By Fran Golden (Bloomberg) — After a year of isolation and lockdowns, four months on a ship is looking pretty good to cruise super fans. The Covid-19 pandemic was raging in July when Viking...
A U.S. bankruptcy judge has ordered Morton S. Bouchard III, the long-time CEO of New York-based Bouchard Transportation, to be immediately removed from his position as chief executive officer. The...
The Maersk Eindhoven has departed Japan for the U.S. West Coast after operations to remove damaged and dislodged containers after its cargo loss last month. Maersk Eindhoven lost some 260...
The new offshore wind foundation installation vessel Alfa Lift has been floated out of dry dock at the China Merchants Heavy Industries (CMHI) shipyard where the semi-submersible is under construction...
By Valerie Volcovici WASHINGTON, March 2 (Reuters) – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing endorsing a price on carbon emissions, a major shift after long resisting...
By Thomas Black (Bloomberg) — A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to increase shipping costs, according to the...
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By Sheela Tobben (Bloomberg) — Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities. The...
By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances...
Wallenius Wilhelmsen will return three more ships from cold lay-up as it continues to reactivate its fleet amid improving market conditions. The privately-held Norwegian/Swedish Ro-Ro shipping company last spring initiated...
More than 300 salaried employees at Newport News Shipbuilding in Virginia have been informed they will be laid off as the nation’s leading defense shipbuilder reshapes its workforce. Newport New...
By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery in demand from American consumers. The deficit grew...
By Amy Teibel, Verity Ratcliffe and Arsalan Shahla (Bloomberg) — Israel accused Iran of attacking one of its cargo ships in the Gulf of Oman last week, as tensions mount over the...
By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers already struggling with record high freight rates and additional fees....
Crews working to cut up and remove the Golden Ray wreck from Georgia’s St. Simons Sound will shift their focus to another section after a chain failure while cutting the...
TORM Tankers has announced plans to acquire eight medium-range product tankers from TEAM Tankers for approximately $148 in cash and shares. The eight vessels were all built at Croatia’s Brodotrogir...
By Dan Williams JERUSALEM, March 1 (Reuters) – Israeli Prime Minister Benjamin Netanyahu blamed Iran on Monday for an explosion aboard an Israeli-owned ship in the Gulf of Oman last week, an accusation rejected...
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By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part...
JERUSALEM, Feb 28 (Reuters) – Israel on Sunday broadened its search for the ship behind an oil spill that blackened its beaches with tar after investigators ruled out one of...
Reuters) – An Israeli-owned ship hit by an explosion in the Gulf of Oman strategic waterway has arrived at a port in Dubai, where is it is due to be...
By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the commitments in its trade pact with the U.S. — the...
By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches...
