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The Colonel’s Island Terminal at the Port of Brunswick
Ports

Record-Breaking Month for Ro/Ro Cargo at Georgia’s Port of Brunswick

Colonel’s Island Terminal at the Port of Brunswick in Georgia has set a new record in March, handling 77,236 units of Roll-on/Roll-off (Ro/Ro) cargo. This

1 min ago
Total Views: 0

OOCL Spain
Shipbuilding

Biden Administration Launches Probe into China’s Unfair Shipbuilding Practices

The United States Trade Representative (USTR) has announced the launch of an investigation into alleged unfair trade practices by China in the shipbuilding,

28 mins ago
Total Views: 138

Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
News

Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions

(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the

33 mins ago
Total Views: 153
tanker at sea
Shipping

Pop-Up Russian Oil Traders Emerge As US Tightens Sanctions Grip

(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole.

35 mins ago
Total Views: 24

Wednesday, April 17, 2024
A worker on a container crane at the Port of Los Angeles
Ports

Port of Los Angeles Eyes Continued Momentum as Container Volumes Surge

The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port

19 hours ago
Total Views: 1154

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Wednesday, April 17, 2024
The Washington State Ferry Wenatchee
Shipping

$316 Million in Funding Announced to Modernize U.S. Ferries

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced the availability of $316 million to support and modernize

21 hours ago
Total Views: 1476

Biden to survey collapsed Baltimore bridge, meet families of workers who died. REUTERS/Nathan Howard
Accidents

Maersk Gives Update Following Baltimore Key Bridge Collapse

Global shipping giant Maersk has released a detailed update on its operations following the collapse of Baltimore’s Key Bridge. The company, which

21 hours ago
Total Views: 13247

msc ship in port
Shipping

MSC Aries’ Crew Reported Safe

By Jonathan Saul LONDON, April 17 (Reuters) – The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm

22 hours ago
Total Views: 2410

Oil tanker Kerala, chartered by Chevron, is loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. REUTERS/Isaac Urrutia/File Photo
Shipping

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

(Bloomberg) — President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela, ending a six-month reprieve, if Nicolas Maduro’s

April 17, 2024
Total Views: 1335

An official slides down a rope during a helicopter raid on MSC Aries ship at sea in this screen grab obtained from a social media video released on April 13, 2024. Video obtained by Reuters/via REUTERS
Shipping

Seized Ship’s Cargo Reveals Impact of Iran Tensions on Global Trade

By Brendan Murray and Alex Tanzi (Bloomberg) — The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it

April 17, 2024
Total Views: 8672

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Wednesday, April 17, 2024
Yangshan Port south of Shanghai, China.
Shipping

China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns

GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens

April 17, 2024
Total Views: 663

Port of Hong Kong
Ports

Hong Kong Falls Out of Top 10 Busiest Port Rankings for First Time Ever

By Gavin van Marle (The Loadstar) – Hong Kong fell out of the world’s top 10 container ports last year, for the first time in the history of container

April 17, 2024
Total Views: 1911

Tuesday, April 16, 2024
hapag-lloyd ship
Shipping

Seaspan and Hapag-Lloyd to Retrofit Five Containerships to Methanol Fuel

Containership owner and lessor Seaspan Corporation has partnered with Hapag-Lloyd, one of the world’s largest container shipping lines, to retrofit five

April 16, 2024
Total Views: 1743

Eureka Shipping cement carrier
Shipping

Eureka Shipping to Launch Eco-Friendly Cement Carrier in the Great Lakes

Eureka Shipping, a joint venture between SMT Shipping and The CSL Group, has announced the construction an innovative mechanical/pneumatic cement ship to help

April 16, 2024
Total Views: 1450

Yangshan Port south of Shanghai, China.
Shipping

IMF Sees Slow and Steady Growth of Global Economy

By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International

April 16, 2024
Total Views: 505

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Tuesday, April 16, 2024
FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

New Rule Aims to Protect U.S. Taxpayers from Bearing Offshore Decommissioning Costs

The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil

April 16, 2024
Total Views: 981

BP Focuses on Familiar Turf in GoM as Rivals Push New Offshore Oil Frontiers
Offshore

BP Focuses on Familiar Turf in GoM as Rivals Push New Offshore Oil Frontiers

(Bloomberg) — For a company that made its name with frontier oil discoveries from Iran to Alaska, BP Plc is notably absent from today’s hottest new oil

April 16, 2024
Total Views: 954

Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
Shipping

Panama Canal Increases Booking Slots Amid Expected Rainfall

The Panama Canal Authority (ACP) has announced an increase in booking slots for its Panamax locks starting mid-May, in response to current and predicted water

April 16, 2024
Total Views: 1422

EUNAVFOR Operation Atalanta warships escort the MV Abdullah after it was freed by Somali pirates. Photo courtesy EUNAVFOR
Piracy

EU Naval Operation Warns Ransom Payments to Pirates Could Trigger More Attacks

The European Union’s counter-piracy naval operation off the Somali coast, known as Operation Atalanta, has reiterated its warning that ransom payments

April 16, 2024
Total Views: 1082

Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
Shipping

Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge

LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone

April 16, 2024
Total Views: 866

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