Here are the ports and shipping companies impacted by the global CrowdStrike software outage
Maersk and port facilities in Poland, the US and UK are among terminals affected by IT bug
Baltic index posts weekly loss as capesize rates fall
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, posted a weekly decline…
China faces soybean glut as peak US export season nears
China is facing an oversupply of soybeans as record high purchases boost stockpiles at a time when animal feed demand…
Iron ore posts weekly loss on lack of China stimulus, demand outlook
Iron ore futures prices fell on Friday to post a weekly loss, as a lack of concrete stimulus from top…
Video: Container Fire Burning on Maersk Containership Off India
Maersk and the Indian Coast Guard are confirming that a firefight is underway aboard one of the company’s chartered vessels…
SS United States Asks Court for More Time as Search for Pier Continues
Faced with a deadline now just 55 days away, the SS United States Conservancy filed an appeal with the District…
German Retailer Lidl Beats Odds Building Niche Shipping Line
German retailing giant Lidl, part of the Schwarz Group, the fifth-largest retailer in the world, surprised many in the shipping…
Houthis Hit Singapore-Registered Containership Bound for Somalia
The authorities in Singapore and the UK Maritime Trade Operations confirmed that a Singapore-flagged containership sustained minor damage in the…
Japan core inflation perks up in June, keeps BOJ rate hike hopes alive
Japan’s core inflation accelerated for a second straight month in June, data showed on Friday, extending a more than two-year…
UK GfK consumer confidence edges up to near 3-year high
Confidence among Britain’s consumers inched up to its highest in almost three years this month, but the change in government…