News

Stay Up to Date with the latest Laufer and Industry News.

Boxship collides with floating bridge in Suez Canal

A Singapore-flagged containership One Orpheus struck a floating bridge on Wednesday in the eastern lane of the Suez Canal after losing control of its steering

Dec 07, 2023

US imports dragged down by seasonality, Panama Canal crisis

November imports fall 9% vs. October; East/Gulf Coast ports hit hardest

Dec 07, 2023

The World’s Key Canal Is Clogged Up. Winter Fuel Prices Could Get Wacky

In the troubled waters of the Panama Canal, gas carriers—and their investors—are reaping bumper profits

Dec 07, 2023

Chunk of Global Trade Menaced by Attacks on Red Sea Shipping

Fresh attacks on vessels in the Red Sea are raising insurance premiums for ships in the region and menacing commerce in a conduit for 12% of world trade

Dec 07, 2023

US discusses Red Sea naval escorts with allies

Dec 06, 2023
The US is in discussions with allies to create a naval task force to chaperone merchant ships through the Red Sea amid a severe drop in security in waters off Yemen
Read More

2024: A ‘Pivotal Year’ for POLB’s Pier B Rail Facility

Dec 06, 2023
The Port of Long Beach (POLB) on Nov. 29 announced that after more than 15 years of planning, it is going out to bid in early 2024 for its first construction contract to begin building the $1.567 billion Pier B On-Dock Rail Support Facility, which will be built in phases with the final segment due to be completed in 2032
Read More