Globalization is having an anniversary. It was 50 years ago that Malcom McLean, an entrepreneur from North Carolina, loaded a ship with 58 35-foot containers and sailed from Newark, N.J., to Houston.
Tuesday’s announcement of Operation Prosperity Guardian, a joint military operation to protect commercial shipping in the Red Sea, was met with skepticism — and jokes about the Seychelles, a popular ...
The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
A prosperous, open and secure South China Sea has been providing strong support for the stability of global industry and ...
The Red Sea security situation has slashed container ship traffic in the region by more than half, which experts say has “completely shifted the trajectory of the container market,” while transits of ...
Container shipping rates for key global routes have soared this week, with U.S. and U.K. air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world’s ...
Shipping tends to be cyclical, though not all forms of transport are affected equally. After a disastrous 2015, bulk carriers remained in an unprecedented slump and containers were only slightly ...
A stowaway stuck on a Greek-controlled boxship jumped into the Aegean Sea rather than let the vessel return him to Egypt. The ...
The trial of a civil claim against the owner of a container ship that collided with a US tanker in the North Sea will not be held before October next year, the High Court has heard.
A Chinese-registered bulk carrier is being investigated for potentially damaging two subsea cables in the Baltic Sea. The Yi Peng 3 sailed over both the C-Lion1 Helsinki-Rostock cable and the BCS East ...
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Stena Immaculate: Trial of civil claim over North Sea tanker collision could be held in 2026
The trial of a civil claim against the owner of a container ship that collided with a US tanker in the North Sea will not be ...
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