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14 December 2022

Unfortunate Yet Growing Trend: “Wrongful Release”

By Richard Kamppari Baker, Claims Director, World Insurance Insurers are seeing an increase in wrongful release cases. Generally, during an economic downturn, the cases for wrongful release rise for...

8 December 2022

Coast Guard Faults Pilot in March 2022 Ever Forward Ship Grounding

This past March, the cargo ship Ever Forward ran aground in the Chesapeake Bay while it was traveling from the Port of Baltimore to Norfolk, Virginia. It took authorities...

2 December 2022

U.S.-Based Cannabis Co. Launches Division for International Cannabis Shipping

The “357 Company,” specializing in shipping federally legal hemp within the U.S., announced it is launching a division called “357 Canna Logistics” for the international shipping of cannabis and...

28 November 2022

UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban

Using the country’s insurance, brokerage, and shipping services, the UK government is set to cap the price of Russian oil for any country wanting to purchase it. In a...

21 November 2022

Taiwan Sees Surge in Trade with Europe

In the first ten months of 2022, Taiwanese exports to the European Union grew at a rate of 14.9% annually, as Taiwan has called for talks on a bilateral...

17 November 2022

New York Extends Lead Over CA as Nation’s No. 1 Port

For the second consecutive month, the East Coast’s Port of New York and New Jersey has become the nation’s business seaport. In September of this year, the port moved...

27 October 2022

Suez Canal to Hike Transit Tolls in 2023

Tolls for all vessel types using the Suez Canal, including tankers and containerships, are set to rise by 15% next year, with the exception of dry cargo and cruise...

27 October 2022

Global Shipping Companies Now Want to Fly Their Goods Too

Ocean freighters have been adding air cargo to their businesses, as the unpredictable nature of supply and demand has created a need for goods to be flown. Being able...

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Latest News

Unfortunate Yet Growing Trend: “Wrongful Release”

Coast Guard Faults Pilot in March 2022 Ever Forward Ship Grounding

U.S.-Based Cannabis Co. Launches Division for International Cannabis Shipping

UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban

Taiwan Sees Surge in Trade with Europe

New York Extends Lead Over CA as Nation’s No. 1 Port

Suez Canal to Hike Transit Tolls in 2023

Global Shipping Companies Now Want to Fly Their Goods Too

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