ocean shipping News Updates

Delaware Officials Pick New Operator for Port of Wilmington

Delaware officials have given the green light to Enstructure LLC to become the new operator of the Port of Wilmington,聽replacing GT USA Wilmington LLC.

July 18, 2023
Global Freight

IMO Countries Agree to Net-Zero Shipping Emissions by 2050

Maritime nations agreed July 7 to slash emissions from the shipping industry to net zero by about 2050 in a deal that several experts and nations say falls short of what鈥檚 needed.

July 7, 2023
Government, Business, Technology, Logistics

Buttigieg Promotes 鈥楪reen Corridors鈥 for Ocean Shipping

YOKOHAMA, Japan 鈥 An American push to establish 鈥済reen shipping corridors鈥 is key to reducing carbon emissions from the shipping industry, Transportation Secretary Pete Buttigieg said.

June 20, 2023
Government, Business, Safety, Logistics

Shipping Lobby Group Advises Caution on Climate Targets

An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.

May 4, 2023
Government, Business, Logistics, TCA

House Introduces Ocean Shipping Competition Enforcement Act

U.S. Rep. John Garamendi (D-Calif.) on April 24 introduced the Ocean Shipping Competition Enforcement Act, legislation he says will help the Federal Maritime Commission.

April 25, 2023
Business, Logistics, Global Freight

Maersk Suing Evergreen Over 2021 Suez Canal Blockage

Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel鈥檚 Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.

February 13, 2023
Business, Logistics, Global Freight

Maersk CEO Soren Skou Leaves, Will Be Replaced by Vincent Clerc

A.P. Moller-Maersk A/S CEO Soren Skou will step down and will be replaced by Vincent Clerc, the current head of the transport giant鈥檚 ocean and logistics business.

December 12, 2022
Business, Logistics

Port Leaders Optimistic Over Funding, Supply Chain

ORLANDO, Fla. 鈥 With an influx of funds expected to exceed $25 billion for rebuilding and expansion, the nation鈥檚 coastal and inland facilities are beginning a 鈥済olden age,鈥 port leaders say.

October 19, 2022
Business, Equipment

Record Ocean Shipping Costs Add to Auto Industry鈥檚 Supply Chain Woes

The car industry, already grappling with a shortage of semiconductors, is now seeing another source of supply chain concern: a lack of ships.

September 21, 2022
Business, Safety, Logistics

China COVID Lockdown Threatens US Trucking Sector

China has put several cities back into lockdown because of coronavirus, which could disrupt shipments headed for the U.S.

September 15, 2022