ocean shipping News Updates

GovernmentBusinessSafetyGlobal Freight

Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

January 5, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
GovernmentSafetyFuelGlobal FreightTCA

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

December 6, 2023
BusinessLogistics

Shippers Spend $235 Million to Bypass Panama Canal Jam

Shipping companies have paid a total of $235 million so far this year to jump ahead of the backlog at the Panama Canal, according to data from shipping agency Waypoint Port Services.

November 22, 2023
GovernmentBusinessLogisticsGlobal Freight

Container Shipping Seeing Major Cuts After $364 Billion Boom

The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.

November 14, 2023
GovernmentBusinessLogisticsGlobal FreightTop 50

Air and Ocean Freight Deal With Fluctuating Volumes in 2022

2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.

November 3, 2023

Delaware Officials Pick New Operator for Port of Wilmington

Delaware officials have given the green light to Enstructure LLC to become the new operator of the Port of Wilmington, replacing GT USA Wilmington LLC.

July 18, 2023
Global Freight

IMO Countries Agree to Net-Zero Shipping Emissions by 2050

Maritime nations agreed July 7 to slash emissions from the shipping industry to net zero by about 2050 in a deal that several experts and nations say falls short of what’s needed.

July 7, 2023
GovernmentBusinessTechnologyLogistics

Buttigieg Promotes ‘Green Corridors’ for Ocean Shipping

YOKOHAMA, Japan — An American push to establish “green shipping corridors” is key to reducing carbon emissions from the shipping industry, Transportation Secretary Pete Buttigieg said.

June 20, 2023
GovernmentBusinessSafetyLogistics

Shipping Lobby Group Advises Caution on Climate Targets

An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.

May 4, 2023

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