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2 mins read

The CEO of world's biggest shipping company warned of the 'biggest drop in demand on record' as coronavirus batters global trade

The world's biggest shipping company, Maersk, cancelled more than 90 sailings, equivalent to 3.5% o…

Saloni Sardana   


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1 min read

This cargo-ship concept is powered by gigantic wings and wants to reduce emissions by 90% — check out 'Oceanbird'

Shipbuilder Wallenius Marine teamed up with Stockholm's Royal Institute of Technology, maritime con…

Tim Levin   


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2 mins read

The global shipping crisis and labor shortages may get worse because of the slow vaccine rollout for seafarers, say experts

Seafarers aren't getting vaccinated fast enough, which is leading to outbreaks on vessels. This is …

Zahra Tayeb   


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1 min read

This Huge Zeppelin Could Revolutionize The Shipping Industry

The Aeroscraft is the product of Worldwide Aeros Corp., founded by Igor Pasternak, a Ukrainian who …

Alex Davies   


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2 mins read

One chart shows the dramatic drop-off in ship tracking data from China. This could be a sign of a worsening global supply chain crisis.

The number of AIS signals from ships in Chinese waters has plunged 85% in under a month, according …

Huileng Tan   


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1 min read

World's largest shipping company says demand will decline for rest of 2020

The gloomy prediction comes as Maersk, the Danish shipping giant, topped its own forecast for secon…

Evan Sully   


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2 mins read

More than 1 million seafarers are trapped working on cargo ships around the world due to the coronavirus

Many sailors are working seven days a week because their ships are not being allowed to dock during…

James Pasley   


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2 mins read

These 2 charts show why the shipping industry might be screwed

Short of a miraculous uptick in worldwide demand for goods, analysts say the only course of action …

Matthew Nitch Smith   


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1 min read

WATCH: How the Ever Given finally made it through the Suez Canal

The giant container ship that was blocking the Suez Canal for nearly a week finally made it through…

Samara Abramson,Adam Miller,H…   


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5 mins read

AI, autonomous systems, and digital connectivity could help ships cut emissions

AI, autonomous systems, and digital connectivity could help the maritime shipping industry catch up…

Amanda Paule   


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4 mins read

Kevin Shalvey   


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5 mins read

How Y Combinator-backed Seabound is using carbon-capture tech to tackle the shipping industry's problematic emissions

Shipping accounts for about 3% of global greenhouse-gas emissions. Seabound believes its tech can p…

Tasmin Lockwood   


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3 mins read

The director of one of the largest ports in the US warns the shipping industry is in 'crisis mode' as 66 cargo ships float off the California shore

A historic backlog of cargo ships stuck off the California coast has spurred shortages and price hi…

Grace Kay   


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1 min read

Deutsche Bank stands to make $1 billion on a single long-shot trade involving a distressed Israeli shipping company, report says

As shipping costs skyrocketed in late 2020, Zim Integrated Shipping Services saw its business take …

Ethan Wu   


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1 min read

Dozens of cargo ships stuck waiting off New York's coast amid port staff shortages and surging demand for goods

Increased demand for goods, coupled with the labor shortage, is causing shipping disruptions in New…

Zahra Tayeb   


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2 mins read

Photos shows luxury cruise ships being broken up at a dock in Turkey as the coronavirus pandemic continues to wreck the industry

The cruise industry has been decimated by COVID-19 after multiple outbreaks occurred at sea and the…

Sophia Ankel   


Azmi Haroun   


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2 mins read

Maersk settles case with 'Midshipman X,' whose allegation of rape at sea roiled the shipping industry

Hope Hicks' allegations that she was raped as a cadet aboard a Maersk ship set in motion an industr…

Mia Jankowicz   


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3 mins read

Experts say the shipping industry's 'moral sanctions' against Russian trade are unlike anything 'in the history of mankind'

In the notoriously ruthless shipping and commodities industries, companies are avoiding all busines…

Hannah Towey   


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3 mins read

Don't wait to start your holiday shopping: experts are expecting shipping delays, low inventory, and fewer last-minute deals

For last-minute holiday shoppers, this year's shopping season may post unprecedented challenges whe…

Avery Hartmans