contracting two LNG-powered bulk carriers at a domesti...
Hapag-Lloyd Adjusts Services Amid Middle East Conflict
Hapag-Lloyd is implementing temporary adjustments to its AGX, IMX, and IOS services due to the ongoing conflict in the Middle East. To maintain reliability and ...
MSC Launches Asia-Mediterranean Route to Iraq via Türkiye
MSC Mediterranean Shipping Company has introduced new logistics solutions for inland cargo destined for Iraq, promising competitive transit times from Asia thro...
Splash Wrap: Iran in Focus
Ships under attack, oil spills, soaring tanker rates, punishing bunker bills, 20,000 stranded seafarers, and 3,200 marooned vessels – these are just some of t...
VLCC Day Rates Surge Above Half-Million Dollars Amid Security Warnings
Amid soaring tanker rates, a US-led naval coalition has warned shipping that stationary vessels and ships on predictable routes are 'credible' targets for sabot...
Trump Administration Moves to Repeal Offshore Decommissioning Rule
The Trump administration is planning to eliminate a rule implemented during the Biden era that mandated certain oil and gas companies to set aside billions of d...
IUMI Monitors Marine Insurance Risks in the Persian Gulf and Red Sea Amid Security Concerns
The International Union of Marine Insurance (IUMI) has announced that the marine insurance sector is closely observing the evolving security situation in the Mi...
New Children's Book from Port of Long Beach Aims to Inspire Young Environmental Stewards
The Port of Long Beach this week debuted "Soleil the Sea Lion Explores the Green Port," a children's book penned by Art Marroquin, the port's media relations ma...
Chevron Selects Hanwha Ocean for Leviathan Platform Expansion
South Korean shipbuilding giant Hanwha Ocean has secured a significant contract from US energy behemoth Chevron to fabricate modules for the Leviathan field exp...
US Grants 30-Day Waiver for Russian Crude Shipments to India
The US Treasury has issued a narrowly targeted, 30-day sanctions waiver, permitting Indian refiners to accept Russian-origin crude and petroleum cargoes already...