Crude Oil Outlook Dims on Debt Limit And Recession Risks

Oil prices rebound during the week, but the near-term outlook remains somewhat bearish Uncertainty over crude oil demand and stalled U.S. debt ceiling negotiations create a negative...

Jefferson High Magnet Program Brings More Women To Field

For countless generations, men have steered ships carrying cargo and passengers around the globe.  Guiding a ship is something Jordan Washington never dreamed of...

France, US, and UK Flex Naval Muscle in Persian Gulf Standoff

The commanders of the US Navy's 5th Fleet, along with their counterparts from the UK and France, conducted a naval trip on the USS...

When Measuring Markets Gets Tricky

The double-digit declines keep piling up for container shipping. The Port of Long Beach said Friday that April imports fell 22% from the year...

Two Multinational Anti-Piracy Task Forces Train Together in Gulf of Aden

Ships from the South Korean and Italian navies sailed together and conducted combined training in the Gulf of Aden, May 17, while operating under...

Port of Los Angeles Shipping Volumes Fell 22% Year-on-Year

Cargo volumes at The Port of Los Angeles during April 2023 were down 22% compared to a year earlier, although volumes have been rising...

Panama Canal Imposes Shipping Restrictions Amid Severe Drought Conditions

A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the...

Harnessing Fiber Optic Cables To Track and Locate Whales!

For the first time ever, researchers have been able to track eight fin whales in near real time as they swam along a stretch...

Baltic Exchange: Maritime Market Highlights 15 – 19 May

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 15 – 19th May 2023, to...

MOL And Mitsubishi Gas Chemical Sign Basic Agreement On Long-Term Charter

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced the signing of basic agreement with Mitsubishi Gas Chemical Company, Inc. (President: Masashi...