ocean shipping News Updates

House GOP Urges Biden to Protect Supply Chain

Senior House Republicans on a transportation committee urged the Biden administration to prevent potential disruptions to the country’s supply chain.

January 18, 2024
BusinessSafetyFuelLogistics

Global LNG Fleet Avoiding Red Sea With More Tankers Diverted

The global LNG tanker fleets appear to have stopped using the Red Sea and Suez Canal, as continued Houthi attacks on ships reroute flows of the power-station and heating fuel.

January 17, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

How the Red Sea Conflict Is Crimping Global Trade

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

January 12, 2024
Business

60 Seconds: Port Leaders Enter 2024 With Cautious Optimism

The shipping industry is keeping a watchful eye on developments in Panama Canal, Middle East. Story by Dan Ronan.

January 9, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

US Trucking Faces Downstream Effects From Suez Canal Attacks

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

January 9, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

Shipping Shows Signs of Panic as Houthis Menace Trade Lane

Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said. 

January 8, 2024
GovernmentBusinessSafetyGlobal Freight

Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

January 5, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
GovernmentSafetyFuelGlobal FreightTCA

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

December 6, 2023
BusinessLogistics

Shippers Spend $235 Million to Bypass Panama Canal Jam

Shipping companies have paid a total of $235 million so far this year to jump ahead of the backlog at the Panama Canal, according to data from shipping agency Waypoint Port Services.

November 22, 2023