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October 3, 2024
Shipping shares fell across Asia Friday, after U.S. port operators and workers reached an agreement to end the strike at docks on the East Coast and Gulf Coast much sooner than expected. Evergreen Marine, Wan Hai Lines, and Yang Ming Marine…
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September 27, 2024
A White House official stated that the Biden administration is encouraging unions and employers to quickly and in good faith negotiate a new contract ahead of any possible strike on Tuesday at ports. The International Longshoremen's Association…
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September 27, 2024
Nearly 200 agricultural organizations urged the White House on Friday morning to address U.S. agriculture supply chain issues, in light of a possible East and Gulf Coast ports strike that could start on Tuesday. According to the groups, there are "imminent and serious shipping disruptions"…
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September 25, 2024
On Wednesday, agriculture groups urged the White House take action to prevent a possible strike that could start on October 1 at U.S. East Coast and Gulf Coast ports. These ports handle about half of the nation's ocean imports. The American Farm Bureau Federation and other groups…
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July 23, 2024
West, a UK ship insurer, said that it would be difficult to pay claims for ships involved with accidents or collisions involving other vessels insured by the sanctions-hit Russian Ingosstrakh. This is another indication of the difficulties with Moscow's oil trading.
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July 23, 2024
Spain's Merchant Fleet reported on Monday that Spanish authorities had detained a German cargo ship after it caused a spill while refuelling near the Spanish enclave Ceuta. It added that the owner of the Tony Stark-flagged ship, which is registered in Antigua & Barbuda…
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July 23, 2024
Authorities and a tanker operator reported that two large oil tanks caught fire after colliding on Friday near Singapore, which is the world's largest refuelling station. Two crew members were airlifted from the scene to the hospital, while others were rescued using life rafts.
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July 23, 2024
The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The GCMD started an 18…
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July 23, 2024
The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…
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July 22, 2024
European ports. Below are actions taken by some shipping business (in. The French shipping group has suspended most Red Sea trips. but is still sending out some cargoes on a case by case basis when. French navy escorts are possible, Chairman and CEO Rodolphe. Saade said on Feb. 29.