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Maritime Industry Legend Jim Lawrence Dies
Jim Lawrence, a towering figure in U.S. maritime industry and founder of the Connecticut Maritime Association (CMA) conference, passed away on Sunday after a short illness.
Drewry: WCIndex Increased 10% in week 22, 2025
In accordance with the assessment of Drewry Supply Chain Advisors, the container rates remain at increasing levels. As it is mentioned, their composite World Container Index increased by 10% to $2,508 per 40-foot container.
US Court strikes down most Trump's tariffs
A US trade court has blocked most of President Donald Trupm’s broad tariffs, ruling that he exceeded his authority by imposing sweeping import duties, according to Reuters.
Drugs floating in the water?
On 29 May (local time), the crew of the Coast Guard cutter USCGC Thetis have offloaded nearly 30,000 pounds of cocaine onto the dock at Port Everglades, Florida, the product of four different interdictions in the Eastern Pacific.
Trump tariffs can stay in place for now, appeals court rules
On Wednesday (29 May,2025), a federal appeals court approved a request from the Trump administration to keep the White House's elevated tariff levels in effect until after litigation plays out at the appellate level. The decision means that the administration's "Liberation Day" tariffs will still be charged to importers, at least for now.
2 Barges collided on Elbe-Seiten Canal
On the afternoon of May 24, the 85 meter long self-propelled bargeEmte (MMSI: 211451030) collided with an undisclosed self-propelled barge on the Elbe-Seiten Canal near Stüde, Germany.