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Ocean Transportation: Page 46

Finland Inspects Tanker Suspected of Damaging Undersea Cables

A subsea power link and four data cables were damaged December 25, after Eagle S sailed over them on the Gulf of Finland.

Photo: iStock / imaginima

U.S. Dockworkers, Port Employers Set to Restart Talks

The planned talks are a welcome sign for importers and exporters bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.

Photo: Bloomberg

Maersk Urges Cargo Removal from U.S. Ports as Labor Talks Continue

The ILA and USMX have until January 15 to come to a deal on a new collective bargaining agreement to avert another strike at U.S. ports.

Photo: iStock / Marina113

Egypt Tests New Extension for Suez Canal

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and impacted billions of dollars worth of trade.

Photo: iStock / IgorSPb

Congress Looks to Boost U.S. Shipbuilding Industry

The bill would require 10% of all import cargo into the United States from China to arrive on vessels built, flagged and crewed in the U.S.

Photo: iStock/sandsun

Port of Oakland Boasts Strong Finish to 2024

Data released by the port on December 26 shows that full imports increased by more than 13% year-over-year in November 2024.

Photo: iStock / JasonDoiy

First Supertanker to Be Scrapped in Two Years Is a Dark Ship

Tighter Western sanctions on shadow vessels have rattled the market, and prompted operators to leave these ships idle at sea.

Photo: Bloomberg

Finland Boards Tanker After Power and Data Cables Go Offline

12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel.

The shadow fleet tanker Turbo Voyager transits through Denmark’s Great Belt carrying Russian oil to India. Russia shipped 3.28 million barrels a day of crude to overseas markets in the four weeks to Nov. 17. Photographer: Carsten Snejbjerg/Bloomberg

Red Sea Disruptions Cost Egypt $7B in Suez Revenues

The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.

Photo: Bloomberg

Panama President Rallies Support for Canal After Trump Threat

Three Panamanian ex-presidents and Mexico’s new president, Claudia Sheinbaum, expressed solidarity with Mulino.

Jose Raul Mulino. Photographer: Jeenah Moon/Bloomberg

Trump Threatens to Take Back Panama Canal

Trump accused Panama of charging "exorbitant" fees to transit the canal, while stating that he will not let the waterway fall into the "wrong hands."

Several freighters, assisted by tugboats, entering the Panama Canal at Gatun Locks on the Atlantic side. Photo: iStock / searagen

Harland & Wolff Shipyard to be Bought by Spain’s Navantia

The sale, subject to regulatory approval, will secure 1,000 jobs at Harland and Wolff’s four shipyards, including at the iconic one that built the Titanic in Belfast, Northern Ireland.

Photo: Navantia

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