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Three More Ever Given Crew Members Cleared to Go Home

Apr 29, 2021

Three crew members aboard the cargo vessel that blocked global shipping in the Suez Canal last month will be allowed to return home, the ship’s manager said on Thursday.The Ever Given has been anchored in a lake between two sections of the canal…

CDC 'Committed' to Restarting US Cruise Operations by Mid-summer

Apr 29, 2021

The U.S. Centers for Disease Control and Prevention (CDC) is “committed” to the resumption of cruise industry passenger operations in the United States by mid-summer, the agency said on Wednesday, announcing new steps to speed approvals.The…

Suez Canal Hopes for Deal on Detained Ever Given

Apr 26, 2021

The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and insurer of a giant container ship which is still being detained since it blocked the waterway for six days last month.The…

Ever Given's Insurer Appeals Detention by Egypt

Apr 23, 2021

UK P&I Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian court over the detention of the vessel by authorities.The Ever Given has been anchored in…

US FMC Eases Service Contract Filing Requirements

Apr 20, 2021

Shippers and carriers will soon have more flexibility in meeting service contract filing requirements as the result of a rule change approved by the U.S. Federal Maritime Commission (FMC) going into effect on June 2, 2021.The final rule amends…

Coverage for Suez Canal Supply and Trade Disruptions

Apr 14, 2021

The six-day blockage of the Suez Canal by the Ever Given has resulted in numerous trade and supply chain disruptions for businesses that depend on timely shipments. At least 400 cargo ships were stuck and many forced to reroute. Businesses may…

Ever Given Held in Egypt as Compensation Talks Continue

Apr 13, 2021

A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim made to the vessel’s owner Shoei Kisen, an official from the Japanese company said on Tuesday…

Reinsurers Set to Bear Brunt of Costs for Suez Canal Grounding

Apr 08, 2021

Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars.International supply chains were thrown…

Cocaine Seized From Bulker Anchored Near Annapolis

Apr 01, 2021

More than 44 pounds of cocaine was seized from a Marshall Islands-flagged bull carrier anchored in the Chesapeake Bay near Annapolis, Md., on Wednesday.The drugs were discovered during an early morning examination by officers and agents from the DEA…

Global Reinsurers Stare at Massive Losses from Suez Canal Blockage

Mar 29, 2021

The blocking of the Suez Canal by one of the world’s largest container ships is likely to result in losses worth hundreds of millions of euros for the reinsurance industry, Fitch Ratings said, even as rescue teams were successful in partially refloating the vessel on Monday…

Stranded Suez Ship's Owner, Insurers Face Millions in Claims

Mar 24, 2021

The owner and insurers of one of the world's largest container ships stuck in the Suez Canal face claims totaling millions of dollars even if the ship is refloated quickly, industry sources said on Wednesday.The 400-metre, 224,000-tonne Ever…

Seafarer Vaccination Conundrum a 'Legal Minefield', ICS Says

Mar 23, 2021

Seafarers' lack of access to vaccinations is placing shipping in a 'legal minefield', while leaving global supply chains vulnerable, warns the International Chamber of Shipping (ICS).The organization is planning to circulate a legal document…

Congress Provides Last-minute Help for Small Inland and Coastal Ports

Mar 18, 2021

In two major pieces of legislation passed by Congress at the end of 2020 and the beginning of this year, Congress addressed the difficulty that many smaller inland and coastal ports have in obtaining funding for their infrastructure projects…

Katherine Tai Confirmed by Senate as US Trade Chief

Mar 17, 2021

The U.S. Senate on Wednesday voted unanimously to confirm veteran government trade lawyer Katherine Tai as the first woman of color to serve as U.S. Trade Representative, putting her to work enforcing trade deals, confronting China’s trade practices and patching up ties with U…

Panama Asks IMO for Help in China's Coal Carrier Dispute with Australia

Mar 16, 2021

Panama is urging the International Maritime Organization (IMO) to step in to help stranded seafarers and shipowners wrapped up in a trade dispute between China and Australia.Some 74 vessels loaded with Australian coal and more than 1,500 mariners…

Logistics News

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

OpEd: Shipping Seeks Safe Waters in Era of Deadly Geopolitics

OpEd: Shipping Seeks Safe Waters in Era of Deadly Geopolitics

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

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