Legal

Felicity Ace prior to sinking

Felicity Ace sinks

MOL Ship Management (Singapore) reported today that the car carrier Felicity Ace sank at around 9 a.m. local time, some 200 nautical miles off the Azores. The vessel had been in trouble

ocean shipping

Feds up scrutiny of ocean shipping

Here’s another indication that ocean shipping, and in particular the nine carriers and three alliances that dominate the global container shipping market, are facing increasing U.S. scrutiny—and could potentially lose their antitrust