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ocean shipping
Government, Business, Safety, Logistics

FMC: Sanctions Against Yemen Should Be Considered

Tanker on fire in Gulf of Aden

Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.

Dan Ronan | Senior Reporter
February 14, 2024
Government, Business, Safety, Logistics

Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions

Transportation Secretary Pete Buttigieg

Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.

Noël Fletcher | Staff Reporter
February 9, 2024
Government, Business, Safety, Logistics

Shipping Officials: Supply Chain Equipped to Deal With Attacks

Maersk cargo ship

The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.

Dan Ronan | Senior Reporter
February 8, 2024
Government, Business, Fuel, Logistics

Europe’s Diesel Supply Chain Threatened by High Freight Costs

Diesel at the pump

A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.

Jack Wittels | Bloomberg News
January 26, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Red Sea Chaos Starting to Impair Profits Across Industries

Port of Montreal crane

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

Bloomberg News
January 23, 2024

House GOP Urges Biden to Protect Supply Chain

Maersk cargo ship

Senior House Republicans on a transportation committee urged the Biden administration to prevent potential disruptions to the country’s supply chain.

Eugene Mulero | Senior Reporter
January 18, 2024
Business, Safety, Fuel, Logistics

Global LNG Fleet Avoiding Red Sea With More Tankers Diverted

LNG tanker Sohshu Maru

The global LNG tanker fleets appear to have stopped using the Red Sea and Suez Canal, as continued Houthi attacks on ships reroute flows of the power-station and heating fuel.

Stephen Stapczynski | Bloomberg News
January 17, 2024
Government, Business, Safety, Logistics, Global Freight

How the Red Sea Conflict Is Crimping Global Trade

USS Mason battleship

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

Courtney Bonnell and David McHugh | Associated Press
January 12, 2024
Business

60 Seconds: Port Leaders Enter 2024 With Cautious Optimism

ports

The shipping industry is keeping a watchful eye on developments in Panama Canal, Middle East. Story by Dan Ronan.

January 9, 2024
Government, Business, Safety, Logistics, Global Freight

US Trucking Faces Downstream Effects From Suez Canal Attacks

Ship on Suez Canal

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

Connor D. Wolf | Staff Reporter
January 9, 2024

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