Investigators Set to Take Over as Bayesian Reaches Shore
The salvage of the wrecked superyacht Bayesian has been completed in two stages over the weekend after it was lifted…
OPEC: Tanker Market Showed Mixed Performance in May
The tanker market showed mixed performance during the month of May, but June is expected to be a completely different…
Suez Canal Responds as Chinese Heavy Lift Vessel Grounds
The Suez Canal Authority is highlighting its quick response to a grounding incident on Friday, June 20, as a Chinese…
Japan’s Ruling Party Has a $7B Restructuring Plan for Shipbuilding
As the U.S. considers policy proposals to revitalize a lagging shipbuilding industry, it is looking to Japan and South Korea…
Port Houston implementing reefer dwell fees to encourage container flow
The fees come as dwell times for refrigerated containers in Houston exceed a week and reefer volumes topped 10,000 TEUs…