WSF reports surge in 2024 ridership The largest ferry service in the U.S., Washington State Ferries (WSF), welcomed nearly 500,000 more people aboard last year compared to the year before. Ridership for the year was more than 19.1
LDA and Vattenfall in long term three-SOV agreement Swedish-headquartered energy company Vattenfall has selected France's Louis Dreyfus Armateurs (LDA) to build, own, and operate up to three Service Operation Vessels under long-term contracts. LDA was selected following a complex and
Grounded bulker Algoma Verity successfully refloated U.S. Coast Guard Fifth District reported Saturday that the M/V Algoma Verity had been refloated and was moored at Tioga Marine Terminal, approximately two miles north of Philadelphia's Benjamin Franklin Bridge on
Container lines on track for yet another quarter of high profits Container stocks are falling because spot rates are declining and a US port strike has been averted. But when the...
Ingosstrakh says US sanctions on marine insurer undermine maritime safety Two of Russia's main providers of marine insurance for shipping Russian oil are now under US and UK sanctions
First signs of post-sanctions stranded Russia oil cargoes emerge at Chinese ports With more than half of Russian crude last month shipped on tankers now sanctioned, oil producers are expected to recalibrate...
Watch aftermath of Israel's attack on Yemeni port The Israeli Defence Force confirmed it was responsible for the attack which followed 'repeated UAV and surface-to-surface missile attacks against...
DryDel Shipping opens commercial office in Houston DryDel Shipping USA will initially focus mainly on agriproduct and pet coke cargoes for ultramax and handymax tonnage
Idan Ofer to acquire up to 8.5% of green fuel tech firm SulNox 'Transformative' deal with owner of containerships, tankers, bulkers and car carriers includes use of fuel additive on at least 30...
Seafarer abandonment cases spike in 2024 An alarming increase of 118% in cases of seafarer abandonment has been reported to the IMO/ILO database last year, which...
Ships being circulated for recycling on the rise 'We are approaching a period of potential increased flow of recycling tonnage, but at present uncertainties prevail at multiple fronts...
The week in charts: One cable cutting vessel has three separate digital identities | Panama Canal sees rising ship traffic | US sanctions over 180 vessels Taiwan is looking for one vessel, not three, for cable cutting; Panama Canal transits were up up 6% in December...
Sanctioned tonnage lifted 56% of Russian crude in December More than 200 Russia-trading tankers have been sanctioned by Western regulators in the past three weeks, mostly targeting crude tankers
Cosco Shipping rides market tailwinds to 2024 earnings bonanza CSH has highlighted Red Sea disruptions as a key market factor, which has led to a shortage of effective shipping...
The week in newbuildings: Elbdeich Reederei adds to regional feeder boxship orderbook Orders for two bulk carriers, two boxships, a pair of offshore construction vessels, three gas carriers and 12 tankers recorded...
OOCL posts bumper 2024 results thanks to late surge Healthy transpacific and Asia-Europe rates mean OOCL registered a 30% growth in revenue despite a modest increase in liftings
The Daily View: Biden's parting gift Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Countries call on IMO to regulate against biofouling Several countries have called in an MEPC submission for biofouling regulations to minimise the transfer of invasive species, saying global...
South Korea launches $680m green fuel infrastructure fund First project involves constructing additional liquid cargo storage facilities at Hyundai Oil Terminal in Ulsan. The port has been designated...
All crew rescued after Malaysian tanker sinks near Singapore All eight crew members were safely evacuated, and navigational traffic through the Singapore Strait remains unaffected, according to the MPA
Bulker grounded in Delaware river refloated A bulker that ran aground in the Delaware river on Wednesday was refloated on Saturday and moved to the Tioga...
Daily Briefing Dark fleet tactics evolve as tankers take on multiple interchangeable digital identities | Going out with a bang: US sanctions...
Two US shippers latest to allege carriers bumped contract cargo to spot market The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.
Trucking rates out of US ports rise on frontloading, cargo shift Shipper-paid spot truck pricing from major US ports rose faster than the average US rate in late 2024 as importers prepared for a potential longshore strike.
CBP seeks industry input on rules curbing low-value shipment abuse The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.
Indian forwarders seek clarity on spot booking program for Gemini Europe sailings Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for February voyages from India to Europe.
Ocean Alliance network to grow trans-Pacific, Asia-Europe coverage The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a version via the Suez, it said the Africa diversions will continue until further notice.
EPA awards $1 million to New Orleans container port project The Environmental Protection Agency has awarded the public-private Louisiana International Terminal project $1 million toward its Sustainability Management Plan.
All-cargo airlines expand capacity on Europe-Asia routes to start 2025 Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
Overhaul secures $55M in funding to accelerate growth Supply chain visibility firm Overhaul raised $55 million in funding to finance technology growth and acquisitions.
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