The threat of a drone attack on California by Iran that prompted a warning by the FBI was ‘not credible,’ according to a Los Angeles port executive.
The White House has launched trade investigations into 16 U.S. trading partners, potentially paving the way for new tariffs.
The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.
Maersk’s CEO said the closure of the Strait of Hormuz has effectively trapped 10 of the line’s ships in the Persian Gulf.
Thousands of merchant mariners and hundreds of cargo ships remain trapped in the Persian Gulf region as violence escalated in the Strait of Hormuz.
Despite near-daily requests from shipping, the U.S. Navy has refused to provide escorts in the Strait of Hormuz, according to a report.
A ONE container ship in U.S. service was attacked in the Persian Gulf, the first confirmed targeting of merchant shipping beyond the Strait of Hormuz.
The world’s largest container shipping line in an unusual move is diverting all cargo destined for the Arabian Gulf region to safe ports, and charging shippers $800 for move.
Senator Mark Kelly campaigned for his maritime legislation before a welcoming audience of port executives, who cheered his initiative to reestablish American shipping dominance.
As Iran retaliates against U.S.-led attacks, the effects on Persian Gulf shipping threaten to spread beyond the region to the wider global supply chain.
While major shipping lines cut short their return and war threatens the region, the Suez Canal Authority said vessel traffic continues apace through the Middle East trade route.
Container line CMA CGM has suspended all bookings to the Middle East as Iran attacked crude oil facilities and tanker traffic in the Persian Gulf.
Leading container carrier suspends all worldwide bookings to Middle East destinations.
A U.S.-flag bulk tanker was hit by projectiles at the Port of Bahrain, the first American merchant ship to come under attack in the Iran war.
The largest container vessel lines shifted operations as Iran attacked Persian Gulf ports and tanker vessels in the Strait of Hormuz.
Houthi rebels in Yemen warned they will resume drone and missile attacks on Red Sea shipping after Israel and the United States launched attacks on Iran.
A federal judge tossed out a lawsuit filed by the International Longshoremen’s Union alleging the Virginia Port Authority had interfered with the newly-signed union contract when it installed automated cranes at one of its container terminals.
U.S. ocean line Matson said its terminal joint venture shored up fourth quarter results as container volumes fell on weaker China traffic.
The Port of Long Beach recorded its second-busiest January ever despite the ongoing effects of the China-U.S. trade war and economic uncertainty.
Just weeks after returning, Maersk will again divert some voyages, including a U.S. service, away from the volatile Red Sea-Suez Canal route.
