shipping News

Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel

LONDON/NEW YORK —Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters. The …

Lebanon Doubts Ukraine Claim of Stolen Grain on Syrian Ship

BEIRUT (AP) — Lebanon appeared Friday to reject claims by the Ukrainian Embassy in Beirut that a Syrian ship docked in a Lebanese port is carrying Ukrainian grain stolen by Russia, following an inspection by Lebanese customs officials. A senior …

Lloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor

LONDON — Lloyd’s of London insurer Ascot and broker Marsh MMC.N on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway. Russia and Ukraine …

Savannah Port Breaks Cargo Records amid Import Surge

SAVANNAH, Ga. (AP) — The Port of Savannah saw record-breaking cargo volumes this past fiscal year amid a surge in imports and West Coast backlogs that prompted shippers to reroute goods to the East Coast. The Georgia Ports Authority said …

Terminals at California’s Third-Busiest Port Resume Regular Hours

Marine terminals at California’s Port of Oakland opened for normal operations on Monday after port leaders and police ended a week-long independent truck driver protest of the state’s new “gig worker” law, which stranded cargo on ships, docks and warehouses …

Trucker Protest Shuts Down Operations at California Port

OAKLAND, Calif. (AP) — Truckers protesting a state labor law have effectively shut down cargo operations at the Port of Oakland, it was announced Wednesday. “The shutdown will further exacerbate the congestion of containers” and port officials are urging operations …

Ship Insurers Seek More Assurances on Ukraine Grain Corridor

LONDON –– Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers …

Ships Get Older and Slower as Emissions Rules Bite

LONDON —If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenhouse gas emissions, many shipping firms are sticking with …

Russian Oil’s Achilles’ Heel: Insurance

LONDON/NEW DELHI/TOKYO —Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by …

Millions of Bees Used in Pollination Die in Airline Shipping

About 5 million honeybees bound for Alaska last weekend got waylaid when Delta Air Lines routed them through Atlanta, where most of the bees died after being left for hours in crates on the ground during hot weather. The bees …