Tag - shipping

 
 

SHIPPING

Bulk carriers float offshore from Singapore, on Feb. 19.
WORLD
Sep 19, 2024
The shadow fleet transporting sanctioned gas for Russia
In the short term it could provide some wartime profit, but Moscow's ultimate goal is to triple LNG exports by 2030.
The Panama-flagged oil tanker Blue Lagoon I transits the Bosphorus in Istanbul on June 14.
WORLD
Sep 3, 2024
U.S. military says Houthis attacked two crude oil tankers in Red Sea
The Houthis first launched aerial drone and missile strikes on the waterway in November, in solidarity with Palestinians under assault in Israel's war on Gaza.
Flames and smoke rise on Sunday from the Greek-flagged oil tanker Sounion, which has been on fire on the Red Sea since Aug. 23.
WORLD
Aug 29, 2024
Yemen's Houthis will let salvage crews access oil tanker in Red Sea
The damaged oil tanker is carrying 150,000 metric tons of crude oil.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024
Panama Canal eases limits that caused global shipping bottleneck
Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
A tug boat assists a container ship to its berth in Long Beach, California, on June 17.
BUSINESS / Economy
Aug 19, 2024
Busiest U.S. ports absorb import surge nearing pandemic-era frenzy
The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, had their third-strongest month ever in July.
An unmanned cargo aircraft developed by Sichuan Tengden Sci-tech Innovation takes part in a maiden flight at an airport in Zigong, Sichuan province, China, on Sunday.
BUSINESS / Tech
Aug 13, 2024
China test-flies biggest cargo drone as low-altitude economy takes off
China's civilian drone makers are testing larger payloads as the government pushes to build a low-altitude economy.
Protesters, mainly Houthi supporters, rally in Sanaa, Yemen, on July 5 to show solidarity with Palestinians in the Gaza Strip.
WORLD
Jul 16, 2024
Yemen's Houthis target three vessels in Red and Mediterranean seas
The attacks on the vessels — including an oil tanker — were in response to Israel's airstrike in the southern Gaza Strip on Saturday, Houthi spokesman says.
If implemented, the autonomous freight lanes would reduce congestion by up to 35,000 vehicles per day.
BUSINESS
Jul 9, 2024
Transport ministry eyes autonomous lanes to ease freight crisis
The lanes would allow the transportation of small parcels between cities using unmanned carts, and help ease a driver shortage in the logistics sector.
Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore in July 2019.
BUSINESS / Economy / ANALYSIS
Jun 26, 2024
Singapore port congestion shows global impact of Red Sea attacks
Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia.
Sailors from the USS Dwight D. Eisenhower assist distressed mariners rescued from the Liberian-flagged, Greek-owned bulk carrier M/V Tutor that was attacked by Houthis in the Red Sea on Saturday.
BUSINESS
Jun 20, 2024
Shipping industry urges Red Sea action as Houthis sink second vessel
A Greek-owned coal carrier attacked by Yemen's Houthi militants in the Red Sea last week has sunk, salvagers confirmed.
Houthis hold a military parade to mark the anniversary of their takeover in Sanaa, Yemen, on Sept. 21.
WORLD
Jun 16, 2024
U.S. Navy rescue crew from Greek-owned ship struck by Houthis in Red Sea
The attack, which occurred near the Yemeni port of Hodeidah, caused severe flooding and damage to the engine room and left the Tutor unable to maneuver.
Container ships and bulk carriers off Singapore's shores on Feb. 19
ASIA PACIFIC
Jun 13, 2024
Singapore port container logjam worsens as ships avoid Red Sea
The congestion is only emerging now because it took time for the port to reach its maximum utilization level.
Workers prepare boxes of oyster products for shipping at Suzuki Suisan in Saka, Hiroshima Prefecture. The company stopped offering free shipping services in March.
BUSINESS / Companies / Regional Voices: Hiroshima
Jun 3, 2024
Transportation firms grapple with new driver overtime cap
The overtime cap introduced in April has led to increased transportation costs and some logistical headaches as firms try to adjust.
Greek-flagged bulk cargo vessel Sea Champion is docked to the port of Aden, Yemen to which it arrived after being attacked in the Red Sea in what appears to have been a mistaken missile strike by Houthi militia, in February.
ENVIRONMENT / Climate change
Jun 1, 2024
How Red Sea disruptions are driving up carbon emissions
A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, driving up emissions.
Crude oil tanker NS Creation, owned by Russia's leading tanker group Sovcomflot, transits the Bosphorus shipping strait in Istanbul in May 2022.
WORLD / Politics
May 20, 2024
Virtually every sanctioned Russian oil tanker is idle and empty
Since October, 40 ships involved in Russia’s oil trade have been added to the Treasury’s list of designated entities.
A liquefied natural gas shipment on the Suez Canal in Ismailia, Egypt
BUSINESS / Economy
May 16, 2024
Red Sea disruptions are splitting global LNG trade into regions
It’s been four months since an LNG tanker has passed through the strait separating the Arabian Peninsula and Africa.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, in 2018.
BUSINESS / Markets
May 16, 2024
U.S. efforts to reshape global supply chains gathers pace in Asia
Investment flows are shifting along with trade, with global firms investing in Southeast Asia to avoid U.S. tariffs on China.
Iran's urban development minister and India's ports and shipping minister signed the contract in the town of Chabahar, in a ceremony broadcast live on state media.
WORLD / Politics
May 15, 2024
India and Iran sign 10-year agreement to develop port project
The contract will see India Ports Global invest $370 million into "providing strategic equipment" and "developing transport infrastructure."
A group of fishing boats sit next to the Mekong river in Phnom Penh in 2021.
BUSINESS
May 8, 2024
Cambodia to cut shipping through Vietnam with China-funded canal
Cambodia's deputy prime minister downplayed environmental concerns about the new canal and dismissed speculation Chinese warships could use it.
A ship, identified by the Royal United Services Institute as the North Korean registered cargo ship Angara, is seen docked alongside a larger vessel at the Zhoushan Xinya Shipbuilding Co. wharf in Zhoushan, China, in February.
ASIA PACIFIC / Politics
Apr 25, 2024
Images show China harboring ship tied to Russian arms transfers
Satellite images show China is docking a ship that has moved containers believed to be full of North Korean munitions around Russia.

Longform

A store clerk tries to cool things down in front of their shop by spraying a hose.
Is extreme weather changing the way Japan shops?