CMA CGM Expects 15% Contraction in Second Quarter
By Antonio Vanuzzo and Tara Patel (Bloomberg) –There will be little change to global supply chains in the aftermath of the coronavirus, at least in the
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
By Antonio Vanuzzo and Tara Patel (Bloomberg) –There will be little change to global supply chains in the aftermath of the coronavirus, at least in the
By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of
By Brendan Murray (Bloomberg) — The U.S. economy is unlikely to snap back quickly and may not return to normal until 2021, according to the chief of one
HOUSTON, June 7 (Reuters) – Tropical Storm Cristobal on Sunday slowed its advance through the Gulf of Mexico, bringing a coastal storm surge, high winds
The U.S. Coast Guard medevaced a crew member of a Maersk containership who sustained burns in some kind of engine room explosion approximately 275 miles off
By Jordan Fabian and Jenny Leonard (Bloomberg) –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified
By Jonathan Saul, Lisa Baertlein and Sonya Dowsett LONDON/LOS ANGELES/MADRID, June 5 (Reuters) – The $1 trillion container shipping industry is in a
PARIS, June 5 (Reuters) – CMA CGM expects activity in the shipping sector to bottom out during the second quarter as countries emerge from
HOUSTON, June 5 (Reuters) – A Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on
Salvatore R. Mercogliano, Ph.D. – June 5, 2020 marks the centennial of the Merchant Marine Act of 1920, commonly referred to as the Jones Act.
By Will Mathis (Bloomberg) — The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that
Several fire fighters have been injured while responding to a fire on board a vehicle carrier off Blount Island in Jacksonville, Florida. Coast Guard Sector
Salvors in Brazil have refloated the stricken Stellar Banner more than three months after the VLOC ran aground. The refloating comes following the removal
The Australian Transportation Safety Bureau is highlighting the importance of applying existing safety management procedures after a containership’s crew
By Erwin Seba HOUSTON, June 4 (Reuters) – As oil and gas companies began shutting offshore production before the first tropical storm of the season in
By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and
By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled
By Patricia Zengerle and Timothy Gardner WASHINGTON, June 3 (Reuters) – U.S. senators will announce a bill this week expanding sanctions on
The 24,000 TEU-class HMM Algeciras arrived in Rotterdam today setting a new record as the largest ship to enter a European port. The ship arrived at
At least 86 people have tested positive for COVID-19 on board a U.S.-flagged fishing trawler now docked in Seattle, Washington. American Seafoods Company
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