This week, the Drewry World Container Index stayed the same at $1,852 for a 40-foot container. Falling rates on Transpacific routes were balanced out by risin...
Read MoreThis week, the U.S. Coast Guard Cutter Stone delivered about 49,010 pounds of illegal drugs worth over $362 million at Port Everglades. This marks the largest...
Read MoreSEOUL, Nov 20 – South Korea's coast guard started an investigation on Thursday into a ferry that ran aground. They arrested the first officer and an Indonesian...
Read MoreCompetition to boost maritime trade between China and Peru is intensifying with the opening of a new Chinese-owned port on Peru's Pacific coast. MSC Mediterr...
Read MoreThe US ports sector is preparing for a tough year ahead due to tariffs, unpredictable policies, and declining consumer demand, which could reverse recent growt...
Read MoreThe Department of the Interior has announced a major change to the country's offshore oil and gas leasing system. They are directing the Bureau of Ocean Energy...
Read MoreSEOUL, Nov 19 (Reuters): A South Korean passenger ferry with 267 people on board ran aground on Wednesday near the southwestern coast of the Korean peninsu...
Read MoreThe crude tanker industry is currently seeing its biggest shipbuilding boom in almost ten years. The ratio of orders to the existing fleet has risen to 14.1 p...
Read MoreThe U.S. Federal Maritime Commission (FMC) has wrapped up two enforcement actions, resulting in $1.35 million in fines from a major shipping company and a non-...
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