The State of California is proposing to invest $2.3bn in ports, supply chain infrastructure, decarbonisation and related training.

German cruise shipbuilder, MV Werften, filed for bankruptcy at noon local time yesterday afternoon.

Clarkson’s cross-sector ClarkSea Index hit a 13-year high in 2021, climbing to $28,700 a day, more than twice the $13,697 ten-year average, the shipbroker has revealed.

The Baltic Exchange and TradeFlow Capital Management have completed a pilot escrow transaction on a commodities trade between China and India.

Container lines are awash with cash as profits hit levels never previously even dreamt of, so what are they doing with all this money?

The British International Freight Association (BIFA) has called for the UK government to investigate the state of competition in the deep-sea container market.

Hapag-Lloyd has signed an agreement to use NCB’s Hazcheck Detect cargo screening tool to detect misdeclared and undeclared dangerous goods in containers.

A series of new regulations and a more business-friendly environment in the UAE is likely to provide a pull for shipping companies looking to set up or expand within the region.

Idan Ofer’s Eastern Pacific Shipping (EPS) is a cornerstone investor in a Tor Olav Troim’s Golar LNG spin-off Cool Company that will own eight TFDE LNG carriers.

Finance for oil-related transport and storage is becoming harder to pin down, according to Knut Mathiassen, a leading finance lawyer and head of Ince Consultancy in Abu Dhabi.