Cargo News


PSA BDP Commits to Science Based Target Initiatives

Nov 17, 2024

Philadelphia-based Logistics company PSA BDP has made a formal commitment to the Science Based Targets initiative (SBTi), an organization that provides a clearly defined pathway for companies to reduce greenhouse gas (GHG) emissions.PSA BDP…

Proponents Disagree on Potential of Australian Live Sheep Trade

Nov 14, 2024

Former live export veterinarian and animal welfare advocate Dr Lynn Simpson has joined the debate on the future prospects of Australia’s live sheep trade that was sparked by industry veteran and veterinarian Dr Tony Brightling. The official industry body for the trade sees the future differently…

Book and Claim Registry Launched

Nov 14, 2024

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) are launching Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey…

Germany Rejects Russian LNG Shipment

Nov 14, 2024

Germany has refused to allow a Russian LNG shipment at the Brunsbuttel terminal in northern Germany in line with Berlin's policy not to import LNG from Russia, industry sources said on Thursday.The Financial Times reported earlier on Thursday…

NZ Prime Minister Accused of Being Cryptic on Live Export Restart

Nov 10, 2024

New Zealand animal welfare group SPCA is critical of New Zealand Prime Minister Christopher Luxon, saying he has refused to provide answers about his plans to restart the export of live animals by sea.A ban was implemented by the previous government…

Panama Canal Eyes Doubling Container Transits

Nov 09, 2024

The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway that links the Pacific and the Atlantic oceans, the canal's chief told a maritime conference.The authority, which has an $8 billion investment plan…

ACP: Panama Canal Could Double Box Transits

Nov 08, 2024

The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal's chief told a maritime conference on Friday.A cargo-consolidation plan will seek to increase container volumes by assigning them to larger vessels…

CMA CGM's Profit Jumps on Buoyant Demand

Nov 08, 2024

Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down the risk to trade from possible U.S. tariffs.The French company reported a net profit of $2…

Montreal Port Employers Threaten Shutdown

Nov 08, 2024

Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a 'final, comprehensive offer' to the longshore union.If the Canadian Union of Public Employees Local 375 does not accept the offer by Sunday at 8:00 p…

Three Industrial Projects for Le Havre Announced

Nov 07, 2024

The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the state-run port of Le Havre as part of an effort to attract industrial investment…

Commodities Weigh Trump Win, Tariff Threats

Nov 07, 2024

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…

GHG Emissions cut 55% at Santa Clara Container Terminal

Nov 07, 2024

Wilson Sons certified a reduction of up to 55% in greenhouse gas emissions from Santa Clara Container Terminal cargo operations. Since the start of operations at Santa Clara container terminal in Rio Grande do Sul, over 32,000 tons of carbon have been cut down with inland navigation…

Friday Shipbrokers Arranges Transport of Car Carrier to China for Repair

Nov 07, 2024

Friday & Co. Shipbrokers completed a chartering deal between Boskalis and a Chinese charterer to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China. The project entails transporting the vessel — damaged…

CMB.TECH Profits Rise, VLCC Outlook Good

Nov 07, 2024

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet.'From a supply-side perspective, the outlook for the tanker…

Great Lakes Iron Ore Trade Falls in October

Nov 06, 2024

Shipments of iron ore on the Great Lakes totaled 4.5 million tons in October, a decrease of 12.3 percent compared to a year ago. Shipments were 10.1 percent below the month’s 5-year average.Year-to-date the iron ore trade stands at 41 million tons…

Current News

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Subscribe for Maritime Logistics Professional E‑News