Index-linked contracts combined with derivatives could actually create a completely predictable freight rate environment. Perhaps.

Around 45% of cargo thefts were in California, while 36% of that share took place in what Overhaul calls the "Southern California Red Zone."

India’s 12 largest ports handled 818 million tons of cargo in the year through March, a 4.4% increase over the prior year.

U.S., EU and U.K. authorities have imposed sanctions on dozens of tankers tied to the Russian oil trade since late last year.

The Sounion tanker was hit earlier this week by a series of missiles while sailing through the waterway and suffered a fresh attack on August 23.

The IWSA says the uptick in wind-powered vessels hitting the water has been driven by the performance of wind propulsion technology strengthening in recent years

The Sounion was attacked while sailing through the waterway and suffered minor damage, its owner and operator Delta Tankers said.

The MV Ultra Galaxy that beached at Brand se Baai northwest of Cape Town on July 9 has been pounded by heavy seas in recent days.

Albanian officials say they are investigating how 800 tons of alleged hazardous industrial waste was shipped from one of their ports without authorization

Ahead of looming deadlines, it's unclear whether either situation will resolve in time to avert these twin crises, or how long any potential work stoppages might last.