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Maersk Subpoenaed in U.S. Department of Justice Probe of Ocean Carriers - Vimarsana News

Maersk Subpoenaed in U.S. Department of Justice Probe of Ocean Carriers

Danish shipping giant Maersk has confirmed that it has been subpoenaed by the U.S. Department of Justice related to ongoing investigations into ocean carriers and supply chains disruptions. The subpeana,...

Omnibus Budget Bill Includes $8.3 Billion For Corps - The Waterways Journal - Vimarsana News

Omnibus Budget Bill Includes $8.3 Billion For Corps - The Waterways Journal

The House has approved a $1.5 trillion omnibus appropriations bill that gives the Corps of Engineers $8.3 billion for fiscal year 2022.

Biden Announces SPR Oil Releases - The Waterways Journal - Vimarsana News

Biden Announces SPR Oil Releases - The Waterways Journal

To help reduce gas prices in the wake of the Russian invasion of Ukraine, the U.S. will release oil from its Strategic Petroleum Reserve.

Biden Takes on Container Shipping Despite No Evidence of Wrongdoing - Vimarsana News

Biden Takes on Container Shipping Despite No Evidence of Wrongdoing

By Laura Curtis (Bloomberg) — President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack both...

President Biden to Target Container Shipping Alliances in 'State of the Union' Address - Vimarsana News

President Biden to Target Container Shipping Alliances in 'State of the Union' Address

By Nick Savvides in Long Beach (The Loadstar) – US President Joe Biden will today take aim at shipping’s exemption from competition law, saying his administration will target regulations that allow carriers...