Panama Canal drought moves Maersk to start using land bridge for cargo

Panama Canal drought moves Maersk to start using land bridge for cargo

A severe drought has led to water depth and weight restrictions on ships passing through the Panama Canal, and additional container surcharges imposed by ocean carriers on shippers for months. “Based on current and projected water levels in Gatun Lake, the Panama Canal Authority (ACP) has needed to make reductions to the amount and weight … Read more

Armed, Uniformed Men Divert Oil Tanker to Iranian Waters

Armed, Uniformed Men Divert Oil Tanker to Iranian Waters

Updated Jan. 11, 2024 7:58 am ET Armed, uniformed men boarded an oil tanker off the coast of Oman that has been at the center of a dispute between Iran and the U.S. and changed its course toward Iranian waters on Thursday, according to maritime intelligence firms, marking a further escalation along shipping routes in … Read more

Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

Updated Jan. 10, 2024 9:04 am ET Western importers are reporting a steep rise in ocean-shipping rates and weekslong delays as carriers divert ships from the Red Sea to avoid Houthi rebel attacks. Some companies shipping goods on the crucial trade lane are starting to chafe at the rising prices and extra fees that ocean … Read more

U.S. Says Iran Drone Struck an Oil Tanker Near India

U.S. Says Iran Drone Struck an Oil Tanker Near India

A chemical tanker in the Indian Ocean was struck by a drone launched directly from Iran early Saturday, the Pentagon said, signaling a widening risk to shipping after Yemeni rebels started attacking vessels in the Red Sea. “The motor vessel Chem Pluto, a Liberia-flagged, Japanese-owned, and Netherlands-operated chemical tanker was struck at approximately 10 a.m. … Read more

Businesses Are Boosting Online Presence and Pursuing

Businesses Are Boosting Online Presence and Pursuing

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) — Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, today released its Fall 2023 Business Trends Index, a collection of trending searches for freelance digital services on Fiverr’s platform. Among the millions of inquiries on the marketplace, these services saw the … Read more

Russia Withdraws Black Sea Fleet Vessels From Crimea Base After Ukrainian Attacks

Russia Withdraws Black Sea Fleet Vessels From Crimea Base After Ukrainian Attacks

Listen to article (2 minutes) Russia has withdrawn the bulk of its Black Sea Fleet from its main base in occupied Crimea, a potent acknowledgment of how Ukrainian missile and drone strikes are challenging Moscow’s hold on the peninsula. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link