News on Ocean Freight Shipping

Houston eyes Asia trade as Panama Canal expands

2010-02-23T16:37:38Z

<div><p>LA PORTE, Texas (Reuters) - Warehouses holding everything from beer kegs to frozen chickens crowd the roadside along Highway 146 south of Houston, and a ferocious building boom is adding acres more, thanks to an even bigger project 1,800 miles away in Pa...

Well at least one thing is growing at Dryships...(DRYS)

2010-02-24T13:31:30Z

....And that would be shares outstanding, up 494% from a year earlier, while its core shipping revenue is down 50%. A 2year stock chart reflects the collapse in DRYS pricing power and the explosion in shares outstanding:

To be fair and accurate, Dryships'(DRYS) smart decision t...

How International Shipping Rates Are Calculated

2010-02-25T20:56:20Z

People who have shipped an item anywhere in the world know that costs often vary per shipment, but just how are these costs applied?<br><br>Well, international shipping rates have many determining factors and rates of calculation. Below are a few of the ways in which a parcel or freight handling service will calculate these international mailing rates.<br><br>1. Weight of shipment ? An item?s weight will greatly determine the cost of sen...

Defending against pirates

2010-02-27T15:20:02Z

<div id="subtitle">Idea that cargo ships should add armed guards to their crews is gaining traction</div><div><p> Both the commander of U.S. Central Command and the captain of the Maersk Alabama testified before Congress recently that cargo ships off the H...

PIRACY

2009-04-25T08:43:32Z

Map of the Horn of Africa region spots the approximate location of a German ship seizaed by pirates and shows international shipping routes and 2009 pirate attacks

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Survey of Industry - Glasgow Docks - Cargo Ships berthed at King...

2009-04-21T13:11:42Z

Survey of Industry - Glasgow Docks - Cargo Ships berthed at King George IV Dock - Clyde Shipping

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Container Freight at Port of Cologne

2009-03-14T17:42:03Z

Aug 27, 2008 - Cologne, Germany - Shipping & freight containers in the busy international shipping port of Cologne

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Extortionists attack Philippine ships, wound 2

2010-03-01T05:22:17Z

<div id="subtitle">Suspected extortionists attack 2 Philippine cargo ships, wound 2 crewmen</div><div><p>Suspected extortionists armed with automatic rifles and rocket-propelled grenades attacked two cargo ships docked at a southern Philippine port, wounding two crew members, the military and coast guard said Tuesday.</p><p>Gunmen on two small boats opened fire on the MV Aaron Keith and the MV Ramona at the port ...

Sri Lanka navy: Rebel suicide attack foiled at sea

2010-02-27T22:26:06Z

<div id="subtitle">Sri Lanka navy says it foiled rebel suicide attack on cargo ships in the north</div><div><p>Sri Lanka's navy destroyed two explosive-laden Tamil Tiger rebel boats Wednesday that attempted to crash into two cargo ships sailing to the country's troubled north, a spokesman said.&am...

The Freedom FREIGHTERS

2010-02-28T05:38:39Z

<div><p>The celebrated Liberty and Victory ships, the wartime emergency program that furnished a huge quantity of jiffybuilt cargo bottoms that buttressed the American war effort abroad are extensively honored. The US Maritime Commission's ongoing cargo ship developments that preceded and superceded the Liberty vessel program have been somewhat overshadowed by the Liberties. The venerable C-cl...