Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023. 2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates.The index, which factors in rates for capesize…
The Federal Maritime Commission issued a policy statement today making clear it is an appropriate venue where private parties may bring class actions to resolve disputes covered by the statutes the agency administers.The guidance yields important…
The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, Bloomberg news reported on Thursday, citing a person familiar with the matter.Talks between the ILA, which represents more than 45…
Australian animal welfare organization Stop Live Exports reports that the livestock carrier Maysora was loaded with 42,000 sheep, some with open wounds, on December 27.The sheep were loaded in Fremantle and destined for Jordan.The organization…
Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike.'The conditional agreement on wages is set to expire on Jan…
Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…
It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I can’t think of a more auspicious time…
On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nation’s Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine…
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Tuesday but recorded its worst year since 2014, hurt by weaker rates across all vessel segments.The Baltic report will not be published until Jan…
U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…
The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…
Traffic was suspended in Turkey's Bosphorus strait on Thursday after a tanker had an engine failure during northbound transit through the strait that runs through Istanbul, shipping agent Tribeca and the Transport Ministry said.Tribeca said…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…