Cargo ship bringing cars to RI sinks in Atlantic Ocean
EAST PROVIDENCE, R.I. (WPRI) — The car carrier ship that caught fire last month in the Atlantic Ocean sank Tuesday morning off the Azores. The...
Category : Freight
World’s largest container lines suspend shipping to Russia
Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh Register now for...
Ukrainian Invasion Adds to Chaos for Global Supply Chains
And if the conflict is prolonged, it could threaten the summer wheat harvest, which flows into bread, pasta and packaged food for vast numbers of...
War in Ukraine Disrupts Ships Around the Globe
The world’s biggest container ship operators—A.P. Moller-Maersk A/S and Mediterranean Shipping Co.—said they would temporarily suspend services to Russian ports, including those far from the...
New era of container freight hedging begins
What will happen next year, next month, next week? Rarely has the future direction of markets been as unknowable as it is today, so why...
Column: Concerns rise over Black Sea spring crops amid Russia-Ukraine war
A combine harvests wheat in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. Picture taken July 17, 2020. REUTERS/Valentyn...
China’s Russian coal purchases stall as buyers struggle to secure financing
By Muyu Xu and Chen Aizhu BEIJING/SINGAPORE (Reuters) – Chinese traders are scaling back imports of Russian coal as they struggle to secure financing from...
Harnessing the power of the wind: the future of cargo power?
As the industry switches to sustainable, alternative fuels, Airseas has turned to the power of the wind. Credit: Airseas. As the shipping industry switches to...
Expeditors reports profit windfall despite sliding ocean freight volumes
US-based freight forwarder and logistics provider Expeditors said Feb. 22 it registered significant earnings increases as logistical slowdowns continued to bolster global freight rates. “While...
AD Ports Group Acquires Divetech Marine Engineering Services
AD Ports Group has announced that it has acquired Divetech Marine Engineering Services, a UAE-based topside-subsea solutions provider that offers a range of services including...