Saudi attacks spark higher tanker earnings
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
Dip Shipping will pay a criminal fine to settle an antitrust violation charge as part of an ongoing U.S. Justice Department forwarder price-fixing investigation.
Tariff Reform Coalition members want the Senate Finance Committee and House Ways and Means Committee to “exercise greater oversight and control” over President Trump’s tariff authority.
New law strengthens U.S. government’s national security oversight of foreign investments in American companies that manufacture “critical” technologies and infrastructure, as well as own airport and seaport properties.
MOL continues its foray into experimenting with LNG with an innovative LNG-powered tugboat; meanwhile, MOL’s LNG-bunkering business signs deals around the world.
Three marine terminal operators had approached the U.S. Federal Maritime Commission about forming a joint terminal services and stevedoring operation in the ports of Savannah and Charleston.
Customs and trade facilitation chapter supported at CSCMP Edge 2019.
The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part II: the impacts on the crude tanker segment.
The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part I: the impacts on non-tanker shipping segments.
Executive director and governor report volume records and expansion opportunities.
The AgTC asked the U.S. Federal Maritime Commission to extend the comment deadline to Oct. 31, calling the rule “the most relevant and far-reaching initiative taken by the FMC in many years.”
The Express Association of America said additional industry participants in Customs and Border Protection’s Section 321 pilot will “enhance” the agency’s capability to target illicit products.
Founder and CEO of Farmbox Direct works to eradicate food deserts by shipping fresh fruits and vegetables to consumers.
DB Schenker’s head of Americas says uncertainty arising from events such as the U.S.-China tariff war means shippers will increasingly need to source from multiple countries and adjust inventory.
Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.
The Port of Brunswick reopens to restricted traffic as the investigation into the capsizing of the car carrier continues.
The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to decide if the Export Administration Regulations apply.
The Federal Maritime Commission welcomes container shipping industry’s comments on recommendations to bring clarity and fairness to the assessment of demurrage and detention fees.
The primary cause of the deteriorating outlook for the next 12 to 18 months is trade policy.
Port of Los Angeles says it would take seven Vietnams to make up for the loss of business from China trade war.