U.S. Container Imports Near Pre-Pandemic Levels in November
U.S. container imports fell a whopping 19.4% in November compared to the same month last year as economic turmoil, a reduction in retail transactions, and high
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U.S. container imports fell a whopping 19.4% in November compared to the same month last year as economic turmoil, a reduction in retail transactions, and high
By Siddharth Philip (Bloomberg) — The Port of Felixstowe, Britain’s busiest container port, said that over 90% of its workers had agreed to accept a
ISTANBUL, Dec 12 (Reuters) – The number of tankers waiting to pass through Istanbul’s Bosphorus Strait on the way to the Mediterranean fell to 13
By Stine Jacobsen and Jacob Gronholt-Pedersen COPENHAGEN, Dec 12 (Reuters) – A.P. Moller-Maersk said on Monday it had appointed company veteran
By Gaspard Sebag (Bloomberg) –Sanctioned Russian billionaire Alexey Kuzmichev has notched up another victory in his fight with French authorities
By Alaric Nightingale (Bloomberg) –Turkish authorities allowed an oil tanker to pass through country’s vital Bosphorus shipping strait, suggesting
By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re
Meyer Werft has delayed the delivery of Carnival Cruise Line’s new Carnival Jubilee by two months due to issues in the supply chain. Carnival Cruise Line
IMO member states seem on track to adopt a more stringent greenhouse gas reduction target that would align shipping with the Paris Agreement on climate change.
Seattle-based naval architecture and marine engineering firm Elliott Bay Design Group has released its design for a methanol-powered harbor power and charging
By Kate Abnett BRUSSELS, Dec 9 (Reuters) – The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of
By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from
By Daren Butler and Can Sezer ISTANBUL, Dec 9 (Reuters) – Turkey emerged as a critical stumbling block to a complex international plan to
U.S.-flag energy shipping company Overseas Shipholding Group (NYSE: OSG) has exercised options to extend its bareboat charter agreements with American Shipping
By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already
British Columbia-based Waterfront Shipping has entered into a time-charter agreement with commodity trading giant Trafigura for the methanol-powered dual-fuel
By Barry Parker (gCaptain) – Next week will see the Marine Environmental Protection Committee’s “MEPC79” meetings occurring in-person at the
By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases
By Jonathan Saul LONDON, Dec 8 (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers
The container shipping industry is likely to see significantly weaker profits next year as freight rates continue to normalize, says Fitch Ratings. Container
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