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Think Tank
Ocean Transportation: Page 58
Maersk Joins Study to Look into Nuclear-Powered Container Ships
The study will be conducted by maritime services firm Lloyd's Register and nuclear engineering company Core Power.
Port of Los Angeles Handles Record Cargo Volumes in July
Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.
Trio of West Coast Ports Added to DOT Supply Chain Data Platform
The Department of Transportation's FLOW initiative was first launched in 2022 as a response to disruptions brought on by the pandemic.
Oil Tanker Attacked Three Times in Single Day in Red Sea
Houthi rebels have not claimed responsibility for the attacks, but have targeted at least 70 other ships in the Red Sea since October of 2023.
Thailand Races to Stop Toxic Waste Cargo on MSC, Maersk Ships
Thailand and other Southeast Asian countries have seen an influx of trash from developed countries, from dirty plastic to industrial and electronic waste.
Port of Ulsan Signs $17.6M Deal to Expand Green Fuel Storage
The port plans expand its storage capacity for liquified natural gas, and set up corridors to provide that fuel to other shipping hubs across South Korea.
Shipping Industry 'Struggling to Keep Up' With Pressure to Cut Emissions
Starting in 2025, the EU will start requiring shipping companies to surrender their carbon credits covering 40% of their reported emissions.
South Africa Can Fix Backlogged Ports in a Year, Minister Says
The collapse of rail, ports and other infrastructure — exacerbated by years of poor governance — have hamstrung Africa’s most industrialized economy.
Houthi Rebels' Attack on Container Ship Is First in Two Weeks
Houthis launched a missile at the Liberian-flagged
Groton
on August 4, shortly before the Yemeni rebel group said that it had also shot down a U.S. spy drone.
Maersk Sees Global Trade Disruptions Lasting Throughout 2024
The extra vessel capacity needed to sail around Africa has pumped up freight rates at a time when the market was entering a post-pandemic slump.
Port of LA Struggles With Shift in Power Supply
The problem threatens the bid to phase out diesel-powered machinery by 2030, because the shift means cargo-handling companies are becoming more dependent on the electric grid.
Drug Seizures Rise at Mexico Ports Amid Fight With Cartels Over Shipping Hubs
Drug cartels typically rely on Chinese suppliers to smuggle precursor chemicals in shipments to ports they control up and down Mexico's coast.
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