by Yousry Mohamed (Reuters) How much does the Suez Canal make each year? Egypt’s Suez Canal revenue rose to a record $5.84 billion in its… Weiterlesen »Suez Canal Revenue Hits Record $5.84 Billion

A containership and a bulk carrier collided early Sunday in the Strait of Malacca, causing major damage and resulting in an oil spill. The Malaysian… Weiterlesen »Oil Spill After Containership and Bulk Carrier Collide in Strait of Malacca

By Aoife White (Bloomberg) Container shipping’s surging rates are getting scrutiny by the European Union, adding to a U.S. call for more competition among shipping… Weiterlesen »Skyrocketing Containership Rates Draw EU Scrutiny

National Transportation Safety Board (NTSB) investigators have found the Boeing 737-200 cargo plane that made an emergency water landing in the Pacific Ocean near Hawaii… Weiterlesen »Marine Salvage Team Finds Ditched 737 Cargo Plane Off Oahu

By Mike Wackett (The Loadstar) – Cosco subsidiary Orient Overseas (International) Q2 figures from its container arm, OOCL, give an early indication of some spectacular earnings to… Weiterlesen »OOCL’s Second Quarter Results Confirm ‘Turbocharging’ of Carrier Bottom Lines

Nichols Brothers Boat Builders in Freeland, Washington has delivered the fourth and final 90-ton bollard pull ASD-90 tractor tug to Foss Maritime, a division of… Weiterlesen »Nichols Brothers Completes Four Tug Series for Foss

By Brendan Murray (Bloomberg) — President Joe Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying… Weiterlesen »Federal Maritime Commission Vows to Keep Pressure on Carriers Despite Challenges

COPENHAGEN, July 9 (Reuters) – Vestas said on Friday that EnBW had picked its new turbine, which will be the world’s biggest, as the preferred… Weiterlesen »Vestas’ Giant Turbines Picked for Germany’s First Subsidy-Free Offshore Wind Farm

Strong consumer demand is continuing to drive double-digit growth of imports at the nation’s top container ports now a year since the economic recovery began.… Weiterlesen »Nation’s Retail Imports Continuing Momentum Despite Supply Chain Challenges

President Biden is set to sign an executive order directing over a dozen federal agencies to take action to promote competition in the American economy.… Weiterlesen »Detention and Demurrage Charges Targeted in White House Executive Order