U.S. President Joe Biden on Thursday urged Congress to “crack down” on ocean carriers that have raised shipping prices significantly and helped drive up the cost of goods in the country.“One of the reasons prices have gone up is because a handful…
The theme of Maritime Risk Symposium (MRS) 2022 is “The Importance of Inland Systems to the MTS.” The global MTS consists of numerous inland networks that connect the major transnational and inland ports. The United States has more than 25,000 miles of navigable waters…
A explosion occurred on Wednesday at the Freeport LNG liquefied natural gas plant on the Texas Gulf Coast, according to police, and prompting an evacuation of nearby residents in Quintana, Texas.The plant can process up to 2.1 billion cubic…
Glenn Richey, the Raymond J. Harbert Eminent Scholar and chair of the Department of Supply Chain Management in Auburn University’s Harbert College of Business, comments on record gas prices and how the Biden administration needs to work with…
A new port container barge concept being offered by Durban's Sandock Austral Shipyards aims to improve the way containers are handled in South Africa’s ports, ultimately leading to less road congestion and faster turnaround times for imports and exports…
The U.S. Federal Maritime Commission (FMC) said it is establishing three new initiatives that will provide enhanced assistance to shippers, continue to improve legal and regulatory compliance of regulated entities, and focus on remedies to supply chain problems…
Kongsberg Digital and MSC has signed a contract for digitalizing MSC’s entire fleet consisting of approximately 500 vessels with Vessel Insight.“This is a very important contract for MSC as making our fleet more sustainable is one of our top priorities…
The Federal Maritime Commission approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG (Hapag-Lloyd) where the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices…
Ukrainian President Volodymyr Zelenskiy warned that millions of people could starve because of a Russian blockade of Ukraine's Black Sea ports which he said had left the world 'on the brink of a terrible food crisis.'Russia has seized large parts of Ukraine's coast…
China will make port operations more efficient and hold more online trade fairs, among new measures to ease pressure on foreign trade, Vice Commerce Minister Wang Shouwen said on Wednesday. Export growth in the world’s second largest economy slowed to single digits in April…
Police in Bangladesh on Wednesday opened an investigation into eight officials from a shipping container depot after a blaze killed at least 44 people, including 10 firefighters, and injured around 200 others, officials said.Firefighters put out the blaze at the depot in Sitakunda…
The Ports of Indiana-Jeffersonville said it has completed $24 million in infrastructure enhancement projects following a $10 million Transportation Investment Generating Economic Recovery (TIGER) grant received in 2015 initiating big changes in Jeffersonville…
Dave Clark, the Amazon.com Inc executive who built a delivery arm to rival major cargo companies, will join logistics technology startup Flexport as chief executive in September, he said Wednesday in a LinkedIn post.Amazon announced last week…
Liebherr has launched a new line of mobile harbor cranes featuring more digital technologies, improved efficiency and modern exterior design.The main innovation of the new LHM crane series is the implementation of the 'Master V' crane control system…
The United States' largest dredging contractor, Great Lakes Dredge & Dock Corporation, announced Tuesday that it has exercised its option to build a second 6,500-cubic-yard-capacity trailing suction hopper dredge (TSHD) at Conrad Shipyard in Amelia…