You Searched For "shipping corp container corporation" and got 19 results
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10 mins read
Iran's Islamic Revolutionary Guard Corps gets powerful ships to confront adversaries well beyond the Persian Gulf
Iran's Islamic Revolutionary Guard Corps (IRGC) added missile corvettes and a mothership for specia…
Benjamin Brimelow
2 mins read
Russia gave Yemen's Houthi rebels satellite data so they could attack Red Sea shipping lanes: report
The satellite data was transferred to the Houthis through Iranian Revolutionary Guard Corps members…
Matthew Loh
2 mins read
The container ship that struck the Baltimore bridge is almost 1,000 feet long — here's why they keep getting bigger
The world's largest shipping vessels more than doubled in size between 2006 and 2020. Experts say t…
Pete Syme
3 mins read
Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms
Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …
PTI
2 mins read
The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates
Since peaking during the pandemic, the transportation industry has faced a protracted slump. An ind…
Joseph Wilkins
3 mins read
63 cruise ships owned by Carnival Corporation released more toxic sulfur gasses than all the cars in Europe, study says
A recent study found 63 cruise ships owned by Carnival Corporation emitted 43% more sulfur oxide in…
Hannah Towey,Morgan McFall-Jo…
4 mins read
The Baltimore bridge disaster is just the latest knock to global shipping and trade
The Dali, a cargo ship, collided with the Francis Scott Key Bridge in Baltimore on Tuesday, shuttin…
Huileng Tan
4 mins read
Iran flaunts a new ship-fired missile, but analysts say it's no game-changer
Iran launched a ballistic missile from a ship for the first time, but it's hardly the wide-ranging …
Paul Iddon
1 min read
The world's largest shipping company said it's giving away $80 million in bonuses to employees as it sets to make record profits this year
Maersk posted its most profitable quarter in its 117-year history last month as the global shipping…
Huileng Tan
3 mins read
The CEO of Carnival, the world's biggest cruise company, says the huge demand for travel on its ships is outstripping supply
Carnival chief Arnold Donald said cruises are in high demand and the chance of a COVID outbreak onb…
Grace Dean
2 mins read
Britain's largest port, which handles nearly 40% of all containers, is facing a massive backlog of ships as it approaches its busiest time of year: the holiday season
The logjam is due, in part, to a shortage of drivers certified to operate heavy goods vehicles, kno…
Erin Snodgrass
4 mins read
Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster
Maritime law experts said Grace Ocean Private Ltd will almost certainly try to limit its liability …
Natalie Musumeci
1 min read
Deutsche Bank stands to make $1 billion on a single long-shot trade involving a distressed Israeli shipping company, report says
As shipping costs skyrocketed in late 2020, Zim Integrated Shipping Services saw its business take …
Ethan Wu
3 mins read
Holland America hit with lawsuit over deadly COVID-19 outbreak onboard MS Zaandam
A number of law firms have joined up to file a federal class action injury lawsuit against the Holl…
Áine Cain
4 mins read
Raising interest rates won't fix the real reason behind inflation: price-gouging and corporate greed
The high cost of goods right now isn't just a product of the pandemic. It's also a result of years …
Paul Constant
2 mins read
The operators of the Ever Given may be forced to unload its 18,000 cargo containers onto other ships, report says
Ever Given's operators are facing mounting pressure to deliver their goods to customers while the s…
Sophia Ankel
2 mins read
Ship congestion has hit a record high at Southern California's main ports
Ships are experiencing delays in delivering US imports as they struggle to find space at Los Angele…
Fatma Khaled
1 min read
Shipping stocks have notched triple-digit gains in 2021 as transport rates skyrocket
Shares of Evergreen Marine Corp - the owner of the Ever Given ship that got stuck in the Suez Canal…
Emily Graffeo
2 mins read
Carnival-owned Holland America is charging unpaid crew workers stuck on its ships $40 a month for internet, and employees are livid
One Holland America crew member told Business Insider that the cost "wouldn't sting as much if the …