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Ocean Transportation: Page 112

Suez Ship’s Owner Braces for ‘Thousands’ of Legal Claims

The owner of the Ever Given — the cargo ship that blocked the Suez Canal for almost a week, hampering global trade and roiling markets — expects to be hit with “many hundreds or thousands” of legal claims.

The Ever Given container ship departs the Suez Canal in Egypt on July 7. Photo: Bloomberg.

Top U.S. Ship Regulator Pledges to Keep Pressure on Carriers

President Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying record-high rates for ocean freight, a market that a growing number of importers complain is dominated by just a few big players.

Shipping containers on a cargo ship at Bayonne Terminal in Bayonne, New Jersey. Photo: Bloomberg.

Shipping Chaos Kills 1,800 Cows, Fueling Calls for Animal Ban

The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.

Photo: Bloomberg

Egypt Waves Goodbye to Suez Canal Saga With Payoff and a Party

For a nation that provides safe passage for so many ships through its waters, Egypt is reserving rather special treatment for the Ever Given.

The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.

Cargo Congestion Argues for Early Christmas Shopping This Year

Here are six shipping signals to watch in the second half of the year.

Photo: Bloomberg

Dachser Mexico Deepens Trade Partnership with Brazil with New LCL Service

Dachser Mexico has announced a new less-than-container load service between the port of Altamira, Mexico and the port of Santos, Brazil.

U.S. Ship Jam Lingers as Port Woes Stretch From China to Germany

Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with COVID-19 outbreaks and other constraints on their capacity to keep containers moving across the global economy.

0610 Shipping Snarls

Suez Canal, Ever Given Ship Owners Reach Compensation Deal

Egyptian officials and owners of the giant Ever Given vessel that blocked the Suez Canal earlier this year have reached a preliminary deal over compensation, according to the ship’s representatives.

Satellite image from Cnes2021, Distribution Airbus DS, shows cargo ship Ever Given stuck in the Suez Canal near Suez, Egypt, Thursday, March 25, 2021.

DHL Adds Sustainable Marine Fuel Option for Full-Container Load Shipments

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has introduced a Sustainable Marine Fuel service for Full-Container Load ocean freight shipments.

China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos

The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.

Container ships are moored near the Port of Nansha in Guangzhou, China. Photo: Bloomberg.

Watch: What’s Happening at the Top U.S. Ports?

Mark Segner, vice president of global sales with Descartes Datamyne, delves into the findings of the firm’s latest report on the top 30 ports in the U.S.

What’s Happening at the Top U.S. Ports?

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

The costs are already being passed to consumers.

A dockworker monitors a shipping container being loaded onto a freight train at Behala inland port in Berlin, Germany. Photo: Bloomberg.

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