Tag: Maritime transport

Port strike sparks concerns about insurance

This work stoppage impacts a broad ecosystem of companies related to trade and marine insurance. The International Longshoremen’s Association (ILA) began a strike on October 1 due to a lack of agreement with terminal operators and shipping lines, represented by the United States Maritime Alliance. This labor stoppage has halted container, and vehicle imports just […]

6 bridge collisions in the United States

Incidents between ships and bridges that have left their mark on maritime transport On March 26th, the Francis Scott Key Bridge in Baltimore collapsed after colliding with a 948-foot-long container ship, which lost power during its journey. The incident led to the closure of one of the busiest ports in the United States, while rescue […]

No more detention fees with FMC rule for container billing practices

With the new resolution, cargo transportation companies won’t need to seek reimbursements from shippers The Federal Maritime Commission recently announced a final rule aimed at simplifying international container billing practices. This addresses detention and demurrage fees that maritime carriers have been imposing, leading truckers to seek reimbursements from shippers. Armand Patella, Executive Vice President of […]

Disruptions in freight transport following Suez Canal problems

This scenario affects the efficiency and speed of shipping worldwide. The Suez Canal, a crucial maritime route connecting the Mediterranean Sea to the Red Sea, has been facing significant challenges since mid-November due to attacks by Houthi rebels from Yemen, backed by Iran. This has led to increased maritime transportation costs, with major container companies […]