China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed late Monday, as the South American country could ship more cargoes owing to better weather conditions.China, the world's top soybean buyer…
Australia's exports fell A$4 billion ($2.61 billion), or 12%, in April from record highs the previous month even though demand for resource commodities, mainly iron ore and gas, remained strong, preliminary data showed on Monday.Driving the decrease was a A$1…
A Singapore-flagged containership lost at least 40 containers overboard in heavy seas off the coast of Sydney, the Australian Maritime Safety Authority (AMSA) said.Just after 6:10 a.m. Sunday, the APL England experienced a temporary loss of propulsion and began rolling heavily…
Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year…
In recognition of National Maritime Day, held on May 22 each year, President Donald Trump issued a proclamation honoring the U.S. maritime industry. The full text is below.Since the founding of our great Nation, we have relied on merchant mariners…
This week marked the start of new leadership at Chesapeake-based Fincantieri Marine Systems North America, as Ryan W. Smith assumed the position as CEO for the company.Smith brings over 15 years of experience in program management and engineering roles with Northrop Grumman and BAE Systems…
This Memorial Day, as we rightfully honor the military men and women who gave their lives winning and protecting our freedoms, let us not forget an often-overlooked remembrance for the thousands of U.S. merchant mariners who also died serving our country in their own selfless ways…
Arthur F. Mead, Vice President and Chief Counsel at Crowley Maritime Corporation, has been elected Chairman of the American Waterways Operators (AWO), succeeding outgoing Chairman Scott Merritt, former Chief Operating Officer with Foss Maritime Company…
Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said.Bahri issued…
Israel appears to be behind a cyberattack earlier this month on computers at Iran’s Shahid Rajaee port that caused massive backups on waterways and roads leading to the facility, the Washington Post reported on Monday.Citing unnamed U.S. and foreign government officials…
A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said.Beijing said on Monday it would apply an 80…
Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe. This is a rare occurrence that has developed in the wake of…
The U.S. Federal Maritime Commission (FMC) said it will initiate an investigation into whether ballast water regulations proposed by the Government of Canada discriminate against U.S. flag vessel operators in the Great Lakes and St. Lawrence River…
As we continue to contemplate a future with ships transitioning to automated and autonomous operations, the need for new and innovated crew training will only increase. Our current and future ship crews will need to straddle both new and existing vessel operation technology…
In an alert that appeared aimed squarely at Iran, the U.S. Navy issued a warning on Tuesday to mariners in the Gulf to stay 100 meters away from U.S. warships or risk being “interpreted as a threat and subject to lawful defensive measures.”The notice to mariners…