Hurricane Sally Intensifies Towards Southern U.S

Hurricane Sally strengthens into a Category 2 storm on Monday. There's a chance it will make landfall in southeastern Louisiana, a state still...

Tanker Seized Over $2 million Loan Default

According to a Reuters report, an Indian court orders the seizure of a tanker belonging to Dubai-based oil trading firm GP Global.  This happens...

[Watch] Blaze in Beirut Port Area a Month After Explosion

 A huge fire erupted in the port area of Beirut, one month after a massive explosion there killed more than 190 people. Some fearful residents...

IATA Scaling Up ‘Supply Chain’ With Online Platform for COVID19 Vaccine...

According to a Loadstar article, in preparation for global vaccine delivery, IATA has launched ONE Source, an online platform to match shipping needs with...

[Watch] Nano Sized Antibody Neutralizes COVID19

University of Pittsburgh scientists has come up with a novel nanoparticle antibody that can neutralize coronavirus. The antibody named AB8 acts as both...

The Largest Container Ship To Visit the US East Coast

The largest containership CMA CGM BRAZIL made her inaugural U.S. visit at the Port of New York & New Jersey, says a CMA CGM...

World’s Top Oil Traders Charter Supertankers, Despite Oil Glut

The Leading oil traders across the world, charter dozens of supertankers for potentially storing oil at sea amid signs that demand recovery has...

China To Discipline Transpacific Prices As Europe Struggles

Chinese authorities are set to interfere in both pricing and capacity management on the transpacific, as rates soared to record highs again this...

Transpacific Freight Rates Soar As Shippers Rush for China Goods

Freight rates on the headhaul leg from Asia to the west coast North America hit extraordinary highs. As a result, transpacific container shippers...

E-Commerce Merchants To Rely On Ocean Transport for Early Christmas Shipping

Surge in airfreight rates forces e-merchants to rely on ocean transport in order to ship their goods before the holiday season. One container...