Search and Rescue Operation Launched After Collision of Cargo Ships in North Sea
A major rescue operation is underway in the North Sea after two cargo ships, the "Verity" and the "Polesie," collided off the German coast.
Sea Freight Rates from Asia to the US Rise as Companies Look to Regain Profits
Shipping companies are increasing their rates to ship containers from Asia to the US as they attempt to offset a fall in rates ahead of the importing season.