Tag - shipping

 
 

SHIPPING

Containers are stacked at the Portsmouth Marine Terminal (PMT) in Portsmouth, Virginia, on Wednesday.
BUSINESS / Companies / ANALYSIS
Oct 5, 2024
U.S. port strike throws spotlight on big union foe: automation
Companies view automation as a path to better profit while unions see it as a job-killer.
Port workers from the International Longshoremen's Association (ILA) participate in a strike at the Virginia International Gateway in Portsmouth, Virginia, on Wednesday.
BUSINESS
Oct 4, 2024
U.S. port workers, operators reach deal to end East Coast strike
A tentative agreement for a wage hike of around 62% over six years will immediately end a crippling three-day strike.
Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, on Tuesday.
BUSINESS
Oct 2, 2024
U.S. dockworkers strike to stop automation already seen at other ports
Longshoremen have gone on strike for the first time since 1977 as the union takes a hard-line stance against automation.
The Port Authority of New York and New Jersey in Newark, New Jersey, on Monday. Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf coasts on Oct. 1.
BUSINESS / Markets
Oct 1, 2024
U.S. port labor dispute threatens range of products
A possible strike by 45,000 union workers could affect the availability of anything from bananas to clothing to cars and cost the U.S. economy $5 billion daily.
A tugboat passes shipping containers being unloaded and stacked on a pier at Port Newark, New Jersey, in 2021.
BUSINESS / Economy
Sep 30, 2024
U.S. East Coast port strike set to start on Tuesday, union says
If union members walk off the job, it would be the first coast-wide strike since 1977, affecting ports that handle about half of the U.S.' ocean shipping.
Shipping containers are stacked on a pier at the Red Hook Terminal in Brooklyn, New York. A prolonged strike, alongside an ongoing strike by 30,000 machinists at Boeing, could put a dent in the U.S. job market next month at a critical moment.
BUSINESS / Companies
Sep 27, 2024
Shippers scramble for workarounds ahead of threatened U.S. port strike
A prolonged strike, alongside an ongoing strike by 30,000 machinists at Boeing, could put a dent in the U.S. job market next month at a critical moment.
Houthi fighters march in a parade during a ceremony marking the 10th anniversary of the Houthi takeover in Sanaa, Yemen, on Saturday.
WORLD / Politics
Sep 25, 2024
Iran brokering talks to send advanced Russian missiles to Yemen's Houthis, sources say
Seven sources said that Russia has yet to decide to transfer the Yakhont missiles.
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.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?