Investigators working to identify the cause of the broken pipeline that released oil into San Pedro Bay near the ports of Los Angeles and Long Beach earlier this month have...
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, Oct 16 (Reuters) – An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy...
TAIPEI, Oct 17 (Reuters) – A U.S. and a Canadian warship sailed through the Taiwan Strait late last week, the American military said on Sunday, at a time of heightened...
By Kevin Varley (Bloomberg) Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up...
JOHANNESBURG, Oct 16 (Reuters) – South Africa’s monopoly port operator Transnet late Friday declared a force majeure at its Richards Bay Bulk Terminal, it said in a statement, following a...
Riyadh, KSA-The Public Investment Fund (PIF) announced today the launch of “THE RIG.”, a new tourism project. Inspired by offshore oil platforms, “THE RIG.” will be located in the Arabian...
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By Arsalan Shahla (Bloomberg) –An Iranian warship foiled a pirate attack against one of the country’s oil vessels in the Gulf of Aden following a “heavy exchange of fire” early Saturday,...
by Chen Aizhu (Reuters) Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages...
by Captain John Konrad (gCaptain) The FAA is headed by a pilot, NASA is headed by an astronaut, the US Marine Corps is headed by a Marine but for the...
By Marcelo Teixeira NEW YORK, Oct 15 (Reuters) – Disruptions to transportation of coffee around the world, caused by container shortages and port congestion, will likely keep coffee prices high...
After decades of searching, researchers from the U.S. National Oceanic and Atmospheric Administration and Coast Guard have located the underwater shipwreck of the former U.S. Revenue Cutter Bear. The wreck...
By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US have re-gained traction after China’s Golden Week holiday, while rates to Europe appear to have plateaued and could...
Luxembourg-based Jan De Nul Group has been awarded a contract to transport and install monopolies for two offshore wind projects in Germany under development by Danish renewable energy company Ørsted...
MOSCOW, Oct 15 (Reuters) – Russia said one of its military vessels chased away a U.S. naval destroyer that attempted to violate Russian territorial waters during Russian-Chinese naval drills in...
By Christopher Palmeri (Bloomberg) — Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply-chain...
Congestion at the Port of Long Beach hit throughput in September with volumes falling nearly 6% compared to the same month last year. Long Beach, the nation’s second busiest port...
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By Chen Aizhu, Jessica Jaganathan and Scott DiSavino Oct 15 (Reuters) – China’s energy crisis deepened on Friday with coal prices hitting a record high as cold weather sweeps in...
By Kevin Varley and Kyunghee Park (Bloomberg) — Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take...
At the CMA Shipping 2021’s Day 2 session “Driving Change”, the organization’s President- Chris Aversano (who has a day job at information provider Q88) quoted none other than Machiavelli, who...
By Siddharth Philip and Deirdre Hipwell (Bloomberg) — Sirens blared as cranes lifted containers from the Ever Genius, a ship stretching four times the width of Buckingham Palace along a berth...
A.P. Moller – Maersk has announced a minority investment in a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel. Maersk’s investment in...
