Bulker Freed After Week Aground: Why Gladstone’s Port Faces Delays
The 182,066 dwt Cape Falcon refloated on high tide, but investigations and detentions threaten Gladstone’s dry bulk.
The 182,066 dwt Cape Falcon refloated on high tide, but investigations and detentions threaten Gladstone’s dry bulk.
Trans-Pacific spot rates remain near July highs as U.S. demand resists Golden Week slowdown and Asian ports stay.
Satellite data reveals 81% of attributable oil slicks are linked to vessels, including dark ships evading tracking.
Acting Navy Secretary confirms eight attempts among USS Abraham Lincoln’s 7,000-strong strike group during record.
Parallel Systems expands its autonomous battery-electric railcar trials to a 30-mile route in Georgia.
Washington imposes outright ban on Canadian dairy, alcohol and large-displacement motorcycles from September 29.
Tender rejections in Houston surged to 10.47% as spot rates jumped 37% week-over-week.
Spot rates soar 40% year-on-year, but carrier margins remain squeezed by fuel costs, warns RXO’s pricing chief.
Protection and Indemnity clubs face pressure to raise rates by up to 7.5% next year.
Rescuers recover nine more bodies from the capsized KM Virgo Transport 8, bringing the confirmed fatalities to 28.