As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…
The Port of Houston has seen significant cargo volume growth in 2022.In October, container volumes at Port Houston once again grew by double digits, continuing the trend seen throughout 2022. A total of 371,994 TEUs were handled during the month…
Trade is a major cause of global warming. Think of all those goods travelling from far away on polluting ships – and raw materials and components whizzing across the world in complex supply chains.But the right trade policies can also do a lot to save the planet…
China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the main items, though it shipped less COVID-related items except for rubber gloves, Chinese customs data showed on Sunday…
International geopolitical and economic uncertainty is weighing on container traffic at the Port of Valencia, which reported a 7.7% drop (4,336,957 TEU) for the first 10 months of 2022.According to data from the Statistical Bulletin of the Port Authority of Valencia (PAV)…
South Carolina Ports Authority held a ceremony celebrating the completed rail expansion at Inland Port Greer, a logistics hub in Upstate South Carolina.The rail-served inland port facility opened in 2013, extending the Port of Charleston’s reach 212 miles inland with Norfolk Southern’s daily…
The collapse in spot rates on fronthaul trades has caught the headlines, but shippers on certain backhaul trades have seen equally large drops, with some trades having seen spot rates fall for much longer than on the fronthaul and have fallen below rates in January 2020…
Ukraine has few viable options currently to boost grain exports by rail, road or river barge anytime soon if a United Nations-brokered deal with Moscow to export by sea runs into trouble.Ukraine is one of the world’s leading grain and oilseed…
U.S. Federal Maritime Commission (FMC) Commissioner Carl W. Bentzel last week sent a letter to leaders of the Intermodal Association of North America (IANA) trade group urging harmonization of the Uniform Intermodal Interchange & Facilities…
Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”Peter, it seems like…
Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”
ContainerPort Group (CPG) launched its Expedited Services team, as part of its larger Logistics unit, focused to find solutions to move customer-critical containers that are not easily accessible or otherwise detained at rail yards and container yards across the country…
Sean Dalton, Chair of IUMI’s Cargo Committee reports the majority of marine cargo markets geographically can best be described as “hard” or “improving” amid significant change driven by unprecedented disruption to the global economy and world trade due to the COVID-19 pandemic…
Monthly cargo volumes at Port Houston declined in April as the coronavirus outbreak continued to impact commerce in the U.S. and across the world.Port Houston, the 6th largest container port in the U.S., handled a total of 221,540 twenty-foot equivalent units (TEUs) in April…
The supply of goods through Sweden’s third-largest freight port is functioning well despite the difficult situation resulting from the coronavirus pandemic, the Port of Stockholm said on Friday. The amount of goods transported via the port in…