Train Movements in Canada Close to Normal After Labor Chaos August 30, 2024 Bloomberg CN started its return to service on August 23, while CPKC workers returned to the job August 26. Read More
U.S. Warns Leaking Tanker Poses Growing Red Sea Pollution Risk August 29, 2024 Bloomberg The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.Read More
Panama Canal Eases Limits That Caused Global Shipping Bottleneck August 28, 2024 Bloomberg 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.Read More
IBM to Shut China R&D Team, Affecting Less Than 1,000 Staff August 27, 2024 Bloomberg Hardware is a particularly sensitive arena given the U.S. and China are locked in a conflict over key technologies from semiconductors to artificial intelligence. Read More
Indian Port Unions, Officials to Meet in Attempt to Avert Strike August 27, 2024 Bloomberg India’s 12 largest ports handled 818 million tons of cargo in the year through March, a 4.4% increase over the prior year.Read More
U.S. Sanctions Seven ‘Dark Fleet’ Ships Linked to Russia LNG August 26, 2024 Bloomberg U.S., EU and U.K. authorities have imposed sanctions on dozens of tankers tied to the Russian oil trade since late last year. Read More
Burning Red Sea Oil Tanker Risks Ecological Disaster, EU Warns August 26, 2024 Bloomberg 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.Read More
Miners Tap Trucks, Divert Shipments to Sidestep Canada Rail Woes August 23, 2024 Bloomberg Canada’s mining sector depends on the country’s two dominant railways to transport heavy materials including copper, aluminum, iron ore and coal.Read More
Greek-Operated Oil Tanker Safe at Anchor After Red Sea Missile Attack August 22, 2024 Bloomberg The Sounion was attacked while sailing through the waterway and suffered minor damage, its owner and operator Delta Tankers said.Read More
Beached Cargo Ship Leaks Oil Off South Africa’s West Coast August 21, 2024 Bloomberg 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.Read More