By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic… Weiterlesen »Oil Posts Longest Run of Losses Since March as Recovery Falters

After only a few months of fundraising, the Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief… Weiterlesen »COVID Relief Fund for Seafarers Hits $1 Million Goal

Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth straight… Weiterlesen »Baltic Dry Index Hits Highest Level Since June 2010

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months, threatening… Weiterlesen »Containership Bottleneck Off Southern California Ports Approaches February Record

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert… Weiterlesen »China Port Congestion Worsens as Ningbo Shuts for Seventh Day

A Virginia Beach man was sentenced today to 45 months in prison for mail fraud, wire fraud, and aggravated identity theft. According to court documents,… Weiterlesen »Prison Terms Set In US License Scandal

By Libby George (Reuters) Helicopters hover above a patrol vessel in Nigeria’s frenetic Apapa port as attack boats zoom past. On the dock, drones emblazoned… Weiterlesen »Will Drones And Warships Be Enough To Tackle The World’s Latest Piracy Hotspot?

by Muyu Xu (Reuters) Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed… Weiterlesen »China’s Zero Tolerance To COVID-19 Is Choking Supply Lines

WASHINGTON, Aug 16 (Reuters) – The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil… Weiterlesen »Biden Admin Appeals Court Decision Blocking Pause on Oil and Gas Leasing

The U.S. Coast Guard and National Transportation Safety Board have concluded the formal public hearing proceedings into the sinking of the Seacor Power lift boat.… Weiterlesen »Coast Guard Concludes Public Hearing Into Seacor Power Capsizing