Oil has yet to leak out of the vessel, but U.S. military leaders estimate that the Sounion could spill four times as much oil as the Exxon Valdez. 

Demand has been especially strong in the U.S., where retailers and other importers are stocking up at warehouses amid worries about new tariffs a possible dockworkers strike.

The M/V Dali crashed in the Key Bridge on March 26, killing six maintenance workers and sending the bridge into Baltimore's main shipping channel in pieces.

The port had announced plans in April to shut down container intake at T6 by October, after the terminal experienced $30 million in losses over three years.

The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.

The union representing 20,000 workers at India's 12 major shipping hubs had initially planned to go on strike indefinitely on August 28.

The move means Walmart could redefine the e-commerce logistics landscape, offering an alternative to Amazon's Fulfillment by Amazon service.

The Panama Canal Authority has increased the draft in the waterway to a maximum 50 feet and will allow 36 vessels a day to transit.

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."