Cargo News


DP World Romania Doubles Container Shipping Capacity in Black Sea Port

Jun 19, 2024

DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also boost cargo and other freight, its chief executive officer said.The operator, part of the UAE's DP World [RIC:RIC:DPWRD…

Russian Oil Exports from Western Ports Seen Lower in July

Jun 19, 2024

Russia's oil exports from its western ports in July are expected to decline from June amid higher refinery runs and Moscow's pledge to stick to OPEC+ output cuts, two traders said.Russian oil exports from Baltic ports Primorsk and Ust-Luga as well as the Black Sea port of Novorossiisk…

Ford Tests Shipping Cars from Mexico's Guaymas Port

Jun 18, 2024

Ford shipped its first batch of cars on Tuesday from the once-neglected Guaymas port near its plant in the northern Mexican state of Sonora in a project that, if fully launched, could cut the U.S. automaker's logistics costs, according to the state governor…

Unifeeder, MPCC JV Aims to Drive Decarbonization

Jun 18, 2024

Unifeeder A/S and MPC Container Ships ASA (MPCC) announced a new collaboration to make joint investments into energy efficiency technology (EET), a partnership that will see the parties unite to increase decarbonization and efficiency in maritime transport…

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Jun 13, 2024

TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge…

Xeneta: US Importers Caught in a Vicious Circle

Jun 12, 2024

Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious circle of disruption in ocean freight container shipping.The International Longshoremen’s Association (ILA)…

Trans Mountain Pipeline to load 22 Tankers in Vancouver

Jun 12, 2024

Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a 'little bit' of spot capacity also being used, a Trans Mountain executive said on Wednesday…

Cargo Integrity Group Highlights Potentially Dangerous Cargoes

Jun 10, 2024

The Cargo Integrity Group has identified 15 cargoes commonly carried in containers that under certain conditions can cause dangerous incidents.The Group urges everyone handling these goods to follow all applicable regulations, the CTU Code and industry best practices…

Tanger Med Port Container Volumes Surge

Jun 10, 2024

Morocco's Tanger Med port expects to top its nominal processing capacity of nine million containers this year, the port's deputy managing director told Reuters, adding security problems in the Red Sea had had little impact on traffic growth…

Russia Starts Wheat Shipments to Brazil from Baltic Terminal

Jun 07, 2024

Russia has started wheat shipments to Brazil from Vysotsky Port on the Baltic Sea, the quality inspection arm of Russia's agricultural watchdog said on Friday.'Grain was shipped to Brazil from Russian Baltic Sea ports for the first time,' the grain quality assessment centre said…

Great Lakes Trade: Limestone Up, Iron Ore Down in May

Jun 07, 2024

Great Lakes shipments of limestone rose and iron ore fell in the month of May, according to latest figures published by industry trade group the Lake Carriers' Association (LCA).Shipments of limestone on the Lakes totaled 3.9 million tons in May…

China Solidifying Lead in Global Electrolyzer Market

Jun 05, 2024

Mainland China's national plan identifies hydrogen as a key element in its low-carbon energy transition strategy. The nation is committed to using hydrogen for decarbonization, with Rystad Energy projecting the installation of approximately 2…

Cocaine Seized from Container at Port of Gemlik

Jun 04, 2024

Turkish authorities seized 373 kilograms (822 lb) of cocaine shipped from Latin America and hidden in a container at the Turkish port of Gemlik, detaining nine suspects, Interior Minister Ali Yerlikaya said on Tuesday.The minister said on X…

World Shipping Council Welcomes New SOLAS Regulations

Jun 03, 2024

The World Shipping Council (WSC) has applauded the recent adoption of amendments to SOLAS at MSC 108. Starting January 1, 2026, these amendments will require mandatory reporting of all containers lost at sea, setting a new standard for maritime safety and environmental protection…

Maersk Raises 2024 Guidance on Strong Demand

Jun 03, 2024

Danish shipping group AP Moeller-Maersk on Monday raised its full-year profit guidance for the second time in a month on the back of strong container market demand and the crisis in the Red Sea.Maersk now expects its underlying earnings before interest…

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