By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a
By Rene Wagner and Toby Sterling BERLIN/LOBITH, Netherlands, Aug 10 (Reuters) – Already bracing for recession and winter energy shortages,
By Ngai Yeung (Bloomberg) — All parts of the US supply chain — not just its ports — need to move to round-the-clock operations to
With annual container volumes into the United States expected to increase in the coming decade, a proposed inland port in California’s Mojave Desert is
Singaporean rigbuilder Keppel O&M has announced the termination of contracts over failure of clients to make final payments and take delivery. The
The Port of Long Beach reported July throughput numbers on Tuesday, showing its most active July on record despite a “cooldown” in consumer
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Aug 9 (Reuters) – Norwegian Cruise Line Holdings Ltd forecast a loss for the current quarter and revenue below estimates as occupancy rates remained
General Dynamics NASSCO has been awarded $1.4 billion contract modifications for the construction of a sixth Expeditionary Sea Base ship (ESB 8) and two
The U.S. Coast Guard was responding to an oil spill Monday after an oil tank platform collapsed at Hilcorp’ Caillou Island offshore facility in
ISTANBUL, Aug 9 (Reuters) – Turkey resumed its hydrocarbon drilling operations in the eastern Mediterranean on Tuesday after a two year hiatus, though
By Nigel Hunt and Jonathan Saul LONDON, Aug 9 (Reuters) – Two more grain-carrying ships left Ukraine’s Chornomorsk port on Tuesday as part of a
By Brendan Murray (Bloomberg) — The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%,
The State of Virginia has given the go-ahead for Dominion Energy’s 2.6-gigawatt (GW) Coastal Virginia Offshore Wind (CVOW) farm, the largest offshore
By Jennifer A. Dlouhy (Bloomberg) — The strong gusts blowing off the coasts of Puerto Rico, Guam and other US territories offer big green energy
By Jonathan Saul and Michelle Nichols LONDON/NEW YORK, Aug 8 (Reuters) – Ships exporting Ukraine grain through the Black Sea will be protected
A Matson containership has been permitted to dock in Anchorage, Alaska after reporting a lubrication leak. Personnel at the Coast Guard Sector Anchorage
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Retail imports at the nation’s top ports are expected to slow “significantly” over the remainder of the year, but 2022 cargo volumes should
The Port of Savannah continues to see “unprecedented” cargo volumes as it continues to pick up diverted capacity from the U.S. West Coast. The
German liner Hapag-Lloyd is starting to install real-time tracking devices on its entire fleet of approximately 3 million twenty-foot equivalent (TEU)
HAMBURG, Aug 8 (Reuters) – Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot
By Kwaku Gyasi and Alex Longley (Bloomberg) — Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at
