Shipping

Cargill Aims To Boost Ships' Use Of Biofuel, Methanol To Cut Emissions

Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a seni...

West Not Honouring Commitment To Facilitate Russian Food Exports: Lavrov

Russia's Foreign Minister Sergei Lavrov said on Tuesday that the West was not honouring its promise to help Russian food and fertiliser exports r...

Hapag-Lloyd Spending Big Money On Fleet, Eyes Port Investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to exten...

Ascot, Marsh Insure Grain Ship From Ukraine's Black Sea Ports

Broker Marsh and Lloyd's of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine's B...

Eight-Day Strike Begins At The UK's Felixstowe Port

Workers at Felixstowe, the UK's biggest container port, commenced an eight-day strike action on Sunday, according to media reports.

Russia's New Crop Wheat Exports Stifled As Western Bank Wariness Bites

Exports of Russian wheat harvested this summer for the 2022/23 marketing season are unlikely to fulfil the potential offered by an expected record crop as...

Maersk Beats Q2 Revenue Expectations, Lifts 2022 Guidance

Shipping group Maersk has raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freig...

Lloyd's Insurers Preparing To Cover Ukraine Grain

Lloyd's of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the...