Marine

Marine

Almost 70 vessels blocked in ports of Ukraine, six ships under foreign flag in Mariupol

portnews - May 9, 2022

Almost 70 vessels have been blocked in the seaports of Ukraine, six foreign-flagged ships are blocked in the Mariupol seaport, Deputy Minister of Infrastructure...

Finance

MARAD: $25 million available for America’s Marine Highway Program

portnews - April 27, 2022

U.S. Secretary of Transportation Pete Buttigieg. “Today’s announcements are an important step in the administration’s Port Action Plan to strengthen our supply chains, modernize...

Companies

OOCL puts on full sail for Asia-Europe market growth in 2022

portnews - April 27, 2022

OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carrier’s aggressive market...

Marine

Russia Faces Drop in Cargo Traffic, Container Deficit

portnews - April 27, 2022

Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in...

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GE Shipping targets $40,/day from each of its vessels next year

U.S. natgas drops 5% to 25-month low on forecasts for less heating demand