VIDEO: Damen delivers CSOV TSS Cruiser Damen Shipyards Group has delivered CSOV 9020, TSS Cruiser, the first of two offshore wind Commissioning Service Operations Vessels ordered by Ta San Shang Marine Co. Ltd., a joint venture between Mitsui
USNS PFC Dewayne T. Williams set for drydocking at Boston Ship Repair The IAM Union (International Association of Machinists and Aerospace Workers) reports that, in a return to the region where it was originally constructed more than four decades ago, the USNS PFC Dewayne
Svitzer adds two new hires to its executive leadership team Global towage operator Svitzer has named María Fernanda Souto as its new chief commercial officer (CCO) and Anne Daugaard its new chief people officer, Both will be based at the company's Copenhagen
Two new Indian electric tugs will feature Berg Propulsion tech Hönö, Sweden-based Berg Propulsion is set to play a key role in the construction of the next two electric tugs in India's Green Tug Transition Program. Under construction by the Mumbai-headquartered KMEW
KEZAD signs beverage production facility KEZAD Group has signed a long-term land lease agreement with Abu Dhabi Refreshment Company for the development of a beverage production and distribution facility within KEZAD's industrial ecosystem. The facility will span approximately 32,500 square metres and represents an investment of approximately AE$ 300 million, supporting the expansion of Abu Dhabi Refreshment Company's production and dist
Konecranes deploys first electric forklifts in North America at Church Brothers Farms Konecranes has deployed its first electric forklifts in North America at Church Brothers Farms in California. The project includes two E-VER 17-1200 C electric forklifts delivered during the first quarter of 2026. The units are now operating daily at Church Brothers Farms' receiving, shipping and cold storage facility in Salinas, California. The forklifts are used to unload incoming deliveries an
LR grants AiP to Wison New Energies for harsh environment FPSO design Lloyd's Register has granted Approval in Principle (AiP) to Wison New Energies for a new harsh environment FPSO design featuring an internal turret mooring system. The AiP was presented during the Offshore Technology Conference in Houston following an independent concept-stage review by Lloyd's Register. Internal turret FPSOs are commonly deployed in harsh offshore environments but remain among t
Moeve and Accenture partner to accelerate industrial decarbonization Moeve and Accenture have signed a strategic agreement to accelerate the decarbonization of industrial operations across the value chain. The partnership strengthens Moeve's "Moeve decarbonize" initiative, which provides integrated emissions reduction solutions for industrial customers. Under the agreement, Accenture will contribute its global industrial expertise, digital capabilities and technol
Hapag-Lloyd and Kuehne+Nagel launch sustainable shipping partnership Hapag-Lloyd and Kuehne+Nagel have launched their first joint sustainable ocean shipping initiative using Sustainable Marine Fuels (SMF). Under the agreement, Kuehne+Nagel will use Hapag-Lloyd's "Ship Green" product to reduce emissions from ocean freight shipments. The pilot project covers approximately 3,300 TEU transported on the East Asia-North Europe trade lane between April and December 2026.
Ellerman updates iPEX 2 service with new hull call Ellerman City Liners has updated its iPEX 2 service with a new Szczecin-Hull-Szczecin rotation, strengthening shortsea links between Poland and the UK. The company replaced Teesport with Hull as the UK discharge port. Teesport is now served through Ellerman's BALTEX service launched earlier this year. Ellerman said the change responds to growing demand for direct and reliable access to UK distrib
Top Metal Roofing Companies in Charlottetown, Prince Edward Island, Canada The coastal weather of Charlottetown demands specialized roofing that acts as a silent guardian. It should be able to protect a house and its roof from snow, salt air, and strong winds. Today, the metal roofing companies stand out for their installation expertise, durability, weather-resistant materials, and customer ratings. Here are 5 companies to check and select from. Artisan Roofing Inc With
How shipping is adapting to the new Hormuz order Iran is administrating the Hormuz passage and the shipping industry is learning the difference and quietly paying the price
Your Cargo Wants a UAE Address - Here's Why If your business is moving goods across borders, there is a strong chance your cargo is already dreaming of a UAE address - and honestly, it has a point. From Jebel Ali to Khalifa Port, from airport cargo zones to free zone warehouses, the Emirates has built a logistics ecosystem that makes global trade feel faster, sharper, and more connected. And when you are on the ground managing suppliers, w
Drewry World Container Index rebounds as Transpacific rates rise The Drewry World Container Index (WCI) increased 3% this week to US$2,286 per 40ft container, ending three consecutive weeks of declines as freight rates strengthened on Transpacific and Asia-Europe trade routes. The rebound was mainly driven by new Emergency Fuel Surcharges (EFS) and Peak Season Surcharges (PSS) introduced by carriers amid ongoing geopolitical uncertainty and rising operational
Agility Global reports strong Q1 2026 growth despite market volatility Agility Global reported strong first-quarter 2026 results, with revenue rising 23% year-on-year to US$1.4 billion, while EBIT increased 12% to US$103 million and EBITDA climbed 7% to US$185 million. The Abu Dhabi-listed company said the results reflected resilient performance across its operating businesses despite growing geopolitical and macroeconomic uncertainty. Agility Global Chairman Tarek
Port of Riga and AD Ports Group advance port development and logistics cooperation The Freeport of Riga Authority and AD Ports Group have signed a Memorandum of Understanding in Riga, establishing a framework for cooperation across port development, logistics, industrial projects and digital solutions. The agreement was signed at the offices of the Investment and Development Agency of Latvia in the presence of Latvian Economics Minister Viktors Valainis, AD Ports Group Regional
APM Terminals Japan secures renewable power agreement APM Terminals Japan has signed a 20-year offsite corporate Power Purchase Agreement with FPS to supply renewable solar electricity to its operations at the Port of Yokohama, with power delivery commencing on April 1, 2026. The agreement is expected to deliver annual Scope 2 greenhouse gas emissions reductions of approximately 2.6 ktCO2e by replacing fossil-based grid electricity with solar power
Misurata Free Zone Port launches first direct China-Libya container service Misurata Free Zone Port has received the container vessel GUO YUN HAI , operated by COSCO Shipping , marking the launch of the first direct container shipping service connecting China and Libya. The new route is expected to improve Libya's logistics sector by reducing reliance on transshipment hubs, which have traditionally increased transit times and supply chain costs for cargo arriving from th
Trump rejects Iran response as Hormuz tensions push oil prices higher US President Donald Trump rejected Iran's response to Washington's latest peace proposal, raising fears that the conflict will continue and keep shipping through the Strait of Hormuz heavily disrupted. "I don't like it - TOTALLY UNACCEPTABLE," Trump wrote on Truth Social after Tehran submitted its response through Pakistani mediators. Iran's proposal focused on ending the war across the region, e
Readers Speak: Failed U.S.-Iran talks signal more disruption Industry sentiment turns increasingly cautious The latest Readers Speak poll focused on the collapse of negotiations between the United States and Iran and what it could mean for container shipping. The results point to a clear industry concern: most readers believe the failure of talks signals a prolonged period of disruption ahead. With tensions remaining unresolved and uncertainty continuing a
ABS, HD Hyundai and Anduril partner on autonomous surface vessels ABS, HD Hyundai and Anduril Industries have signed a memorandum of understanding to explore the development of autonomous surface vessels. The agreement creates a framework for cooperation on vessel design, production, autonomy systems, and classification for next-generation unmanned vessels. The partnership combines HD Hyundai's shipbuilding expertise, ABS' classification and certification capab
Former Lauritzen boss to lead board of Danbulk Martin Egvang has joined the newly formed Danish dry bulk operator Danbulk as its chairman of the board. Egvang was previously the CEO of Copenhagen-based shipowner and operator Lauritzen Bulkers. He stepped down from the role in March last year, citing stress issues. Before that, he was the CEO of another Danish operator, Integrity Bulk. ...
Victoria commits $90m to progress offshore wind port at Port of Hastings The Victoria state government has committed AUD 124.5m ($90.1m) in its 2026/27 budget to advance the proposed Renewable Energy Terminal at the Port of Hastings. This funding will progress the Environmental Effects Statement (EES) process for the first heavy-duty offshore wind port of its kind in Australia. The terminal is designed to enable onshore turbine ...
Vroon cashes out of livestock shipping business Dutch shipowner Vroon is exiting the livestock shipping sector after agreeing to sell its Livestock Express business to Australian agribusiness and shipping group Heytesbury. The deal includes all 11 livestock carriers owned by Livestock Express, the Singapore-based operations and technical management activities for third-party vessels. Financial terms were not disclosed. The sale marks another s
Fugro scores more work on 4.1GW Scottish offshore wind development Dutch surveyor Fugro has been awarded a geotechnical survey contract by SSE for Berwick Bank B, part of the landmark Berwick Bank offshore wind project in the North Sea. Berwick Bank B is the second phase of Berwick Bank, targeting the delivery of 4.1GW of offshore wind capacity across three phases. If built to its ...
Awilco LNG changes course with CEO exit and board revamp Norwegian gas carrier owner Awilco LNG is entering a new chapter after long-serving chief executive Jon Skule Storheill stepped down with immediate effect as the company prepares a broader leadership reshuffle. The Oslo-listed LNG shipping company said Storheill and the board had jointly agreed that the company should move into its next phase under new ...
ONE returns to HD Hyundai for $1.2bn LNG-fuelled boxship deal Ocean Network Express has returned to South Korea's HD Hyundai Heavy Industries for another batch of LNG-capable containerships, pressing ahead with its long-term alternative-fuel fleet renewal strategy despite scaling back earlier expansion plans. Market sources identified the Singapore-headquartered liner operator as the buyer behind a $1.22bn newbuilding contract announced by HD Korea Shipbuil
PV Drilling wins jackup deal from Zarubezhneft Petrovietnam Drilling and Well Service Corporation (PV Drilling) has signed a contract with the Russian state-owned oil and gas company Zarubezhneft to provide a jackup rig. The rig, still unnamed, will be used for Zarubezhneft's 2026 development drilling campaign on the Thien Nga - Hai Au field, located in Block 12/11 off Vietnam. The contract ...
One LNG transit, zero breakthrough in Hormuz crisis Peace in the Persian Gulf appears no closer after president Donald Trump flatly rejected Iran's response to a US peace proposal over the weekend, even as a rare transit by an LNG carrier offered a glimmer of hope that the Strait of Hormuz is not entirely sealed. "I have just read the response from Iran's ...
Odfjell Technology bags UK platform drilling contract Odfjell Technology, a spin-off of Odfjell Drilling that specialises in offshore operations, has signed a contract with oil and gas company EnQuest for platform drilling operations on the Magnus platform in the UK. The three-year contract is scheduled to commence in the third quarter of 2026 and includes two additional one-year extension options. "Odfjell Technology ...
VLGC spot rates hit record highs Very large gas carrier (VLGC) spot rates have surged to record levels, with benchmark freight on the Houston-to-Chiba route climbing to $290 per metric tonne and daily earnings spiking to almost $170,000 per day - the highest level ever recorded for the series, according to Clarksons Research. The record-breaking run has been driven by a ...
TGS secures new deepwater seismic job in Gulf of Mexico Oslo-listed seismic data specialist TGS has been awarded an ultra-high resolution OBN contract in the US Gulf of Mexico. A deep-water crew is scheduled to mobilise in early June 2026. The agreement with the unnamed customer will ensure that the same crew which the client used before will execute the work. "This is part of ...
The seafarer shortage is not what shipping thinks it is Kuba Szymanski, secretary-general of InterManager, writes for Splash today. Amid growing concern about a global seafarer shortage, many in the industry argue that recruitment is our biggest challenge. I disagree. The real issue is whether we are properly training, supporting and protecting the workforce we already have to build the industry's future. For too long, ...
Japanese-built ultramax values jump All eyes were on the Baltic Dry Index last week as it breached the 3,000-point barrier, its highest level in years, helping fuel another red-hot week in the sale and purchase market. Lion Shipbrokers reported 16 deals over the weekend, echoing comments from other broking houses, pointing to a strong appetite for 15-20-year-old Japanese-built panamax ...
Carbon costs, fuel choices and uncertainty shape Geneva Dry debate The dry bulk sector's decarbonisation debate has moved decisively beyond whether shipping will reach net zero and is now centred on how the industry can make the transition work commercially in an increasingly uncertain world. That was the clear message from the Dry Decarbonisation panel, the second session on day two of last month's Geneva ...
Traffic through the Strait of Hormuz falls further As attacks surged in the Middle East Gulf last week, traffic volumes dropped massively, by about 59%
Job cuts at Maersk's green shipping centre a sign of the times, says CEO The Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping plans to cut about 30 full-time equivalent roles, saying it must...
Hengli Heavy rides out sanctions scare to hit $20bn valuation The world's third-largest shipbuilder shrugs off sanctions shadow as separate corporate structure shields it from US measures targeting affiliated refinery
Vroon exits livestock shipping to focus on core offshore and tanker divisions The Livestock Express fleet consists entirely of purpose-built vessels and is one of the few reputable operators in a sector...
HD Hyundai Oilbank takes crude from Dynacom-operated tanker via Hormuz Odessa, a suezmax oil tanker of 160,000 dwt operated by Greece-based Dynacom, was reported to pass through Hormuz on the...
EU lines up another round of Russian shadow fleet sanctions Momentum for tougher measures has grown following Hungary's elections, as EU officials seek to overcome previous political blockages and respond...
The Week in Charts: Crisis-driven tanker demand propels Panama Canal to multiyear high | Iran accuses US of 'destabilising' maritime safety and security Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Industry concerns grow that freedom of navigation is now a political bargaining chip Iran's insistence on 'management' and sovereignty over the Strait of Hormuz has intensified fears that freedom of navigation is being...
The week in newbuildings: HD Hyundai wins trio of shipbuilding contracts Orders for 25 new ships were disclosed in the past week across the containership, dry cargo, gas and tanker sectors...
Middle East port update: Monday, May 11 In Oman, at Mina Al Fahal terminal (crude oil) loading facility all scheduled vessels must ensure their Doppler log is...
The Daily View: A dry bull with stamina
Daily Briefing US disables two Iranian tankers violating blockade; Iran seizes shadow fleet tanker | China's green fuel push: 'Do our things...
Prolonged Middle East war to weigh on sputtering US auto demand Even before the war-driven spike in gasoline prices, the US automotive industry was expecting lower vehicle sales due to import tariffs and higher borrowing costs for vehicle buyers.
Impending sale of Maher likely to reshape competitive dynamics at Port of NY-NJ The issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of terminal capacity globally, including on the US East Coast. he issue of carrier terminal control is front and center with the coming sale of Maher given that carriers overall have become aggressive acquirers and developers of termina
ONE to spend $1.2 billion in deal with HD Hyundai for six LNG-powered ships The 15,900-TEU container ships will be delivered between November 2028 and September 2030 and reflect the continuing dominance of LNG as the new generation fuel of choice for vessel operators ordering new ships.
Multipurpose vessel sentiment positive despite bunker price volatility Shippers reluctant to accept additional bunker costs might have their hand forced by a healthy breakbulk and project cargo pipeline, market participants say.
Big drop in Middle East helium production drives alternative projects The loss of a third of global helium output because of the war has given fresh impetus to industrial gas projects in new regions.
Pangaea Logistics cranks out profitable first quarter with bookings improving Cargo-first bulker operator continues to build up ports and terminals operations in southern US
German owner Salamon logs strong final results from tanker fleet as it sells out of sector German KG owner said 2025 was another successful year for its product carriers
Awilco LNG adds to share offering as it gears up new trading arm Initial operations to be directed at European gas buyers with unmet financing needs
Bruton US listing plan in focus with VLCC orderbook in the money DNB Carnegie says US float will wait for the majority of the orderbook to hit the water
SK Shipping takes haircut on VLCC pair due to charter coverage Sales price drops by as much as $30m as rates remain strong
Strong cash flow for bulker owners as capesize rates gain momentum, says Clarksons Average capesize spot earnings climb above $40,000 per day globally, the highest level since December 2023
Sanctioned vessel brought into port ahead of Swedish court hearing The Caffa brought into Trelleborg as a no-fly zone placed over port
Panama Canal slot auction costs surge to record $4m per ship, brokers say BRS Shipbrokers and Clarksons Securities highlight the return of massive fees being paid for priority crossings
Second Qatari shipment of LNG heads into Strait of Hormuz bound for Pakistan Will it, won't it? LNG carriers have been 'going dark' while transiting
Tanker heading for Japan on long-haul voyage with Azerbaijani crude Japan's energy ministry is trying to diversify oil supply away from Middle East
Why record headline rates 'overstate' the earnings power of VLGCs Omar Nokta says Panama Canal auctions and long trips take a chunk of out TCE payments
Ex-Lauritzen Bulkers CEO Egvang joins operator Danbulk as chair New bulker operator is fully operational after launching in November
Aframax tankers face 'daunting chapter' as product carriers switch trades, brokers warn Market dynamics may mean dozens of crude deliveries are destined for LR2s
First glimpse emerges of MOL's telescopic sail installation on an LNG carrier Hanwha Ocean has been installing Japanese shipowner-developed Wind Challenger system on Chevron-chartered newbuilding
Maritime hydrogen projects among winners of $1.3bn of EU ETS cash Norway's Gen2 Energy is one of nine grant winners from the EU Hydrogen bank
Two police officers die in high-speed chase with drugs boat Fatalities highlight the danger posed by trafficking of narcotics in Europe
Knutsen named as owner behind a single LNG newbuilding at Hanwha Ocean Norwegian owner stacks its LNG orderbook higher, but employment for lone vessel has yet to emerge
India's SCI launches tender for four methanol dual-fuel aframax tanker newbuilds But there is a catch - only Indian shipyards are being invited to bid
Odfjell earnings fall lower than expectations as four ships remain bottled in Gulf Chemical tanker owner and operator says conflict has increased ballasting and costs
Vroon focuses on tankers as it offloads world's biggest 'premium' livestock carrier fleet Exit leaves Dutch owner with product carriers and offshore rescue vessels
Fire reported as second ship struck near US-linked bulker attack site Raid on deck cargo vessel follows assault on bulker in the same area
Car carrier rally drives momentum in Oslo shipping stocks Hoegh Autoliners and Wallenius Wilhelmsen upgraded to buy by Pareto
First Gulf attack on Chinese tanker causes 'deep concern' for Beijing Foreign ministry confirms vessel was hit last week, but does not apportion blame
Wilh Wilhelmsen invites investors to name their price in share buyback Reverse bookbuilding will be carried out by DNB Carnegie
Turkish recyclers set to cut up former Salamis Lines ro-ro vessel Sale is part of fleet renewal by Cypriot shipowner
VLGC rates hit record levels amid Middle East war disruption Surge in US exports and Panama Canal delays are pushing up spot earnings into Asia
Iranian tactics revealed: 'Double tap' used to strike HMM ship in Gulf Vessel was hit last month in an apparent assault by Iran
Sinokor and Eastmed VLCCs among tankers exiting Strait of Hormuz with trackers off Dark trend continues as more crude barrels make it out of the Gulf
Ocean Network Express named as buyer behind order for six container ships at HD Hyundai yard Sources claim liner player's bearish market outlook led to drastic reduction from original 22-ship plan
India's SCI launches tender for four methanol dual-fuel aframax tanker newbuilds But there is a catch - only Indian shipyards are being invited to bid
Two more Bourbon-linked offshore vessels head for the auction block, but there is a catch PSVs carry combined market value of $27.6m
Turkish recyclers set to cut up former Salamis Lines roro vessel Scrap sale part of fleet renewal move by Cypriot shipowner
Buyer snaps up Chinese bulker for bargain price at online auction Handysize sells for steep discount on market value
Pakistan set to welcome first Qatari LNG shipment since early March Mediator in US-Iran talks sees shipment liberated from Middle East Gulf as Trump trashes Iranian peace proposal response
Kodiak AI reports 74% Q1 revenue growth, fleet reaches 28 driverless trucks Kodiak AI announced its first-quarter earnings, which included expansions in the deployment of trucks equipped with the company's virtual driver. The company also announced it had secured new financing as it scales its business to 28 driverless trucks. On the earnings front, Kodiak posted 74 percent revenue growth quarter over quarter in the first quarter of 2026. Revenue increased to $1.8 millio
US Postal Service proposes limited parcel price increases The U.S. Postal Service next month intends to raise prices on some domestic parcel services, including shipping of hazardous materials, after previously requesting approval for a 4.8% price increase on mail and package delivery. In both cases, the rate adjustment would take place on July 12 if the Postal Regulatory Commission approves the requests. On Monday, the Postal Service filed notice to el
Radiant Logistics beats FQ3 expectations Third-party logistics provider Radiant Logistics noted strength in its domestic truckload and intermodal offerings on Monday. However, it said the global trade landscape is "considerably more challenging" due to ongoing tariff uncertainty and shipment rerouting away from the Strait of Hormuz. It said the international headwinds are creating some opportunities for freight forwarders. "Near-term vo
CN: STB should reject 'incomplete' UP-NS merger application Canadian National urged the U.S. Surface Transportation Board to reject the amended merger application by Union Pacific and Norfolk Southern, claiming it still fails to meet the regulator's requirements. Montreal-based CN (NYSE: CNI ) in a filing Monday said the application "continues to omit required information regulators and stakeholders need to meaningfully assess the competitive and operatio
Retail imports fuel 2nd best April for Port of LA The Port of Los Angeles processed 890,861 twenty foot equivalent units (TEUs) in April, 5.7% better than the same month a year ago, and the second-best April on record. LA, with the Port of Long Beach half of the San Pedro Bay maritime gateway, saw consumer demand boost strong imports despite ongoing uncertainty around tariffs and trade policy. The port handled 3,279,704 TEUs through the first fo
Fighting Distracted Driving Starts with Leadership Mike Fackler, Technical Director of Transportation for Travelers Insurance , joined FreightWaves' Malcolm Harris on What the Truck?!? to break down why the solutions to distracted driving don't start with the driver. According to Fackler, the scope of the problem is bigger than a phone in someone's hand. Yes, cell phones remain the dominant distraction on the road, but tight schedules, communicat
Proficient's 1Q earnings: tough quarter, better 2Q ahead, stock takes a dive Proficient Auto Logistics' (NASDAQ: PAL) earnings report and conference call with analysts sounded very similar to others that have been heard this quarter: tough quarter overall, January and February were terrible, March was better and it's looking good into April and May. The difference is that Proficient's stock price was pummeled as a result, while others, like RXO (NYSE: RXO) , rebounded on
FAA clears grounded MD-11s for return to service FedEx on Sunday operated an MD-11 freighter aircraft in commercial service for the first time since early November after the Federal Aviation Administration lifted a flight ban that was implemented following the fiery crash of a UPS cargo jet. "After extensive review, the FAA approved Boeing's protocol for safely returning MD-11 airplanes to service," the agency said in a statement provided to Fr
Six found dead inside cargo train near Texas-Mexico border Authorities are investigating after six people were found dead inside a Union Pacific cargo train boxcar at a rail yard in Laredo, Texas, on Sunday. The bodies were discovered Sunday afternoon during a routine inspection by a Union Pacific employee before the train was scheduled to continue north, according to the Laredo Police Department, The Los Angeles Times reported. Police said officers and
Project44 launches Autopilot, an AI-enabled logistics operating system that offers infinite labor Project44 has launched Autopilot, a no-code platform that lets shippers, brokers and 3PLs deploy AI agents across their supply chain workflows without writing prompts, building integrations or hiring an engineering team to wire it up. The product is the culmination of more than 18 months of agent deployment across the project44 network. According to the company, that work has already produced a 4
SONAR Launches Carrier Safety Dashboard - Right on Time for International Roadcheck Week New FMCSA and CSA intelligence tool goes live as North American enforcement enters its most intense 72 hours of the year - and as the CDL crackdown reshapes the driver pool in real time CHATTANOOGA, Tenn. - May 12, 2026 - SONAR today announced the launch of its new Carrier Safety Dashboard , a comprehensive intelligence tool that centralizes Federal Motor Carrier Safety Administration (FMCSA) and
Postal Service hires former UPS logistics exec as chief strategy officer The U.S. Postal Service has hired Matt Connolly, a logistics and supply chain industry veteran with more than 20 years experience at parcel giant UPS, as chief solutions and strategy officer, Postmaster General David Steiner said Friday. At UPS ( NYSE: UPS ), Connolly developed air freight, ocean freight, parcel and third-party logistics capabilities and played a key role in reshaping the UPS dom
U.S.-managed bulk ship attacked in Persian Gulf A bulk carrier managed by a U.S. company was hit by suspected hostile fire in the Persian Gulf, one of several ships to be attacked in the Strait of Hormuz over the weekend as the United States and Iran fail to reach agreement on a permanent ceasefire. The UK's Maritime Operations Center on Monday said the Safesea Neha, a 590-foot bulk vessel sailing under the Marshall Islands flag and managed by
Inside the $10m freight fraud that rocked Chicago A suburban Chicago man has been sentenced to five years in federal prison after federal prosecutors said he helped steal more than $10 million in interstate freight by posing as legitimate carriers and brokers. According to the U.S. Attorney's Office for the Northern District of Illinois , 41-year-old Aivaras Zigmantas used multiple aliases between 2020 and 2023 to gain control of shipments movin
Crime wave targets North American freight lanes in April Cargo crime investigations accelerated across North America in April as customs officials, police agencies and military forces disrupted narcotics smuggling operations, counterfeit goods trafficking and organized cargo theft rings tied to major freight corridors. Authorities in the U.S. reported multimillion-dollar drug seizures hidden in produce, construction materials and commercial trailers at
Hantavirus and passenger fleets: What passenger carriers should be thinking about Three people are dead on a cruise ship anchored off Cape Verde, Africa. A 70-year-old Dutch man. His wife. A German national. All passengers aboard the MV Hondius, an expedition cruise ship that departed Ushuaia, Argentina, on March 20. The cause is hantavirus, a family of viruses carried by rodents that has been tracked by the CDC since 1993, but has never been recorded on a cruise ship before.
Moody's cuts Wabash rating third time in a year, execs eye '27 rebound Trailer manufacturer Wabash National had its debt rating downgraded by Moody's for the third time in a year, almost to the day, while executives on a company earnings call with analysts a few days earlier tried to make a case for a turnaround that would start next year. The latest Moody's move, announced May 5, is a downgrade of its corporate family rating to B3 from B2. Moody's downgraded Moody'
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