The levy, along with an import price floor, will go into effect Dec. 4, per a proclamation the president issued Thursday.
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FESCO has suspended bookings for the Black Sea following the sinking of its container ship FESCO Yanina, according to DynaLiners. A Ukrainian drone attack sank the 920 TEU vessel approximately 130…
Oman 'facing environmental disaster' as tanker leaks off its coast Oman is facing an impending environmental catastrophe as an alleged Russian shadow fleet tanker leaks oil across hundreds of square…
Legislation implements aggressive economic sanctions, including 100 percent tariff on Russian oil and gas importers.
The U.S. Postal Service lost $2.5 billion in the fiscal third quarter, but revenues were up thanks to a new fee on parcel shipments and higher stamp prices. The post New parcel surcharge helps Postal…
The global shipping industry is witnessing a significant increase in the number of cargo ships deploying wind-assisted propulsion as part of efforts t...
The shipwreck of a 19th-century schooner that gained fame transporting cargo in the Great Lakes is set to be accorded more protection after it was lis...
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