Shipping

The vehicle industry in Israel is preparing to resume direct charging of vehicles to Israeli ports from East Asia via the Suez Canal and the Red Sea instead of Africa. This provides a ceasefire in Gaza and is…

By Doyinsola Oladipo and David Shepardson NEW YORK (Reuters) - Port workers on the U.S. East Coast and Gulf Coast began their first large-scale strike in nearly 50 years on Tuesday, halting the flow of about half the nation's shipping,…

FRANKFURT (Reuters) - Strong demand for container shipping has pushed freight rates higher in the past two months, Hapag-Lloyd Chief Executive Rolf Habben Jansen said on a call with reporters on Wednesday. He said attacks on ships by…

Written by Kylie Maddrey MEXICO CITY (Reuters) - Ford shipped the first batch of cars on Tuesday from the previously neglected port of Guaymas near its factory in the northern Mexican state of Sonora in a project that could cut the U.S.…

Wellborn Capital, an investment firm owned by Tzvika Sobel and part of the Morris Kahn family, is investing about NIS 10 million in Israeli shipping company BHM for a 45% stake. The investment will be implemented through…

Written by Jonathan Saul LONDON (Reuters) - The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hampering industry efforts to use cleaner fuels to…

Written by David ShepardsonWASHINGTON (Reuters) - The U.S. Postal Service said on Friday it is seeking an average 25% price increase for high-volume shippers to enter packages for regional delivery through its Parcel Select service.The…

Economy Shipping agents sue over new South Sudan cargo fees Friday March 29 2024 Offloading of Cargo in one of the Vessels that docked at the Port of Mombasa on March 06, 2024. PHOTO | KEVIN ODIT | NMG Clearing agents have…

© Reuters. ATHENS - Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in tanker vessels, has announced entering into time charter contracts for three newbuilding LR2 Aframax tanker vessels with…

liorpt/iStock via Getty Images Disruptions to shipping from the Houthi attacks in the Red Sea already are more damaging to the supply chain than the early COVID-19 pandemic, maritime advisory firm Sea-Intelligence said this week in an…