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Ship Operators Move Toward LNG to Pare Emissions
The maritime industry, under growing pressure to reduce shipping’s carbon emissions, is coming to a growing consensus that liquefied...
icarussmith20
Apr 23, 20214 min read


Egypt impounds Ever Given ship over $900 million Suez Canal compensation bill
(CNN Business)Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month, amid a...
icarussmith20
Apr 14, 20213 min read


Higher Shipping Costs Are Here to Stay, Sparking Price Increases
Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the...
icarussmith20
Apr 12, 20214 min read


Maersk claims progress in carbon neutral methanol hunt
Maersk’s head of decarbonisation believes that the company’s commitment to a having carbon neutral ship running on green methanol in 2023...
icarussmith20
Apr 11, 20213 min read


Hapag-Lloyd CEO expects container market congestion to last until third quarter
In the wake of Ever Given blocking the Suez Canal for close to a week, Hapag-Lloyd CEO Rolf Habben Jansen expects the market to...
icarussmith20
Apr 10, 20212 min read


Maersk opens for short-term bookings again after Suez blockage
The container market continues to be affected by the week-long traffic jam in the Suez Canal, which has further exacerbated container...
icarussmith20
Apr 9, 20212 min read


Ocean-Shipping Demand Staying ‘Very Strong,’ Hapag CEO Says
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest...
icarussmith20
Apr 9, 20212 min read


Commodity Shipping Rates Are Surging and the Rally Isn’t Over
For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw...
icarussmith20
Apr 7, 20214 min read


Maersk adds new Asia/US East Coast string
Maersk Inc. North America has announced a new service linking ports in Vietnam and China with the US East Coast via the Panama Canal....
icarussmith20
Apr 6, 20212 min read


Lead investigator in Suez Canal blockage probe boards ship
Divers inspected the underside of a colossal container ship that had blocked the Suez Canal in Egypt, spotting some damage to the bow but...
icarussmith20
Apr 2, 20212 min read


Suez Canal Opens, but Shipping Will Be Snarled for Months
The bridge of the oil tanker Navig8 Aronaldo erupted in cheers after Capt. Malik Naushad told his crew to prepare to weigh anchor...
icarussmith20
Mar 31, 20217 min read


Suez Canal reopens after Ever Given cargo ship successfully refloated
SUEZ, Egypt — The giant container ship that blocked traffic in the Suez Canal for the last week resumed its journey on Monday after being...
icarussmith20
Mar 30, 20213 min read


What Happened In The Suez Canal, And What Does It Mean For Global Trade?
A giant container ship under the name Ever Given ran aground in the Suez Canal in Egypt on the 23rd March 2021. Here’s how it all...
icarussmith20
Mar 30, 20215 min read


Hopes of reopening Suez Canal boosted by partial refloating of jammed ship
ISMAILIA, Egypt (Reuters) - A huge container ship blocking Egypt’s Suez Canal for nearly a week has been partially refloated, raising...
icarussmith20
Mar 29, 20213 min read


Suez Canal steps up efforts to remove blockage as shipping rates surge, tankers diverted away
CAIRO (Reuters) - The Suez Canal stepped up efforts on Friday to free a giant stuck container ship and end a blockage that has sent...
icarussmith20
Mar 28, 20214 min read


Ship in blocked convoy in Suez Canal on move, say source and witness
CAIRO (Reuters) - The first ship from a convoy that had been blocked by a stranded vessel in the Suez Canal is on the move, indicating a...
icarussmith20
Mar 25, 20211 min read


Massive cargo ship that blocked Egypt’s Suez Canal is reportedly on the move
A cargo container ship that’s among the largest in the world turned sideways and blocked all traffic in Egypt’s Suez Canal, officials...
icarussmith20
Mar 24, 20212 min read


Global shipping could take a hit due to lack of vaccine access for seafarers
The International Chamber of Shipping is warning the global shipping community the lack of access to vaccines for seafarers will place...
icarussmith20
Mar 22, 20213 min read


Russia’s Arctic MiGs Can Cover The Country’s Entire Northern Shipping Route
The U.S. Air Force is working hard to expand the number of bases that can support the service’s most powerful warplanes for missions over...
icarussmith20
Mar 21, 20212 min read


Shipping Logjams Spread on Crush of Imports
Logjams at U.S. ports are spreading beyond Southern California’s choked gateways, and shipping officials are projecting the backups will...
icarussmith20
Mar 20, 20213 min read
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