The supertanker business has a reputation for being one of the most volatile freight markets in the world. It’s living up to its reputation again. “Supertankers stole the show,” said Clarksons Securities analyst Frode Mørkedal on Friday’s shipping rate action. Average...

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West Coast port management and the labor union representing port workers reached a tentative deal late on Wednesday after the intervention of California labor market pro and Biden acting Labor Secretary Julie Su in the negotiations in San Francisco, but it could be...

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CargoShare is a software solution that aims to bring innovation to the maritime industry by transforming the chartering procedure into a faster and more efficient experience. It provides a user-friendly interface that allows professionals to maintain their working...

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Asian spot liquefied natural gas (LNG) prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains as high temperatures in north-east Asia increased cooling demand. The average LNG price for August delivery...

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Shipping container rates from East Asia and China to the US pulled back after surging last week, West Coast ports and dockworkers reached an agreement on a new six-year deal, and trucking analysts said the spot market likely bottomed out in April, highlighting this...

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