It’s reasonable for businesses to look at investments in technology that would enhance production and efficiency, said Stephen Lyons.

Bunkering for these twelve new vessels is expected to commence during the second half of 2023, and LNG will be supplied in the Port of Rotterdam.

Talks for a new labor pact between West Coast dockworkers and their employers are stretching into a 10th month, but with no agreement in sight.

During the summer months of 2022, record low water levels on the Rhine meant some vessels were able to carry just 25% of their usual load, so as not to risk running aground on the riverbed.

The delays are weighing on farmers’ incomes and raising costs for traders, so that growing and shipping Ukrainian crops becomes increasingly challenging.

IMCC filed its complaint with the FMC in 2020, alleging, among other things, that they have denied motor carriers the ability to choose their provider when leasing essential chassis equipment.

The European Union has imposed a ban on almost all seaborne imports of Russian refined fuels from February 5, two months after imposing a prohibition on crude oil.

The EU will still get more than a quarter of its diesel imports — around 612,000 barrels a day — from Russia even in January.

Freight carriers are seeing the impact, as the number of big and bulky shipments declines and retail customers continue to pare inventories and push back restocking.