WSJ News Exclusive | U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader

[ad_1] The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions. [ad_2] Source link

WSJ News Exclusive | Russia Turns to Little-Known Shipping Companies to Secure Drone Supply Chain

[ad_1] Listen to article (2 minutes) ISTANBUL—Russia is adapting to Western sanctions on its military supply chain by turning to a netherworld of shipping and logistics companies to bring in…

The Panama Canal Has Become a Traffic Jam of the Seas

[ad_1] More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. [ad_2] Source link

U.S. Importers Are Absorbing Higher Shipping Costs This Summer

[ad_1] Costs to ship goods from Asia to the U.S. are turning sharply upward, but American importers appear to be absorbing the higher prices after watching freight rates plummet this…

WSJ News Exclusive | New Ports Contract Would Raise Pay 32%, Bring Dockworkers $70 Million in Bonuses

[ad_1] This week’s tentative agreement at West Coast ports is the latest union deal to bring sizable wage increases to transport workers. [ad_2] Source link

Dockworkers Extend Job Actions Delaying West Coast Port Cargoes

[ad_1] Retailers are seeking White House intervention as long-running labor contract talks falter over wages. [ad_2] Source link

Iran Seizes Second Oil Tanker in a Week

[ad_1] The incident came six days after Iranian forces in the Gulf of Oman seized a Marshall Islands-flagged oil tanker bound for Texas. [ad_2] Source link

Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers

[ad_1] The retailer is pressing a case with maritime regulators as it prepares to shut its U.S. stores. [ad_2] Source link

West Coast Dockworkers Reach Tentative Deal on Port Automation

[ad_1] The agreement in the long-running talks clears one big hurdle and leaves negotiators to focus on wages. [ad_2] Source link

Retailers Reaping Big Savings on Ocean Transport Costs

[ad_1] Container lines are slashing thousands of dollars from contract rates in a bid to fill up ships. [ad_2] Source link