DSME wins $422 million order for 2 LNG carriers for Oceanian shipping firm
Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) said Thursday that it has clinched a 595.9 billion-won ($422 million) order to build two liquefied natural...
Category : Freight
India set to skip buying Russia’s ESPO crude in Sept as freight costs jump
Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates, turning to Africa and the Middle...
FedEx to Raise Shipping Rates by 6.9% as It Combats Slowdown
Updated Sept. 22, 2022 4:21 pm ET Listen to article (2 minutes) FedEx said it plans to raise shipping rates by an average of 6.9%...
19 retailers committed to zero-carbon shipping fuels by 2040
Cargo Owners for Zero Emission Vessels (COZEV) announced Thursday it gained 10 new retailers, bringing the total number of companies committed to switching all of...
Dutch Safety Board Investigates “Increasing Congestion” Caused by Wind Farms and Shipping in North Sea
The Dutch Safety Board says it has initiated an investigation into the “increasing congestion” caused by wind farms and shipping in the North Sea. The...
Shipping rates tumble 50%, making tyre imports more competitive
Plummeting shipping rates mean prices of non-European imported tyres could drop. The Covid-19 pandemic led to unprecedented increases in shipping costs. Inevitably this...
Tiny Coos Bay positions itself as an answer to global freight bottlenecks
Lots in the north point of Coos Bay were once piled high with lumber, as ships waited by the docks to take wood products overseas....
Avoid Shipping Fees: Easy Tips and Tricks to Help You Pay the Least
Have you ever changed your mind at the online checkout after realizing there was a shipping fee that you didn’t want to pay? I’ve done...
Silk Road Maritime important bond for boosting “dual circulation”
Since its launch by east China’s Fujian Province in 2018, Silk Road Maritime has been showing strong development momentum and resilience, becoming an important link...
SATS in “ongoing discussions” over potential WFS acquisition
Singapore-based handling company SATS has confirmed it is in “ongoing discussions” regarding a potential acquisition of cargo handler Worldwide Flight Services (WFS). SATS said in...