Containerships

Business, Equipment, Logistics

Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains

Port of Los Angeles Port of Los Angeles will expand weekend operating gate hours on a pilot basis to make sure gate availability meets cargo demand. (Getty Images)

As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.

Dan Ronan | Associate News Editor
September 22, 2021
Business, Equipment, Logistics

Ports on Both Coasts Report Strong July Numbers

Containers at the Port of Long Beach With July's numbers, the Port of Long Beach has broken container volume records in 12 of the past 13 months. (Seth Clevenger/Transport Topics)

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

Dan Ronan | Associate News Editor
August 18, 2021
Government, Business, Technology, Logistics

Containership Bottleneck Nears Its February Record

Port of Los Angeles The CMA CGM Benjamin Franklin at the Port of Los Angeles during a past trip. (Tim Rue/Bloomberg News)

The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months, threatening to extend transportation delays, bite further into margins for American importers and boost prices for consumers.

Brendan Murray | Bloomberg News
August 16, 2021
Government, Business, Logistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

Shipping containers sit at the Port of Long Beach in California in March 2021. (Bing Guan/Bloomberg News) Shipping containers sit at the Port of Long Beach in California in March 2021. (Bing Guan/Bloomberg News)

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

Brendan Murray | Bloomberg News
July 8, 2021
Business

Egypt Bids Adieu to Suez Canal Saga With Payoff, Party

Ever Given The Ever Given containership moves along the Suez Canal toward Ismailia after being freed from the canal bank in March. (Islam Safwat/Bloomberg News)

For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.

July 7, 2021
Government, Business, Safety

Ever Given Saga Nears End, Ship Poised to Leave Suez Canal

Ever Given The Ever Given in Egypt's Great Bitter Lake. (Mohamed El-shahed/Associated Press)

A giant containership that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an agreement between authorities and the vessel’s owners, the canal operator said July 4.

July 6, 2021
Government, Business, Safety, Logistics

Suez Canal, Ever Given Ship Owners Reach Compensation Deal

People watch as the Ever Given is refloated on March 29, unblocking the Suez Canal. (Mahmoud Khaled/Getty Images) People watch as the Ever Given is refloated on March 29, unblocking the Suez Canal. (Mahmoud Khaled/Getty Images)

Egyptian officials and owners of the giant Ever Given vessel that blocked the Suez Canal earlier this year have reached a preliminary deal over compensation, according to the ship’s representatives.

Salma El Wardany | Bloomberg News
June 23, 2021
Government, Business, Logistics

Suez Canal’s Claim Over Once-Stuck Ship Referred by Court

Suez Canal The Ever Given in Egypt's Great Bitter Lake. (AP Photo/Mohamed El-shahed, File)

CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.

Samy Magdy | Associated Press
May 24, 2021
Business, Logistics

Largest Containership Hits East Coast as Ports See Surge

The CMA CGM Marco Polo passes underneath the Bayonne Bridge in New Jersey on May 20. (Seth Wenig/Associated Press) The CMA CGM Marco Polo passes underneath the Bayonne Bridge in New Jersey on May 20. (Seth Wenig/Associated Press)

With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on the morning of May 20, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up.

David Porter | Associated Press
May 20, 2021
Government, Business, Safety, Logistics

World’s Biggest Brands Adopt Checklist to Protect Seafarers

Since the start of the pandemic, some countries have halted or limited seafarer changes to prevent the spread of COVID-19. (Qilai Shen/Bloomberg News) Since the start of the pandemic, some countries have halted or limited seafarer changes to prevent the spread of COVID-19. (Qilai Shen/Bloomberg News)

Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.

K. Oanh Ha and Jack Wittels | Bloomberg News
May 6, 2021

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