At least four migrants died and 51 were missing after a migrant ship sank off Tunisia's Kerkennah island, a judicial official told Reuters on Sunday, adding that all the migrants onboard were from sub-Saharan Africa.The Tunisian coast guard recovered 901 bodies of drowned migrants off its coast from Jan.
Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer."The name of the new ship has been chosen through an internal survey conducted among all 30,000 employees
The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries.The deal was reached with assistance from Acting U.S. Labor Secretary Julie Su
West Coast port employers and the union representing 22,000 workers have "overcome some sticking points" in tense labor talks that have entered their 13th month, White House press secretary Karine Jean-Pierre told reporters on Tuesday.Acting U.S. Labor Secretary Julie Su is in San Francisco, where negotiations have been taking place
Operations to salvage 1.1 million barrels of oil from a decaying tanker moored off Yemen's coast will soon begin after a technical support ship arrived on site on Tuesday, the United Nations said.U.N. officials have been warning for years that the Red Sea and Yemen's coastline was at risk as the Safer tanker could spill four times as much oil as the 1989 Exxon Valdez disaster off Alaska.
Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container volume to remain soft going into this autumn - when retailers like Walmart (WMT.N) should be well into holiday season preparations.The Global Port Tracker now expects U.S. container imports of 10.
A second oil tanker in a week was seized by Iran on Wednesday in Gulf waters, the U.S. Navy said, the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019.The Bahrain-based Fifth Fleet of the U.S. Navy said the Panama-flagged oil tanker Niovi was seized by Iran's Islamic Revolutionary Guard Corps Navy (IRGCN) at 0620 local time while passing
The leader of the busiest U.S. seaport on Friday said February's cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity may not pick up until the second half of this year."This is a global phenomenon.
The U.S. Interior Department on Tuesday named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head the bureau that oversees offshore oil, gas and wind development.Klein will take over for the current head of the Bureau of Ocean Energy Management, Amanda Lefton, who has resigned from the post effective Jan. 19.
U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday.Demand for kitchen appliances, furniture, big-screen TVs, apparel and other retail goods softened late last year as record inflation bit into disposable income and consumers shifted spending back to travel and other previously
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry experts said.Spot rates, which cover anywhere from 10% to 40% of ocean container shipments and are considered a key indicator of the industry's health
October volume at the busiest U.S. seaport fell to its lowest level since 2009 as shippers sent cargo to alternate trade gateways to avoid potential disruptions from ongoing West Coast port labor talks, Port of Los Angeles Executive Director Gene Seroka said on Tuesday.The data comes as ocean trade activity returns to more normalized levels after booming in the early days of the COVID-19 crisis.