The 130-ton Ever Forward cargo ship that has been mired in the mud of the Chesapeake Bay in Maryland for more than a month was dislodged and refloated early Sunday, according to the U.S. Coast Guard....
The 130-ton Ever Forward cargo ship that has been mired in the mud of the Chesapeake Bay in Maryland for more than a month was dislodged and refloated early Sunday, according to the U.S. Coast Guard....
(Bloomberg) -- Containers full of frozen food and chemicals are piling up at China’s biggest port in Shanghai as a Covid lockdown in the city and compulsory virus testing means truckers can’t get to the docks to pick up boxes....
The Port of Shanghai, the world’s largest, has been operating as usual and the port has not seen a backlog of container ships since February, the Shanghai International Port Group (SIPG) said on Saturday, in response to recent media reports claiming the port is suffering from serious delays and worsening congestion ...
Danish shipper Maersk MAERSKB.CO said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattles global supply chains....
U.S. exports of liquefied natural gas (LNG) set a record high in 2021, averaging 9.7 billion cubic feet per day (Bcf/d), according to our most recent Natural Gas Monthly. U.S. LNG exports increased by 50% from 2020. The increase in U.S. LNG exports was driven by increased demand in both Europe and Asia (particularly ...
The president is targeting shipping companies that have jacked up prices during the pandemic, but critics say bigger economic forces are at work....
There were 63 container ships waiting off East and Gulf Coast ports on Friday morning, plus another eight off the transshipment hub in Freeport, Bahamas — and it looks like it’s about to get worse....
A 1,095-foot Hong Kong-flagged container ship called Ever Forward remains stuck in the Chesapeake Bay after it ran aground on Sunday, the Coast Guard said....
Lucrative offers for Russian spot crude cargoes may look attractive at first glance, but Asian oil importers appear reluctant to close deals as they cautiously weigh shipping risks, bandwidth to absorb incremental supplies, and risks to sensitive bilateral relations with key trading partners....
All-inclusive container shipping rates from North Asia to North America fell sharply in the week ending March 3 amid pushback from shippers as bearish macroeconomic factors began to weigh on sentiment....