Several Texas ports began to resume operations on Wednesday, after winter storm Enzo moved out of the state, according to ports and a shipping notice seen by Reuters.The port of Freeport had resumed vessel operations on Wednesday morning, while…
“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO…
Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, announces the release of Vantage Automation version 7.2, the latest evolution of its cone crusher control platform.Designed…
GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…
U.S.-flag Great Lakes freighters (lakers) moved 76.3 million tons of cargo in 2024, a decrease of 6.3 percent compared to 2023. The 2024 float was 4.6 percent below the fleet’s 5-year average.Compared to 2023, salt shipments increased by 5.8 percent while sand shipments increased by 15…
The Baltic Exchange's dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates weakened across all vessel segments.The overall index…
China’s Ningbo-Zhoushan Port saw its cargo throughput exceed 1.37 billion tons in 2024, ranking it top globally for the 16th consecutive year.In 2023, Ningbo-Zhoushan Port processed a cargo throughput of 1.32 billion metric tons, marking a year-on-year increase of 4…
SEFE Securing Energy for Europe and marine infrastructure provider Höegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe…
In response to a series of devastating fires caused by improperly handled charcoal, shippers should be ready to see carriers phase in new tighter regulations this year, says the World Shipping Council, ahead of mandatory IMO regulations in 2026…
The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the years ahead, CEO Mario Cordero said Thursday during his eighth annual State of the Port address…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates across all segments weakened.The index, which factors in rates for capesize…
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said…
Danish businesses are concerned about a possible trade conflict with the United States over Greenland, a major lobby group said on Thursday after business leaders, including CEO of obesity drugmaker Novo Nordisk, met with the government.Denmark's…
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize and supramax segments.The index, which factors in rates for capesize…