Welder at NASSCO Yard Gets Prison for Stealing Destroyers’ Computer Gear
A welder who worked at the General Dynamics NASSCO yard has been sentenced to prison for stealing computer equipment worth…
China’s GDP recovery likely lost steam in Q2 as consumption sags
China’s economy likely grew 5.1% in the second quarter from a year earlier, slowing from a strong start in the…
CMA CGM Vessel Loses 44 Containers Overboard in South African Storms
Heavy seas and strong winds are continuing to batter shipping along the South African coast and the massive containerships on…
ClassNK Releases Annual Report on Port State Control
ClassNK has released its annual report on Port State Control. The report is prepared to enhance awareness of the present…
Asia-USWC spot rates edge lower as new capacity takes edge off overheated market
Forwarders expect the rate decline to accelerate in the coming weeks after carriers launched or reinstated 10 services into the…
India boosts Russian grain imports as Modi thanks Putin for fertilizer supply
India increased its imports of Russian grain and grain products 22 fold, well above other major importers, in the 2023/24…
Russia boosts LPG rail exports to China by almost a third in H1, Reuters calculations show
Russia cranked up liquefied petroleum gas (LPG) exports to China via rail by almost a third in the first half…
High ocean rates slam brakes on European imports of low-margin goods
Some imports from Asia are being priced out of the market with container shipping costs on the westbound trade almost…
Software vendors eye ocean bookings as linchpin for broader digitization
While the industry has focused on areas like tracking and quoting, advancements in booking technology portend new potential for digitizing…