Cargo News


Bangladesh Gets Offers in 50,000 T Wheat Tender

Nov 25, 2024

The lowest offer in an international tender from Bangladesh's state grains buyer to purchase and import 50,000 metric tons of wheat which closed on Monday was assessed at $286.08 a metric ton CIF liner out, European traders said.Offers are still being considered and no purchase has yet been made…

European LNG Imports, Prices Soar

Nov 25, 2024

Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices.European natural gas prices climbed to the highest level in two years last week…

NZ Union Opposes Resumption of Live Export

Nov 24, 2024

New Zealand’s Maritime Union, representing both seafarers and stevedores, has voted to oppose the proposed resumption of live animal exports.A ban was implemented by the previous government after the Gulf Livestock 1 capsized in 2020 leaving 41 crew and 6…

170 Arrested in Coal Ship Blockade

Nov 24, 2024

A climate change protest off the coast of Australia's New South Wales State forced an inbound ship to turn back from the country's largest terminal for coal exports on Sunday, the port operator said.New South Wales police said 170 protesters…

Oakland Import Volumes Near Pre-Pandemic Level

Nov 22, 2024

The Port of Oakland’s container volume registers continued growth in the fourth quarter. Total container volume rose 10% over recorded volumes during the same period in 2023.Loaded imports continue to grow for the 12th straight month. Import volume rose 11…

Angry Farmers Block Bordeaux Port Access

Nov 21, 2024

A group of protesting farmers on Thursday sought to block operations at the port of Bordeaux in southwestern France, as a new bout of agricultural anger intensified in Europe's largest crop-producing country.Farmers in their tractors blocked all of the access roads to the port…

Canal Project to Connect Cambodia's Mekong to the Gulf of Thailand Sinks

Nov 21, 2024

At a ceremony in August, Cambodia's leader Hun Manet knelt to receive blessings from saffron-robed monks as fireworks and balloons heralded the breaking of ground for a canal he hopes will transform his country's economic fortunes. Addressing hundreds of people waving the Cambodian flag…

Key Bulk Vessels Index Down 10% Despite Freight Rate Rebound

Nov 21, 2024

“The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from a 1% increase in shipments so far in November compared to October 2024 and November 2023…

New Zealand Delays Restart of Live Export Trade

Nov 20, 2024

The New Zealand Government’s plan to repeal its ban on live export by sea has been pushed back.  In a statement, the Minister championing the restart of the trade, Andrew Hoggard, himself a farmer who has never exported his animals, confirmed…

Germany Preps for More FSRU Vessels

Nov 19, 2024

Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG)…

Port of Oakland Leads in Ag Reefer Exports

Nov 19, 2024

Port ranks number one for refrigerated exports, supports $8.5 billion in ag exports.The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products. The Port exported 235,899 TEUs (twenty-foot containers) of agricultural commodities as of October 2024…

Hong Kong Maritime Week Summit Highlights Threats to Free Trade

Nov 18, 2024

The International Chamber of Shipping (ICS), the Transport and Logistics Bureau of the Government of Hong Kong, the Hong Kong Shipowners Association and the Hong Kong Maritime and Port Board, convened for a trade summit on November 18.The Hong…

LNG Tankers Divert to Europe After Russia Halts Austrian Supplies

Nov 18, 2024

At least five cargoes of LNG have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.On Saturday Gazprom…

Port Everglades Celebrates Banner Year

Nov 18, 2024

Preliminary fiscal year-end figures show Port Everglades enjoying healthy increases in cruise, cargo and petroleum volumes resulting in record revenues.'Port Everglades is one of Broward County's vital economic engines, which supports more than 11…

Workboat 2024: A Ton of Energy

Nov 18, 2024

There’s plenty to go around for everyone, no matter it comes from.I will admit that attending the 2024 Workboat Show in the Big Easy just ten days after settling into the MarineNews Editor’s chair (for this, the second time around) had my full attention…

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