Low Container Shipping Freight Rates Unsustainable, Says Hapag Lloyd CEO
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
LONDON, June 6 (Reuters) – The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a
The Panama Canal Authority (ACP) is closely monitoring the development of climatic events that could impact water availability in the region and shipping
By Laura Curtis and Jordan Fabian (Bloomberg) — Intermittent disruptions at several key US West Coast ports are set to stretch into their fifth day
One of the maritime industry’s most highly-anticipated trade shows, Nor-Shipping 2023, officially kicked off Monday with a series of high-profile events
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES, June 5 (Reuters) – Groups representing major retailers and manufacturers urged the White
Join the 88,224 members that receive our newsletter.
Have a news tip? Let us know.
With global shipping accounting for approximately 3% of greenhouse gas emissions worldwide, the public eye is increasingly turning on the industry to clean up
Ocean Network Express (ONE) has announced the successful delivery of their first-ever 24,000-TEU class “Megamax” vessel. The vessel, named ONE
The National Retail Federation, the world’s largest retail trade association, released a statement on Monday urging the Biden Administration to intervene
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a
Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding have signed a memorandum of understanding for a partnership on ammonia-fueled
By Mark Morrow (Australian Maritime Safety Authority) – The recent search for the crew of a Chinese ocean-going fishing vessel, the Lu Peng Yuan Yu 028,
SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more
U.S. and UK forces came to the aid of a merchant ship being harassed by Iranian fast-attack boats in Strait of Hormuz on Sunday. The incident highlights the
In this webinar, Cape Horn Engineering presents how Siemens CFD technology is used at the forefront of new designs for yachts, commercial ships and renewable
BERLIN, June 4 (Reuters) – Germany will send two warships to the Indo-Pacific in 2024, Defence Minister Boris Pistorius said on Sunday, amid
Check out our job section to look for qualified candidates or find your next dream job. Whether you are an employer or jobseeker we got you covered.
Employers Start Here Jobseekers Start HereBy Alicia Diaz and Laura Curtis Jun 4, 2023 (Bloomberg) –At least one terminal at the Port of Long Beach will be shut on Monday, seeming to extend
WASHINGTON, June 4 (Reuters) – A Chinese warship came within 150 yards (137 meters) of a U.S. destroyer in the Taiwan Strait in “an
CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,
ATHENS, June 3 (Reuters) – Police in northern Greece have seized dozens of packages of cocaine stashed in containers laden with bananas that
By Stephanie Baker (Bloomberg) –The US Treasury removed an abandoned $120 million Russian superyacht from its sanctions list, clearing the way for