Cargo News


Coastal Shipping Can Help Cut NZ’s Freight Transport Emissions

May 16, 2023

A shift to coastal shipping and rail could cut NZ’s freight transport emissions – why aren’t we doing it?According to a recent study, coastal shipping produces a fifth of the carbon emissions (well-to-wheel) of road freight. Rail also performed well…

New Container Depot Opened in Port of Mobile

May 15, 2023

The Marino Group announces it has opened a 34-acre depot to meet the needs of the container and intermodal trade through the growing port of Mobile and the U. S. Gulf. The new facility provides container maintenance and repair, loaded and empty container storage…

UN Efforts to Save Black Sea Grain Deal to Continue in Coming Days

May 15, 2023

The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit on May 18 over obstacles to its grain and fertilizer exports.The…

Record US Crude Exports, Rising Shale Output Boosts Oil Flow to Houston

May 12, 2023

Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the space on lines to the main south Texas export hub in Corpus Christi.U.S. crude exports climbed to a record of about 4…

Brazil on Track to Become World Maize Export Leader in '23

May 10, 2023

“Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize exporter this year, which would partially offset weaker harvests in the US, Argentina, and Ukraine…

Why the EU is Restricting Grain Imports from Ukraine

May 09, 2023

The European Commission has announced restrictions on the imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5.The move led to Poland, Hungary, Slovakia and Bulgaria lifting…

Provaris Plans Green Hydrogen Export from Norway to Europe

May 09, 2023

Completion of a pre-feasibility study by Provaris Energy and Norwegian Hydrogen has identified a low-cost project for the export of green hydrogen from Norway to Europe using Provaris’s compressed hydrogen floating storage and carriers.A preferred…

US Consumer Goods Import Forecast Lowered for First Half of 2023

May 08, 2023

Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container volume to remain soft going into this autumn - when retailers like Walmart (WMT.N) should be well into holiday season preparations…

Maersk Expects Recent Drop in Container Demand to Stabilize by Mid-year

May 04, 2023

Shipping group Maersk on Thursday reported first-quarter earnings above expectations and maintained its 2023 profit guidance as it expects a recent drop in demand for container shipments to stabilize around mid-year.Maersk, which transports goods for retailers and consumer companies such as Walmart…

Australia's Exports to China Hit Record Highs

May 04, 2023

Australia's exports to China surged to record highs in March as the Asian giant sucked in more iron for its steel industry and lowered barriers to thermal coal shipments amid thawing diplomatic relations.Data out on Thursday showed exports of Australian goods to China hit A$19 billion ($12…

Crowley Launches Multimodal Service Between Mexico, US and Canada

May 03, 2023

Crowley announced it will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada. Featuring Crowley’s new Mexico-U.S. ocean route in the Gulf, the service will leverage the inland rail network of Canadian National Railway Company and its U…

Bed Bath & Beyond Files Complaint with FMC

May 02, 2023

Bed Bath & Beyond Inc. has filed a complaint against Orient Overseas Container Line Limited and OOCL (Europe) Limited with the US Federal Maritime Commission (FMC).The company is seeking reparations for injuries it alleges resulted from the…

Impasse Remains Over Russian Grain, Fertilizer Exports

May 01, 2023

There is no progress in removing obstacles to Russian grain and fertilizer exports caused by the West's 'sanction strategy', a senior Russian diplomat in Washington said on Tuesday, ahead of the expiry of a deal safeguarding Ukrainian grain exports…

Qube Enters the New Zealand Container Logistics Market

May 01, 2023

Australia-based logistics company Qube Holdings has acquired a 50% stake in New Zealand’s Pinnacle Corporation and 100% of Kalari.Pinnacle, a New Zealand owned and operated group of companies, operates both port-based and stand-alone facilities…

US LNG Exports Go Full Steam Ahead

May 01, 2023

U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, Refinitiv Eikon data showed on Monday.Following…

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