Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
Ocean carriers
A Year Later, Houthis Show No Sign of Curbing Red Sea Attacks
The Yemeni militant group vowed to maintain the onslaught on shipping until Israel ends its military…
Dali Owners Fork Over $102 Million in Key Bridge Collapse Settlement
The Singaporean firms that own and operate the vessel settled the civil case filed by the DOJ last month, but…
Report: Russia Provided Satellite Data for Houthi Attacks on Red Sea Shipping
The WSJ says the U.S. is worried Russia could provide the militants with anti-ship or anti-aircraft missiles…
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Maersk Raises Earnings Guidance For Fourth Time in 2024
The carrier attributes the bump to its third-quarter results, strong container market demand and ongoing Red…
‘Havoc is Going to Start’ When Ocean Carriers Return to Suez Canal, Maersk Exec Says
Maersk and Hapag-Lloyd won't return to the Suez Canal when the Gemini Cooperation launches Feb. 1, opting to…
MSC Exec: A Trump Win Could Pose ‘Challenge’ for Decarbonization
The container shipping giant recently confirmed a commitment to net decarbonization by 2050.
DOJ Sues Dali Owners for $103 Million Over Baltimore Bridge Collapse
The Department of Justice called the Francis Scott Key Bridge's collapse "entirely avoidable" in its 50-page…
LA Port, CMA CGM Say East Coast Strike Unlikely to Pose West Coast Port Disruptions
Neither Gene Seroka nor George Goldman saw evidence that East Coast-bound vessels will be diverted after a…
Ocean Carrier Alliances are Taking Shape for 2025
MSC wants to prove it's the industry's stand-alone powerhouse, offering shippers both Suez Canal and Cape of…
India Ports Could Strike, Compounding Capacity Issues Into US East Coast
Dockworkers across India's 12 largest ports said they would be going on an indefinite strike on August 28 if…
Port of Ningbo Explosion Yet Another Catalyst for Potential Congestion
"Delays will affect other ports throughout the area including Shanghai, Xiaman, Hong Kong, Singapore and Port…
Maersk CEO: Container Demand ‘Biggest Question Mark’ of 2024 Second Half
Vincent Clerc said in an earnings call that a potential East Coast and Gulf Coast port dockworker strike was…
FMC Establishes Rules for Carriers Seeking to Deny Cargo Space
Ocean carriers will be required to document policies like pricing strategies and service offerings for…
Red Sea Diversions Have Cost the Suez Canal $2 Billion
Osama Rabie, the head of the Suez Canal Authority, said revenues fell 23 percent to $7.2 billion in the…
CMA CGM Taps Google to Deploy AI Across Shipping, Ceva Logistics
The ocean carrier will use the search giant's technology to optimize vessel routes, container handling and…