Ports of Indiana announced more than $20 million in expansion and maintenance projects have been approved following several years of cargo growth.Ports of Indiana, which includes Jeffersonville, Burns Harbor and Mount Vernon, handled 11.9 million tons of cargo in 2022…
Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container…
Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…
Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey…
India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports.'King coal is coming back and coming with a big bang…
Ukraine has sent an appeal to the UN and Turkey to start negotiations on extending a grain export deal, but so far there has been no response, a Ukrainian government source said on Tuesday.Yuriy Vaskov, Ukraine's deputy minister of restoration…
Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand.Carriers like…
A containership carrying general commercial goods docked at Yemen's main port of Hodeidah for the first time since at least 2016 on Saturday as parties in Yemen's eight-year war are in talks to reinstate an expired U.N.-brokered truce deal.The conflict…
Xeneta returns this week with a second ranking of carrier carbon emissions, this time focused on the Far East to U.S. West Coast Trade.'Why are we doing this? We want to shine a light on the importance of green shipping and spotlight the progress of carriers…
Florida’s 16 seaports experienced a new record high of 112.5 million tons of cargo received during 2022, a 6% increase over 2021, a newly released report from the Florida Seaport Transportation and Economic Development Council (FSTED) shows…
Joining forces to create the green hydrogen supply chain from Spain to the Netherlands, Cepsa and ACE Terminal have signed a Memorandum of Understanding (MoU). The Spanish energy company will supply green ammonia to the planned ACE import terminal in the port of Rotterdam…
Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…
Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain deal, seeking an extension of at least one year that would include the ports of Mykolaiv, a senior Ukrainian official said on Wednesday…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
The Port of Toronto announced it moved more than 2.3 million metric tonnes of cargo in 2022, its highest recorded cargo levels in 18 years, and welcomed a record 41 cruise ships and more than 12,000 visitors to its Cruise Ship Terminal.The…