Vogel's mission is expanding and strengthening the logistical backbone of a sustainable sail freight network of distribution, storage, transport, and fulfillment services.

Pembina and Marubeni will establish a large-scale low-carbon ammonia supply chain in Canada with access to Japanese and Canadian governmental support.

The Malaysian Maritime Enforcement Agency said it was investigating if the barge was involved in the looting of two WWII British shipwrecks in the South China Sea.

With more capacity from shipbuilders on the way, shipping companies have limited leverage in what’s become a buyers’ container market. 

Companies around the world must adopt new strategies to limit supply chain disruptions.

Through the first four months of 2023, the Port of Los Angeles processed over 2.5 million TEUs, a 29% drop-off compared to the first four months of 2022.

Ocean Network Express and Wan Hai Lines were fined for unwarranted container detention charges by the FMC.

Owners of newer ships are also doing well, getting high prices for old ships while benefiting from strong tanker rates.

Aggregated speed for the global LNG vessel fleet has declined, going from an average of about 14 knots for April in previous years, down to 13 knots in April 2023.

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.