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Maritime News
Philippines Works to Refloat Tanker Driven Ashore in Storm
The Philippine Coast Guard is monitoring the situation as efforts are underway to refloat a tanker that went ashore in…
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Maritime News
Expeditors Beats Q1 Profit Estimates, Demand Driven by Tariff Anticipation
Global freight forwarder Expeditors International of Washington reported first-quarter earnings above Wall Street estimates on Tuesday, driven by companies pulling…
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Marine World
McCown: U.S. Import Surge Driven by Real Demand, Not Frontloading
The top ten US ports reported a 14.2% year-over-year increase in inbound container volume for January 2025, continuing a sixteen-month…
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Maritime News
Crew Rescued as MSC Containership Blacks Out in Storm and Driven Ashore
Multiple teams from Canada responded Saturday morning, February 15, after an MSC containership issued a mayday call during a…
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Maritime News
SoCal Port Volumes at Record Pace Driven by Economy and Uncertainties
Cargo volumes passing through Southern California’s twin ports of Los Angeles and Long Beach continued the strong pace seen for…
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Marine World
Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation
The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring…
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Maritime News
China's Commodity Import Trend Driven by Prices, Not Economy
The opinions expressed here are those of the author, a columnist for Reuters.China’s imports of major commodities are often viewed…
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Maritime News
Newbuilding Prices Reach Highest Level in 16 Years Driven by Strong Orders
After years of downturn and a soft decade through most of the 2010s, the industry trade group BIMCO reports…
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Maritime News
Industry Shocks Have Driven Ship Recycling to 20-Year Lows Says BIMCO
Analysts have been predicting that the pace of ship recycling would be increasing as the industry begins to deal with…
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Maritime News
Volumes at Southern California Ports Continue Strong Driven by Economy
Data for February from the southern California ports once again confirmed the continuing strength in U.S. trade and continued…
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