MADRID (AP) — Gibraltar authorities said Tuesday that a cargo ship has been beached to prevent it from sinking after it collided with a liquefied natural gas carrier in the Bay of Gibraltar. A government spokesman said that the situation …
Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine’s Black Sea ports under its new marine cargo and war insurance facility. Launched last month, …
LONDON — Lloyd’s of London insurer Ascot and broker Marsh MMC.N on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway. Russia and Ukraine …
MAHA, Neb. (AP) — Railroads will be required to maintain two-person crews under a new rule announced Wednesday that will thwart industry efforts to cut crews down to one person. The Federal Railroad Administration said in a rule published in …
Marine terminals at California’s Port of Oakland opened for normal operations on Monday after port leaders and police ended a week-long independent truck driver protest of the state’s new “gig worker” law, which stranded cargo on ships, docks and warehouses …
LONDON –– Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers …
LONDON —If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenhouse gas emissions, many shipping firms are sticking with …
DHAKA, Bangladesh (AP) — A massive fire at a container depot near a port city in southeastern Bangladesh killed at least 49 people, including nine firefighters, and injured more than 100 others, officials and local media reported Sunday, as efforts …
LONDON/NEW DELHI/TOKYO —Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by …
The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the …