Logistics > Ocean Transportation | SupplyChainBrain

Ocean Transportation: Page 19

Crippled Russian Shadow Tanker Poses Environmental Danger to Mediterranean

It is now two weeks since the Arctic Metagaz was badly damaged by a series of explosions and fire, and the crew was rescued.

Photo: iStock.com/IherPhoto

Shipping Insurance Costs to Cross Hormuz Soar After Ship Attacks

While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.

An oil tanker in the Strait of Hormuz. Photographer: Kaveh Kazemi/Getty Images

U.S. Says It's 'Allowing' Iranian Tankers Through Strait of Hormuz

"We want the world to be well supplied," Treasury Secretary Scott Bessent said in an interview with CNBC.

Photo: iStock / 35007

U.S., Iran Keep Up Strikes as Trump Mulls Possibility of Deal

The Islamic Republic hasn’t asked for talks or a ceasefire after Trump told NBC on March 14 that he’s willing to make a deal but wants better terms.

Photo: iStock/TexBr

Is Nuclear Power the Future of Containership Propulsion?

Nuclear propulsion could save up to $68 million in annual operating costs per container vessel, according to the report.

Image: iStock/bymuratdeniz

Greek Oil Tanker En Route to Russia Attacked in Black Sea

The attack on the Greek ship may be linked to “the pressure that countries in the region are applying,” Greek shipping minister Vasilis Kikilias said.

Photo: iStock / HeliRy

Two LPG Ships Sail Through Hormuz to Shortage-Hit India

The two ships were allowed passage through the strait — which has been all but closed for nearly two weeks — after a deal between New Delhi and Tehran.

India has been suffering acute shortage of LPG, used for cooking and industrial processes. Photo: iStock/pixelfusion3d

ILO and BIMCO Collaborate on Injury Scheme for Ship Recycling Workers

The EIS Pilot has been successfully implemented in the Ready-Made Garment sector in Bangladesh where it covers around four million workers and continues expanding to other sectors.

Bangladeshi shipbreaking yards often take shortcuts on safety measures, dump toxic waste directly onto the beach and the surrounding environment, and deny workers living wages, rest, or compensation in case of injuries, according to Human Rights Watch. Photo: iStock/alexeys

Strait of Hormuz Closure Continues to Drive Surge in Oil Prices

Any prolonged closure of the Strait of Hormuz threatens to tighten global energy supplies with each passing day.

Photo: iStock / peshkov

U.S. Weighs Plan to Waive Jones Act in Bid to Tame Spiraling Fuel Prices

The 30-day exemption, which is still being developed, is set to apply broadly to vessels moving oil, gasoline, diesel, liquefied natural gas and fertilizer among U.S. ports.

Photo: Bloomberg

Maersk Says it Will Pass War Costs on to Customers

Since the U.S.-Israel war with Iran began, transportation through the vital Strait of Hormuz route has come to a standstill, briefly driving oil prices up close to $120 a barrel.

Photo: iStock / peshkov

China’s Cosco Halts Panama Port Operations as Tensions Rise

The Balboa port is one of two terminals along the strategic Panama Canal that have become a flashpoint in the rivalry between the U.S. and China.

The Port of Balboa in Panama City. Photographer: Walter Hurtado/Bloomberg

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