U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U.S. presidential election.
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.The leader of Yemen's Houthis said on Thursday that the Iran-aligned group would monitor the implementation of a ceasefire deal between Israel
The shipping industry faces mounting regulatory pressure to mitigate the transfer of invasive species via hull biofouling. The global detrimental impacts of sea vomit (Didemnum vexillum) is just one stark example of the damage caused by unmanaged hull fouling. The solution is clear: closed-loop hull cleaning must become an industry standard, writes Abigail Robinson
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry, in particular, has been facing a nearly three-year-long slowdown due to overcapacity
Today, the Great Lakes St. Lawrence Seaway Development Corporation (GLS) completed the formal transfer of the Robinson Bay tugboat to the Great Lakes Maritime Academy during a ceremony at Snell Lock.This celebrated vessel, originally built in 1958, will now serve as a training platform for the Academy’s maritime students, fostering the education of future mariners.
VLCC pool Tankers International announced it has appointed Stephen Robinson to head up its bunker desk.Robinson will be UK-based and brings many years of experience to the business, having previously worked as managing director for both Bomin and Cockett Marine Oil.Matthew Smith, Chief Operating Officer, Tankers International, said