29

Nov

Container Shipping Rates Slip as Transpacific Trade Softens, Asia-Europe Disruptions Loom

This week, global container shipping rates decreased as ongoing pressure on key Transpacific routes outweighed the efforts of carriers to stabilize prices befo...

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29

Nov

BIMCO Sees Tanker Markets Splitting as Geopolitics Reshape Global Oil Trade

The global tanker shipping industry is facing a critical moment, with crude and product carriers experiencing different market situations over the next two yea...

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29

Nov

Two Sanctioned Tankers Catch Fire in Black Sea After Suspected Mine Strikes

On Friday, two tankers that are under sanctions caught fire in the Black Sea after reporting external impacts near the Turkish coast. Fortunately, all crew mem...

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29

Nov

EU Set to Launch Full Antitrust Probe Into BlackRock–MSC Bid for Barcelona Port Terminal

By Foo Yun Chee BRUSSELS, Nov 27 (Reuters) – BlackRock and MSC are facing challenges in their bid to acquire CK Hutchison's terminal at Barcelona port...

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29

Nov

Fire-Hit ONE Henry Hudson Returns to Berth for Complex Cargo Removal

The containership ONE Henry Hudson returned to its dock at Yusen Terminal late Wednesday night. This marked a shift from active firefighting efforts to what of...

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29

Nov

WTO: Global Trade Momentum Slips as Frontloading Surge Fades

According to the latest Goods Trade Barometer from the World Trade Organization (WTO), global seaborne trade is showing signs of slowing down. After a strong s...

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28

Nov

America’s Sole Heavy Icebreaker Heads South as Arctic Competition Intensifies

The U.S. Coast Guard Cutter Polar Star set sail from Seattle on Thursday for its 29th trip to Antarctica. This mission will last several months and highlights...

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28

Nov

Navy and Coast Guard Keep Building Ships Before the Blueprints Are Finished Resulting in Delays, Cancellations

The U.S. government is facing criticism again for its ongoing shipbuilding practice of starting construction before the designs are fully developed. This appro...

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28

Nov

ONE Henry Hudson Returns to Port After Multi-Day Fire Containment Operation

The containership ONE Henry Hudson has returned to the Yusen Terminal at the Port of Los Angeles after a firefighting operation that lasted several days. The f...

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