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ocean shipping
Business, Logistics, Global Freight, Top 50

Ocean, Airfreight Volumes Falter in Rocky 2023

Container ship in New York

Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.

Mike Senatore | Features Coordinator
November 1, 2024
Business, Logistics, Global Freight

Global Shipping Stocks Sink After Dockworkers Pause Strike

Long Beach

Shipping stocks slumped worldwide after a strike by U.S. dockworkers was suspended after only three days, spurring predictions of a decline in the price of transporting goods by sea.

Bloomberg News
October 4, 2024
Business, Technology, Fuel, Logistics

Ammonia-Powered Tugboat Shows How to Cut Shipping Emissions

Amogy tugboat

KINGSTON, N.Y. — A tugboat powered by ammonia eased away from the shipyard dock and sailed for the first time to show how the maritime industry can slash carbon dioxide emissions.

Jennifer McDermott and Michael Hill | Associated Press
September 24, 2024
Business, Logistics, Global Freight

MSC CEO Soren Toft Rules Out New Shipping Alliance

Soren Toft

MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.

Alessandro Speciale | Bloomberg News
September 10, 2024
Business, Technology, Logistics, TCA

World’s Largest Sailing Cargo Ship Crosses the Atlantic

Anemos ship

The largest sailing cargo ship in the world has made its maiden voyage across the Atlantic Ocean. Its shipments have a carbon footprint one-tenth that of a standard containership.

Jeremy Hsu | New Scientist
September 4, 2024
Government, Business, Safety, Logistics

Global Shipping Strains Spark Fears of an Inflation Comeback

containership

Merchandise trade is withstanding its first post-pandemic shock, with no noticeable flareup of global consumer prices. But that’s not guaranteed to last if snarls prove long-lasting.

Brendan Murray and Enda Curran | Bloomberg News
July 18, 2024
Business, Logistics

World Container Shipping Rates Keep Rising

Singapore port

Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.

Brendan Murray | Bloomberg News
June 14, 2024
Business, Logistics, Global Freight

Some Shipping Container Costs Hit $10,000

CMA CGM ship

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.

Brendan Murray | Bloomberg News
May 29, 2024
Government, Business, Safety, Logistics

Containership Hit Far in Arabian Sea; Houthis Claim Attack

Map of Yemen

JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.

Jon Gambrell | Associated Press
April 30, 2024
Business, Logistics

US Ports Report Continued Volume Gains in First Quarter

Port of Long Beach

U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.

Connor D. Wolf | Staff Reporter
April 30, 2024

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