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  1. Record $148 Million Heroin Bust Made At UK Port

    Benzinga via Yahoo FinanceSep 05 15:53 PM

    Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized ...

  2. Cash return on invested capital came in at 6.9%, that's up from a negative 1.4% last year. And we also are happy to say that we can declare victory in terms of harvesting synergies ...

  3. Container Inspections Reveal Misdeclared Cargo, Poor Stowage

    Benzinga via Yahoo FinanceSep 06 20:29 PM

    S.-based National Cargo Bureau discovered a shocking number of containers with misdeclared and improperly packaged cargo. CINS describes itself as "a shipping line ...

  4. Bank named Stephan Engels from Commerzbank as its finance chief on Thursday, in an ongoing overhaul by the Danish lender's new boss to restore trust after its involvement in a ...

  5. Ocean Rate Report: Jitters For Bulkers, Steady For Boxes

    Benzinga via Yahoo FinanceSep 11 17:48 PM

    If dry bulk ocean shipping was a professional football team, it would be the New Orleans Saints. The Saints have performed brilliantly on rare occasions (Super Bowl XLIV, the final 37 ...

  6. Ocean Rate Report: "Sizzling" Bulkers Hit Near Nine-Year High

    Benzinga via Yahoo FinanceSep 05 13:35 PM

    On Sept. the Baltic Dry Index (BDI), which tracks rates of bulkers in multiple segments, hit 2,518 points, its highest level since November 2010, almost nine years ago. Shares in the Breakwave ...

  7. Port Report: China's Golden Week Means Cuts In Ocean Service

    Benzinga via Yahoo FinanceSep 05 12:58 PM

    The two largest container shipping alliances outlined service cuts for the first week of October due to the closure of China's factories during the nation's Golden Week celebration ...

  8. Georgia Ports Authority Celebrates "Incredible" Achievements

    Benzinga via Yahoo FinanceSep 16 17:39 PM

    Griff Lynch, executive director of the Georgia Ports Authority, is happy. "I am so happy to tell you today that by the end of this month — sometime in September — the Army Corps of Engineers ...

  9. Ocean Rate Report: Saudi Attacks Spark Higher Tanker Earnings

    Benzinga via Yahoo FinanceSep 19 14:14 PM

    The drone and missile attacks on Saudi Arabian oil facilities do not appear to be a doomsday event for crude tankers. The most directly exposed shipping segment is very large crude carriers ...

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