US ports strike causes first shutdown in 50 years
Tens of thousands of dockworkers have gone on strike indefinitely at ports across much of the US, threatening significant trade and...
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Oct 12 min read
US East Coast port strike set to start Tuesday, says union
WASHINGTON, Sept 29 (Reuters) - A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the...
Aug 123 min read
US sends submarine to Middle East as tensions grow
The US has sent a guided missile submarine to the Middle East, as tensions grow in the region. Defence Secretary Lloyd Austin also said...
Aug 62 min read
Groundbreaking low-carbon sailing cargo ship marks milestone in sustainable maritime transport
KR delivered a groundbreaking low-carbon sailing cargo ship, SV Juren Ae, to the Marshall Islands Shipping Corporation (MISC) on 31 July....
Mar 262 min read
Cargo ship hits Baltimore’s Key Bridge, bringing it down. Rescuers are looking for people in water
A container ship rammed into a major bridge in Baltimore early Tuesday, causing it to snap in a few places and plunge into the river...
Jan 32 min read
Maersk halts Red Sea shipping until further notice after Houthi militant attack
Maersk will pause all shipping through the Red Sea and Gulf of Aden until further notice after one of its vessels came under attack from...
Oct 27, 20232 min read
Airbus Wants New Boats To Cut CO2 From Transatlantic Sub Assembly Transport
As the aviation industry looks for new and unique ways to meet emissions goals, European aircraft manufacturer Airbus has unveiled its...
Aug 22, 20233 min read
Wind-powered cargo ship sets sail in a move to make shipping greener
August 21, (CNN) - A large red cargo ship named Pyxis Ocean set out on its maiden voyage this month. But unlike most others before it,...
Aug 21, 20234 min read
Focus: 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...
Aug 18, 20233 min read
U.S. Importers Are Managing This Summer’s Higher Shipping Costs
This year, container shipping companies have managed to recover from a significant decrease in freight rates. However, according to...
Jul 6, 20233 min read
Airfreight market “getting pretty nasty” as rates fall
Airlines are offering lower airfreight rates to avoid losing volumes despite data showing that demand declines have bottomed out. The...
Apr 6, 20234 min read
Analysis: Western curbs on Russian oil products redraw global shipping map
NEW DELHI/LONDON, April 6 (Reuters) - Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions...
Mar 22, 20232 min read
Global freight slump deepens at the start of 2023
LONDON, March 21 (Reuters) - Global freight movements continued to dwindle in the first two months of 2023 as manufacturers and...
Mar 13, 20236 min read
‘Hard to ignore Julie Su’: Biden’s labor secretary pick fights for confirmation
Julie Su has come a long way since she first made headlines in 1995 when she, then just 26 years old, was lead lawyer for 72 Thai workers...
Feb 7, 20234 min read
Shipping lines return to proven power of wind
Use of rotor sail technology set to boom as new carbon efficiency regulations force change Shipping is going back to the future....
Jan 17, 20231 min read
China's COSCO SHIPPING Holdings to pay over $800 mln for 5.8% stake in COFCO Fortune
BEIJING/HONG KONG, Jan 17 (Reuters) - China's COSCO SHIPPING Holdings (601919.SS) has agreed to pay 5.5 billion yuan ($814 million) to...
Dec 16, 20223 min read
Why is Maersk shaking things up at the executive level?
Shipping giant A.P. Moller-Maersk has confirmed the appointment of Vincent Clerc as its new chief executive officer as they prepare to...
Dec 15, 20222 min read
US government sues Arizona governor for using shipping containers as barrier on Mexico border
The US government has sued Republican governor Doug Ducey and the state of Arizona for building a wall with shipping containers along...
Dec 14, 20224 min read
Protesters block construction of Arizona border wall made of shipping containers
What started as a small demonstration has turned into a two-week standoff as residents and environmentalists fight outgoing Arizona Gov....
Dec 9, 20222 min read
Deepening Turkey tanker logjam snarls Russia oil sanctions
ISTANBUL, Dec 9 (Reuters) - Turkey emerged as a critical stumbling block to a complex international plan to deprive Russia of wartime oil...
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