Greek dockworkers are taking part in a 48-hour general strike and nationwide protests as Parliament debates budget cuts, tax hikes and asset sales to prevent the near bankrupt country defaulting on its sovereign debt....
Read MoreContainer ship owner-charterer Seaspan took delivery of the first of new eight containerships with capacities of 13,100 20-foot-equivalent units. Seaspan chartered the Cosco Glory, built by South Korea’s Hyundai Heavy...
Read MoreU.S. Sen. Orrin Hatch said Tuesday that congressional negotiators have worked out a compromise that will include a renewal of the Trade Adjustment Assistance program. Republicans had objected to renewing the TAA program, arguing...
Read MoreThe MV COSCO Tengfei car carrier, which can hold up to 5,000 cars and trucks, departed from Shanghai’s Waigaoqiao port in the Pudong New Area on Saturday. This is the second delivery by this type of vessel following a...
Read MoreThe laid-up container ship fleet fell to its lowest level since August 2008 and is still shrinking as ocean carriers activate idle tonnage, Alphaliner reported. There were only 63 ships with a combined capacity of 80,000 20-foot...
Read More