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Chinese military ship docks at Sri Lanka port despite Indian concern
COLOMBO, Aug 16 (Reuters) - A Chinese military survey ship docked at Sri Lanka's Chinese-built port of Hambantota on Tuesday after a...
icarussmith20
Aug 16, 20222 min read


U.S. freight shipping rates have likely peaked, according to new Cass Freight Index data, in another
U.S. freight rates increased 28% year over year, but declined almost 2% month over month in July, a likely signal that the U.S. market...
icarussmith20
Aug 16, 20222 min read


Japanese shipping giant to take part in tidal power project planned for Singapore
Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy...
icarussmith20
Aug 10, 20222 min read


The U.S. Jobs Market Has Fully Recovered, Favoring Travel And Shipping Industries
As of last month, the U.S. jobs market fully recouped the number of jobs that were lost due to the pandemic, in less than half the time...
icarussmith20
Aug 9, 20224 min read


China's military drills near Taiwan disrupt key shipping lanes
SINGAPORE, Aug 5 (Reuters) - China's military exercises in the waters around Taiwan have prompted some ships to navigate around the...
icarussmith20
Aug 5, 20222 min read


Shipping firm Maersk, a barometer for global trade, warns of weak demand and warehouses filling up
AP Moller-Maersk on Wednesday predicted a slowdown in global shipping container demand this year amid weakening consumer confidence and...
icarussmith20
Aug 4, 20222 min read


Maersk sees weaker container demand as durable goods sales dry up
COPENHAGEN, Aug 3 (Reuters) - Shipping group Maersk (MAERSKb.CO) expects global container demand to fall this year as sales of durable...
icarussmith20
Aug 3, 20222 min read


Shipping arrangements into Ukraine still not ready, Lloyd's official says
LONDON, Aug 1 (Reuters) - Key arrangements including procedures for ships still need to be worked out before empty vessels can come in...
icarussmith20
Aug 2, 20223 min read


Clogged California ports face new labor risk from trucking
OAKLAND, July 18 (Reuters) - Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes...
icarussmith20
Jul 19, 20222 min read


American shipping law doesn’t sail
NEW YORK, June 27 (Reuters Breakingviews) - It cost $2.20 a barrel to ship gasoline from the Gulf Coast to Colombia earlier this month....
icarussmith20
Jun 28, 20222 min read


Hackers can bring ships and planes to a grinding halt. And it could become much more common
Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can...
icarussmith20
Jun 27, 20224 min read


Maersk sees no let up in surging cost of shipping goods
LONDON/DUBLIN, June 22 (Reuters) - The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of...
icarussmith20
Jun 23, 20222 min read


Two students sue shipping giant Maersk, alleging sexual assault and harassment
(CNN)An 18-year-old US Merchant Marine Academy student who was repeatedly harassed and groped by older, male crew members during a...
icarussmith20
Jun 16, 20226 min read


U.S. House passes ocean shipping bill to allay export backlogs
WASHINGTON, June 13 (Reuters) - The U.S. House of Representatives approved legislation Monday to improve oversight of ocean shipping,...
icarussmith20
Jun 14, 20222 min read


World's Biggest Ammonia Producer Joins Center for Zero-Carbon Shipping
The world's largest producer of ammonia has signed on to the shipping industry's leading clean-fuel technology consortium, the Mærsk...
icarussmith20
May 17, 20222 min read


Maersk in talks with buyers for stake as quits Russia
COPENHAGEN, May 4 (Reuters) - Maersk (MAERSKb.CO) has found possible buyers for its stake in Global Ports Investments (GLPRq.L), which...
icarussmith20
May 4, 20222 min read


Container shipping could rebound by late April as Covid eases in China, shipping investment firm exe
The container shipping industry could see a “very strong” pickup starting late April as the Covid situation in China eases, Tim Huxley,...
icarussmith20
Apr 20, 20222 min read


Ocean Shipping Reform Act Passed by U.S. Senate Voice Vote
In a rare moment of bipartisanship in a deeply divided U.S. Congress, the Senate today passed the Ocean Shipping Reform Act with a simple...
icarussmith20
Apr 1, 20223 min read


Maersk warns Shanghai city lockdown to boost transport costs further
SHANGHAI, March 29 (Reuters) - Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase...
icarussmith20
Mar 29, 20222 min read


With Inflation Surging, Biden Targets Ocean Shipping
With inflation surging at its fastest pace in 40 years, President Biden has identified a new culprit that he says is helping fuel...
icarussmith20
Mar 21, 20226 min read
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