Coast To Coast
Blaze-Hit TSS Pearl Sinks In Red Sea After Crew Abandon Ship
The TSS Pearl, a small containership that suffered a major cargo fire just forward of the crew accommodation, has sunk...
Russia Threatens to Exit Black Sea Grain Deal Over Fertilizer Exports
Russia is prepared to quit the Black Sea grain deal if its concerns about its own agricultural exports are not...
Panama Canal Collects $ 9M More Than Budgeted In August
The month of August closed with extraordinary results for the Panama Maritime Authority (AMP), a surplus of $9M over the...
Evergreen Joins Compatriot Lines In Renegotiating Shipping Contract Rates
Evergreen has followed its fellow Taiwanese carriers, Yang Ming and Wan Hai, in beginning to renegotiate contract terms with shippers....
Supply/Demand Balance At 2019 Level As Container Volumes Fall 4.6% Y/Y
Since July 2020, the container market has benefitted from a surge in consumption of goods compared to pre-COVID levels, and...
Container Carrier Schedule Reliability Reaches 20-Month High
After more than a year and a half when only a third of containerships were reliably on schedule, the industry...
Hapag-Lloyd Splashes $1 Billion On SAAM’s Port Terminals & Logistics Business
German liner shipping company Hapag-Lloyd has signed a binding agreement with Chilean operator of port, towage and logistics services Sociedad...
Smuggler Charged With Assault After Interdiction Off Puerto Rico
The crew of the Coast Guard Cutter Winslow Griesser offloaded 330 kilos of cocaine in San Juan, Puerto Rico, after...
Norway Limits Port Access for Russian Fishing Vessels
Norway said it would impose limits on Russian fishing vessels using its ports, in a further tightening of security following...
COSCO Bid For Stake In Hamburg Box Terminal Still Hangs In The Balance
Uncertainty remains over the purchase of part of Hamburg’s Container Terminal Tollerort (CTT) by Cosco. Port operator HHLA told The...
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