News

With supply chain congestion and widespread delays in the international container trades set to continue, the vexatious challenges of abandoned cargo will remain and probably increase. In its role as risk prevention advisor to the industry, TT Club has issued a StopLoss document to provide practical guidance on the issue to stakeholders across the supply

Image provided by: NOAA’s DeepCCZ project By Marta Montojo and Ian Urbina Few people have ever heard of the tiny country of Nauru. Even fewer ever think about what happens at the bottom of the world’s oceans. But that may soon change. The seafloor is thought to hold trillions of dollar’s worth of  metals and

The ports of Los Angeles and Long Beach, the biggest maritime complex in the United States have announced expanded night and weekend truck gate hours to reduce massive congestion that for 14 months has shown no signs of easing. The biggest maritime complex in the United States accounts for half of total U.S. imports from

According to a report published by the Arctic Today daily newsletter, U.S. Coast Guard vessels spotted four Chinese warships conducting military and surveillance operations during a routine patrol near Alaska’s Aleutian Islands on August 30. The ships from the People’s Liberation Army Navy ventured as close as 46 miles to the Aleutian Islands, the Coast

  By Leo Ryan, Editor Great Lakes maritime stakeholders are delighted over a surprise decision taken earlier this week in Washington: the House Transportation and Infrastructure Committee approved $1 billion for U.S. Coast Guard shore side infrastructure nationwide and $350 million in funding for a second heavy Great Lakes icebreaker as part of its budget

North American demand for manufacturing and building materials led to dramatic spikes in shipments of iron ore, steel, cement, stone and other raw materials via the St. Lawrence Seaway and through Canadian Great Lakes ports, according to the latest results. From March 22 to August 31, iron ore shipments hit 4.6 million tonnes, up 30%

Canadian Pacific Railway Limited and Kansas City Southern today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$31 billion which includes the assumption of $3.8 billion of outstanding KCS debt. The merger creates the first U.S.-Canada-Mexico railway. The decision

Houston, Texas – In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization technologies at the design stage as well as simplifying EEXI and CII compliance. The SIM-based Energy Efficiency Evaluation Service will allow both newbuild vessels and