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The Federal Maritime Commission may institute more stringent monitoring of ocean carrier alliances, according to commissioner William P. Doyle.
While the Jones Act is seen as a pillar by many industry and government officials, it's under heavy attack by some legislators and interests.
Rickmers, which manages the ship for Maersk said Iranian navy fired "warning shots" at Marshall Islands-flagged Maersk Tigris.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.