FMC Implements New Rule on Cargo Refusals
The U.S. Federal Maritime Commission (FMC) has published its final rule outlining the criteria for lodging…
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US
US-Led Operation to Safeguard Red Sea Shipping Faces Political Hurdles
Countries hesitate to support the operation to safeguard shipping in the Red Sea due to Political hurdles, to be…
Houthi Military targets ships calling Israeli ports
Houthi military spokesperson said that any ship sailing through the Red and the Arabian Sea, calling Israel would…
Maersk back away from US Tanker Military contracts
Maersk is divesting its U.S. flagged tanker fleet and select military contracts to Maritime Partners, according to…
Port Throughput Plummets in Europe and the US
Port Throughput Plummets in Europe and the US as Economic Contractions Take a Toll, Chinese Ports Buck the Trend…
LWU Ratifies Six-Year Labor Contract, Ending West Coast Port Disruptions
75% of LWU Membership Approves Agreement Covering 22,000 Workers Across 29 West Coast Ports, according to…
Maersk has violated merger regulation and faces fines
The merger required approval from the Danish competition authority, Maersk violated regulation and might face…
ONE increases stake in California’s terminals
The Japanese, Ocean Network Express (ONE) increases its ownership in International Transportation Inc (ITI), a US…
US Banks downgrade stock value of COSCO Shipholding and OOIL
US Banks JP Morgan and Morgan Stanley Issue Divergent Forecasts for COSCO Shipholding and OOIL Amidst Market…
Alphaliner: US Lawmakers Attempt to Repeal Antitrust Immunity
According to Alphaliner, US lawmakers are seeking a new attempt to repeal antitrust immunity after receiving no…