Shipping

By Kevin Varley (Bloomberg) — A mass exodus out of East Asia seems unlikely for US manufacturers in 2023, with any decision to diversify supply chains

A 72-year-old Virginia man has pleaded guilty to two conspiracies to do business in Iran without obtaining the necessary licenses or permissions in violation

A dockworker at the Port of Long Beach has pleaded guilty to fraudulently billing his union’s health care plan for sexual services. Defendant Cameron

A UK ship pilot has died following an accident during pilot transfer in northern England’s Humber estuary. The accident took place January 8, 2023 while

A federal judge in Florida has ruled that a sex trafficking and forced labor lawsuit against Jacksonville-based Crowley can proceed. The judge also granted

Jan 12 (Reuters) – The Baltic Exchange’s main sea freight index on Thursday posted its worst day since the start of this year on lower demand

German liner operator Hapag-Lloyd has completed its acquisition of a minority stake in the Spinelli Group, one of Italy’s leading terminal and transport

By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European

New Jersey-based dredging and marine services specialist Weeks Marine has been acquired by Kiewit Corporation, a privately held construction company based in

San Francisco-based supply chain management and logistics company Flexport has announced it is slashing 20% of its workforce amid the slowdown in global trade.

Belgian tanker company Euronav is accusing rival Frontline of failing to provide a good reason for canceling their binding merger agreement and says it’s

By Karthikeyan Sundaram, Kevin Varley and Ann Koh (Bloomberg) — Prime Minister Narendra Modi’s goal of making India the world’s factory risks being

Europe’s warm and dry winter weather has decreased demand for LNG ships and a lack of snow could lower the spring water levels of major rivers like the

By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those

The numbers are in… U.S. container imports in December reveal an alignment with pre-pandemic levels, with U.S. East and Gulf Coast ports seeing the greatest

U.S. Representative Sam Graves (R-MO) has been selected to serve as Chairman of the Transportation and Infrastructure Committee in the 118th Congress. Graves

Danish shipping conglomerate A.P. Moller – Maersk on Tuesday announced a new organization structure with the appointment of 15 executive leaders

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

The proposed tanker mega-merger between Frontline and Euronav is off. Frontline plc (NYSE: FRO – OSE: FRO) announced after market close on Monday that it has

A Mediterranean Shipping Company containership appears to be grounded on the breakwater at the Port of Gioia Tauro in Italy. AIS data from MarineTraffic.com