ocean shipping News Updates

BusinessTechnologyLogisticsTCA

World’s Largest Sailing Cargo Ship Crosses the Atlantic

The largest sailing cargo ship in the world has made its maiden voyage across the Atlantic Ocean. Its shipments have a carbon footprint one-tenth that of a standard containership.

September 4, 2024
GovernmentBusinessSafetyLogistics

Global Shipping Strains Spark Fears of an Inflation Comeback

Merchandise trade is withstanding its first post-pandemic shock, with no noticeable flareup of global consumer prices. But that’s not guaranteed to last if snarls prove long-lasting.

July 18, 2024
BusinessLogistics

World Container Shipping Rates Keep Rising

Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.

June 14, 2024
BusinessLogisticsGlobal Freight

Some Shipping Container Costs Hit $10,000

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.

May 29, 2024
GovernmentBusinessSafetyLogistics

Containership Hit Far in Arabian Sea; Houthis Claim Attack

JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.

April 30, 2024
BusinessLogistics

US Ports Report Continued Volume Gains in First Quarter

U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.

April 30, 2024
GovernmentBusinessLogistics

House Passes Supply Chain Shipping Bill

The Ocean Shipping Reform Implementation Act, sponsored by Reps. Dusty Johnson and John Garamendi, was approved on March 21 by a vote of 393 to 24.

April 3, 2024
GovernmentBusinessEquipmentLogistics

Truckers Hail New FMC Rule on Overseas Container Fees

The Federal Maritime Commission has issued a final ruling to simplify international container billing practices in a move hailed by truckers.

March 7, 2024
BusinessTechnologySafetyLogistics

Anchor From Houthi-Sunk Ship May Have Severed Red Sea Cables

The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February.

March 6, 2024
GovernmentBusiness

Houthi Missile Attack Kills 3 Aboard a Ship in Gulf of Aden

DUBAI, United Arab Emirates — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed three of its crew members and forced survivors to abandon the vessel March 6.

March 6, 2024