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Transportation Marine

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  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies halted loading and unloading of freighters for the weekend, citing chronic cargo backups that shippers and dockworkers have blamed on each other during months of labor tensions. But a planned resumption of federally mediated contract talks was pushed back...

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions. The companies, represented by the Pacific Maritime Association, have accused...

  • LONDON, Feb 9- The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand especially from China battered sentiment. In one of the first casualties of the recent downturn, privately-owned shipping company Copenship said last week it had filed for bankruptcy in...

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions. The companies, represented by the Pacific Maritime Association, have accused...

  • LOS ANGELES, Feb 6- Cargo freighter loading and unloading operations will be suspended at U.S. However, the Pacific Maritime Association said terminal yard, rail and gate operations at the ports, which handle nearly half of U.S. maritime trade and more than 70 percent of imports from Asia, would go on at the discretion of terminal operators through the weekend, the...

  • SHIPPERS SUSPEND WEEKEND CARGO VESSEL LOADING AND UNLOADING OPERATIONS AT U.S.

  • Oil tankers run gauntlet in Nigeria's "pirate alley" Thursday, 5 Feb 2015 | 11:35 AM ET

    LONDON, Feb 5- A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as "pirate alley". Security experts say the waters off Nigeria are now the deadliest on earth, surpassing Somalia on...

  • LOS ANGELES, Feb 4- The chief labor negotiator for shippers and terminal operators at 29 U.S. West Coast ports raised the ante in contract talks with the dockworkers' union on Wednesday, warning that ports plagued by chronic cargo slowdowns were days away from complete gridlock. The companies have repeatedly accused the International Longshore and Warehouse...

  • PORTLAND, Maine, Feb 4- Eastern Canada has joined a race to export North America's vast natural gas riches to energy-hungry markets overseas, with four projects betting the far-flung Atlantic provinces will be the easiest route to Europe and India. Together, the four projects proposed for New Brunswick and Nova Scotia would take an estimated 1.5 trillion cubic...

  • Iranian fuel oil exports trade skirts sanctions Tuesday, 3 Feb 2015 | 11:34 AM ET

    DUBAI, Feb 3- Iran is sidestepping Western sanctions and managing to sell hundreds of thousands of tonnes of fuel oil every month through companies based in the U.S.-allied United Arab Emirates, trading sources told Reuters. But Tehran has been using innovative methods to circumvent the restrictions, several Middle East- based trading sources said.

  • A once-sunk industry floats again Saturday, 5 Jul 2014 | 7:00 AM ET

    The recession took the boating industry from 400,000 new yearly registrations to less than 200,000. Now it is floating again.

  • Lloyd's of London: Marine still strong in Asia Wednesday, 6 Nov 2013 | 7:12 PM ET
    Lloyd's of London: Marine still strong in Asia

    John Nelson, Chairman of Lloyd's of London describes that while it has diversified from marine insurance, it still remains significant in Asia.

  • Marine Wire Story Sunday, 1 Dec 2002 | 12:00 AM ET