US private equity firm KKR & Co. and Japanese shipping company Mitsui OSK Lines Ltd. are among bidders for bulk liquid storage company LBC Tank Terminals, people with knowledge of the matter said.

The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023, according to Oslo-based freight benchmarking and market...

The U.S. Coast Guard has issued a new cybersecurity directive targeting Chinese-manufactured ship-to-shore cranes, addressing mounting concerns over national security vulnerabilities in America’s maritime infrastructure. MARSEC Directive 105-5 establishes additional...

Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid biofuel, fuel testing agency CTI-Maritec said in an advisory on Thursday.

Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to have anything more than a marginal impact on pricing.

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.

The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban on the Netherlands-flagged general cargo ship Marsgracht, prohibiting its entry into Australian ports. The action comes in response to recurring...

The UK’s sanctions enforcement agency said it has identified cases where falsified documents are being used to evade a Group of Seven price cap on Russian oil exports.

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a staggering 164% increase from the...

Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This landmark authorization enables Seaspan to conduct ship-to-ship LNG bunkering for...

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher container freight rates. The company’s performance not only...

The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers. The Maritime and Coastguard Agency (MCA) and Lloyd’s Register have issued...