Key US Allies Break With Biden Over Shipping Cluster Bombs To Ukraine Nick Pope on July 8, 2023 Political leaders from Spain and the United Kingdom voiced their disagreement Saturday …
Shipping
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Expecting A Package? One Of America’s Shipping Giants Could Grind To A Halt In Just Days Will Kessler on July 2, 2023 Labor union giant the International Brotherhood of Teamsters …
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By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers …
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(Reuters) – Share prices of COSCO SHIPPING Ports Ltd rose to as much as a three-month high on Thursday, after the German government cleared it to buy part of a …
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By David Dolan and Simon Jessop TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group on Tuesday laid out emissions-cutting targets for lending to the real estate, steel and shipping sectors, …
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WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that supply chain pressures and shipping costs were coming down and were eventually likely to bring down inflation. She …
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By Lisa Baertlein LOS ANGELES (Reuters) – The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the lowest level since the start of the pandemic …
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LONDON (Reuters) – Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said …
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UNION CITY, NJ – A Union County man has admitted to having large quantities of fentanyl shipped to New Jersey from Mexico after U.S. Customs and Border officials intercepted one …
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ATHENS/SOFIA (Reuters) – A 49-year-old Bulgarian arrested by police in northern Greece in December following a U.S. warrant has been released on bail pending a court ruling on his extradition …
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MELBOURNE (Reuters) – Australian diversified miner South32 Ltd on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an inventory buildup, …
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BEIJING/HONG KONG (Reuters) – China’s COSCO SHIPPING Holdings has agreed to pay 5.5 billion yuan ($814 million) to buy a 5.8% stake in COFCO Fortune, a food processing and logistics …
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A New Jersey shipping company based out of Edison, New Jersey has agreed to pay $1.89 million to settle allegations that it overbilled the United States for freight services that …
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FRANKFURT (Reuters) – Germany’s Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more muted outlook …
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MINNEAPOLIS – A St. Paul man has been sentenced to 240 months in prison, followed by five years of supervised release, for distribution of a drug analogue, possession with intent …
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Tampa, Florida – U.S. District Judge Virginia M. Hernandez Covington has sentenced Jason Ryan Hardy (40, Tarpon Springs) to 10 years and 10 months in federal prison for conspiracy to …
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By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the …
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By Loucoumane Coulibaly ABIDJAN (Reuters) – Ivory Coast has completed construction of a second container terminal at its main port in Abidjan, paving the way for it to become a …
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PARIS (Reuters) -CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending, and this will …
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(Reuters) – COSCO Shipping Holdings Co Ltd said on Monday it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it …
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By Karl Plume (Reuters) – U.S. soybean exports are trailing their normal autumn pace despite rising supplies from an accelerating harvest, as low river levels have slowed the flow of …
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LONDON (Reuters) – French energy giant TotalEnergies will continue to ship liquefied natural gas (LNG) from Russia as long as there are no European sanctions on the fuel, the company’s …
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By Arathy Somasekhar HOUSTON (Reuters) -A ship carrying a cargo of diesel fuel initially barred from hurricane-hit Puerto Rico anchored at the island’s Guayanilla port on Friday to unload under …
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By David Shepardson (Reuters) -The Biden administration on Wednesday approved a waiver of U.S. shipping rules to address Puerto Rico’s immediate energy and other essential needs in the wake of …
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By Jeslyn Lerh and Emily Chow SINGAPORE (Reuters) -Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian …