Cargo News


Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

Baltic Index Snaps 3-Session Slide

Dec 20, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index…

NZ SPCA Says Live Export Survey Supports Continued Ban

Dec 19, 2024

The latest Camorra research commissioned by SPCA shows there is ‘very low’ public trust in New Zealand’s live export industry.SPCA Chief Scientific Officer, Dr Arnja Dale, says: “Sending live animals on boats into volatile conditions to destinations…

Germany’s Mosel River Remains Closed for Lock Repairs

Dec 19, 2024

The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…

Germany's Wilhelmshaven Terminal offers May LNG Capacity

Dec 19, 2024

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location…

BlueBox Systems enters TradeTech Accelerator Program in Abu Dhabi

Dec 19, 2024

BlueBox Systems, a provider of freight tracking solutions, was  selected for the TradeTech Accelerator Program in Abu Dhabi, a program that offers logistics and supply chain start-ups a unique platform to develop and scale their businesses and…

US LNG Rises 2% on LNG Plant Volume Data

Dec 18, 2024

U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual to heat homes and businesses during extreme cold for a second week in a row last week…

Trump Tariff Threat Lifts US Ocean Imports

Dec 18, 2024

When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana…

Broad Sector Declines puts Baltic Index at 17-month low

Dec 18, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…

Biden's DoE LNG Export Study Tepid on New Permits

Dec 17, 2024

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits…

Baltic Index Retreats Across All Segments

Dec 17, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Tanco adds $8.2 million to IA Port Investments

Dec 17, 2024

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…

EU Improves Shark Trade Monitoring

Dec 16, 2024

The European Commission is actively following up to the European Citizens’ Initiative (ECI) 'Stop finning – Stop the trade,' which asked the Commission for action to end international trade of loose shark fins.From January 2025, the Commission…

Houston’s Volumes Surge to Best Month of Year

Dec 16, 2024

Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year…

US Study of LNG Exports due on Tuesday

Dec 16, 2024

President Joe Biden's administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said…

Current News

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Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

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