Surging profits over the previous two years filled the coffers of the Saades and rival European shipping tycoons.

In March 2023, an FMC judge ruled in favor of charges filed against OCEMA and 11 international ocean carriers claiming they violated the Shipping Act of 1984.

The Liberian-flagged KMAX Leader bulk carrier is being towed back to the Philippines after arriving at the Port of Gladstone in October 2023 and remaining there for five months.

The order will give the Coast Guard authority to respond to malicious cyberactivity, require maritime vessels to bolster their cybersecurity and impose new rules on reporting cyber incidents at ports.

Technology installed on wind-powered Chemical Challenger targets 15% CO₂ savings on Transatlantic route.

An investigator said in an email to Tri State Intermodal that the FMC was reviewing information and documents provided by truckers.

The current earnings reporting season indicates the impact on supply chains may not be as significant as initially feared

The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.

January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.