The National Retail Federation, an industry trade group, issued its monthly report on expected import volumes through the major U.S. container ports, projecting that volumes will fall below two million TEU per month and continue a steady decline through the first...
As the global VLCC community gathers in Dubai for Bahri Week, all eyes are once again on OPEC and Middle East production policy. OPEC+ members, led by Saudi Arabia, have begun unwinding their voluntary production cuts, and the return of supply is reshaping momentum...
The Greek-owned tanker Hellas Aphrodite was liberated on the afternoon of November 7, more than 24 hours after the vessel was boarded by pirates off the coast of Somalia. EUNAVFOR Atalanta reports that the 24 crewmembers are safe, having been able to remain...
The National Retail Federation, an industry trade group, issued its monthly report on expected import volumes through the major U.S. container ports, projecting that volumes will fall below two million TEU per month and continue a steady decline through the first...
Residents are complaining of odors, and animal rights groups are protesting the situation, as Turkish officials continue to deny the offloading of a livestock carrier for more than two weeks. Problems with the documents for the animals aboard have caused the ship to...
Poor bridge resource management was a leading factor in the allision of the Maersk Shekou with the moored tall ship Leeuwin II in Fremantle last year, according to the Australian Transport Safety Bureau. In the early hours of August 30, 2024, Maersk Shekou was...
