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cargo shipping


Friday, September 27, 2024
The CMA CGM Marco Polo, an Explorer class container ship crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor as seen from Brooklyn, New York, U.S., May 20, 2021. REUTERS/Brendan McDermid/File Photo
Shipping

Container Shipping Lines Fear Port Strike Will Paralyze Half of U.S. Trade

(Bloomberg) — The world’s top container carrier is urging customers to move US cargo through East and Gulf Coast ports before the planned start on

September 27, 2024
Total Views: 3182

Tuesday, May 28, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rate Surge Recalls Covid ‘Chaos’

(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain

May 28, 2024
Total Views: 4588

Tuesday, November 28, 2023
Aerial view of containerships at the port of Southampton
Shipping

Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

November 28, 2023
Total Views: 4964

Thursday, November 16, 2023
Tugs support a bulk carrier arriving at an iron ore terminal. File image: Shutterstock/tcly
News

India’s JSW Wins Order to Develop Port in Karnataka State

BENGALURU, Nov 16 (Reuters) – JSW Infrastructure, India‘s No.2 commercial port operator, said on Thursday it won an order worth 41.19 billion

November 16, 2023
Total Views: 1336

Tuesday, October 31, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal to Slash Daily Transits Further Due to Drought

PANAMA CITY, Oct 31 (Reuters) – The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the

October 31, 2023
Total Views: 4382

Wednesday, October 25, 2023
General view of Ashdod port, Israel October 23, 2023.
Shipping

Israel’s Ashdod Port Toils Under Shadow of Rockets

ASHDOD, Israel, Oct 25 (Reuters) – When wailing sirens warn of incoming rockets from Gaza, workers at Israel’s Port of Ashdod

October 25, 2023
Total Views: 1226

Tuesday, October 10, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

Container Shipping Lines to Lose EU Antitrust Exemption from 2024

BRUSSELS, Oct 10 (Reuters) – Cargo shipping companies will from next year no longer enjoy a decades-long exemption from EU rules

October 10, 2023
Total Views: 1500

Thursday, October 5, 2023
Low Water Hampers Rhine River Shipping in Germany
Shipping

Low Water Hampers Rhine River Shipping in Germany

HAMBURG, Oct 5 (Reuters) – Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river

October 5, 2023
Total Views: 1654

Monday, October 2, 2023
msc ship in port
Shipping

MSC to Buy 50% of Italian Passenger Rail Group

MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger

October 2, 2023
Total Views: 1589

Tuesday, September 19, 2023
Aerial top view of a containership underway
Engineering News

Maritime Industry Explores Nuclear Power for Ships as Technology Opens up

LONDON, Sept 19 (Reuters) – The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in

September 19, 2023
Total Views: 1782

Monday, September 18, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Big Emissions Bills Are Coming for Ships in Europe

(Bloomberg) — Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills. The

September 18, 2023
Total Views: 4319

Tuesday, September 12, 2023
Flexport CEO Ryan Petersen at Davos
Shipping

Petersen Returns to Revive Flexport Profits, Trade-for-All Goals

(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology

September 12, 2023
Total Views: 408

Wednesday, September 6, 2023
lng carriers in Panama Canal
Shipping

Panama Canal Water Levels at Historic Lows, Restrictions to Remain

PANAMA CITY, Sept 5 (Reuters) – The Panama Canal‘s water levels have not recovered enough as the end of the rainy season approaches and

September 6, 2023
Total Views: 2559

Monday, August 21, 2023
The Ever Max ready to transit the Panama Canal. Photo courtesy Panama Canal Authority
Shipping

Historic Drought, Hot Seas Slow Panama Canal Shipping

LOS ANGELES/HOUSTON, Aug 21 (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could

August 21, 2023
Total Views: 3115

Thursday, June 1, 2023
Yang Ming containership
Shipping

Taiwan Shipping Firms Set to Hand Out Bumper Bonuses Again

(Bloomberg) — Taiwanese shipping companies are handing out bumper mid-year bonuses despite a slump in global cargo as the industry continues to benefit

June 1, 2023
Total Views: 2628

Monday, May 7, 2012
ship freight rates
News

A Crazy Roller Coaster Ride…Importers and Exporters May See Doubled Freight Rates by 2015

-By Can Fidan, MTS Logistics As we all know, the current situation in the shipping world is that there is a large lack of demand against the current overall

May 7, 2012
Total Views: 16

Wednesday, August 17, 2011
BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply
Uncategorized

BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply

LONDON (Dow Jones)–Dry bulk freight rates, already down 30% in value since the start of 2011, are likely to fall further over the coming months as slower

August 17, 2011
Total Views: 20

Wednesday, February 23, 2011
Major Tanker Owner Confirms Suezmax To Load In Libya Friday
News

Major Tanker Owner Confirms Suezmax To Load In Libya Friday

LONDON (Dow Jones)–A suezmax vessel is due to load in Libya Friday with no issues expected despite the order by head of state Col. Moammar Gadhafi to

February 23, 2011
Total Views: 26

Wednesday, January 16, 2008
Uncategorized

Maritime Law – Law of General Average

The law of general average is a legal principle of maritime law according to which all parties in a sea venture proportionally share any losses resulting from

January 16, 2008
Total Views: 81
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