maritime

Yemen’s Houthi rebels have attacked a British cargo ship and shot down a U.S. drone, further escalating tensions in the region. What Happened: The Houthi rebels, who are backed by Iran, claimed responsibility for the attack on the British cargo ship and the downing of the American drone,...

The U.S. Federal Maritime Commission (FMC) said an amendment to a joint venture agreement between two marine terminals at the Port of San Juan in Puerto Rico will become effective today. The FMC did not stand in the way of the formation in late August 2019 of the 50/50 joint venture between Luis...

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver a brief recap of newly released data sets, market indices, and product feature improvements in our This Week in SONAR...

The maritime sector is awash in game changers. How cargo moves by sea in the future will be very different from how it moves today – and that evolution will matter to land-based transport, including trucking. To provide perspective on the myriad changes ahead, FreightWaves LIVE Chicago, to be held...

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver a brief recap of newly released data sets, market indices, and product feature improvements in our This Week in SONAR...

The agency responsible for the health of the U.S. maritime sector will be considering the role that labor and politics play in automating port operations. In comments submitted to the U.S. Maritime Administration (MarAd), Daniel Reiss, president of Automated Terminal Systems (ATS), said that it's...

Executives and staff at the agency responsible for protecting the health of the U.S. domestic maritime industry are vulnerable to cyber hacking that could cause the agency "serious public embarrassment," a government watchdog has found. A report made public today (July 26) by the U.S. Department...

Market Expert Henry Byers shows us how maritime traffic is increasing on the east coast. While Market Expert Donny Gilbert talks hot markets for shippers moving refrigerated goods.

At the Autonomous Ship Technology conference in Amsterdam, Joseph Beel, the strategic programs manager at Cisco, spoke on how advancements in the domains of Internet of Things (IoT), artificial intelligence (AI) and mobility systems are disrupting the way the maritime industry operates – while...

One scenario that has hung over the implementation of IMO 2020 is the possibility that the Trump administration, faced with rising gasoline and diesel costs that could be attributed all or in part to the new regulation, decides to pull the U.S. out of the pact. The setup would fit the current...

Schulte Group has launched INNOPORT, a venture capital unit that invests in global maritime startups. "We want to build bridges and open doors wherever possible," said Yiannis Sykas, INNOPORT chief and director of strategy and product development at Bernhard Schulte Ship management, in a release...

FreightWaves is providing a forum – Market Voices – for a number of market experts. Brian Laung Aoaeh writes about the reinvention of global supply chains, from the perspective of an early-stage technology venture capitalist. He is the co-founder of REFASHIOND Ventures, an early-stage...

U.S. third-party logistics provider MIQ Logistics has been acquired by Noatum Logistics, the transportation, logistics and customs brokerage unit of Spanish-based Noatum Maritime, from private equity firm Austin Ventures. Terms of the transaction were not disclosed. Once the deal closes in the next...

Though there is enough impetus for technology to drive efficiency within the maritime industry, it would entail disrupting processes that have remained entrenched in legacy systems and traditional operations for decades. The industry needs to embrace digitization while capturing information and...

The Grain Transport Report, a weekly publication by the Agricultural Marketing Service (a division of the U.S. Department of Agriculture) released information showing that total export inspections for grain (corn, wheat and soybeans) declined 22 percent from the previous week. The report said that...