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Ocean Transportation: Page 41

Houthis Threaten to Resume Attacks in Red Sea

The group agreed to cease its strike against ships in the region in January, but warned at the time that "any aggression" from other nations would lead to further attacks.

Photo: iStock / JeanUrsula

Police Arrest Russian National After Cargo Ship Hits Tanker in North Sea

Local police say that they plan to continue to speaking to anyone involved in the incident, but have not released any other details on the identity of the man arrested.

Photo: iStock / georgeclerk

Retailers Rush Goods to U.S. Ports as Costs Loom

U.S. ports handled just over 2.2 million twenty-foot-equivalent units in January, marking an increase of 4.4% from December, and 13.4% year-over-year.

The Port of Newark. Photo: iStock/EXTREME-PHOTOGRAPHER

Blazing Tanker Spills Jet Fuel After Accident Off U.K. Coast

The crew of the tanker, the Stena Immaculate, abandoned the vessel after multiple explosions on board following the March 10 crash.

Photo: Bloomberg

Ocean Carriers Get Tough on Freight Rates — But Can They Hold the Line?

An endless series of crises roiling ocean shipping in the post-COVID 19 era is resulting in a change in “carrier DNA.”

Photo: iStock / Suphanat Khumsap

Shipping Line CMA CGM to Invest $20B in U.S.

Chief executive Rodolphe Saadé has in recent years taken a significant portion of his quick-paced expansion spree to the U.S.

Rodolphe Saadé. Photo: Bloomberg

CMA CGM Debuts its First Methanol-Powered Ship

CMA CGM Iron was built as part of a $2 billion, 12-ship deal with South Korea's Hyundai Samho Heavy Industries, and has a capacity of 13,000 TEUs.

Photo: iStock / Baloncici

Fink Phoned Trump Directly to Pitch BlackRock’s Panama Deal

As Trump publicly complained about China’s influence over the canal, Panama’s government weighed whether to cancel its contract with CK Hutchison to operate the ports.

Larry Fink, chairman and CEO of investment firm BlackRock. Photo: Bloomberg

Panama’s President Accuses Trump of Lying to Congress Over Canal

Trump told lawmakers in Washington on March 4 that Panama had broken the agreements it made when it took over the waterway a quarter-century ago.

A ship in the Cocoli Locks of the Panama Canal in Panama City. Photographer: Tarina Rodriguez/Bloomberg

Chinese Company to Sell Stake in Panama Canal Ports

U.S. president Donald Trump recently accused the Panamanian administration of allowing China to control the Panama canal.

Panama Canal, Panama. Photo: iStock / Marina113

Ag Shippers: New Shipbuilding Rules Would Make U.S. Exports 'Unaffordable'

The proposal would require at least 15% of U.S. exports to be shipped using U.S.-flagged vessels, and 5% of all U.S. exports on U.S.-built vessels.

Photo: iStock / Smederavac

Spoof Ad Highlights Problems with ‘Green’ LNG as Maritime Fuel

There are no easy answers in the search for fuels that will help achieve the International Maritime Organization’s net zero greenhouse gas emissions target for the industry by mid-century.

Photo: iStock.com/Arkadij Schell

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