Cargo News


Over 100 Cattle Die on Voyage to Indonesia

Mar 26, 2024

Over 100 cattle have died after departing Australia on the Brahman Express. The vessel, built in 2002 and operated by Vroon, was destined for Indonesia.This is one of the highest mortality rates reported on an Australian short haul cattle shipment…

Automakers Reroute Shipments After Baltimore Bridge Collapse

Mar 26, 2024

U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal.'We expect the situation to have minimal impact to our operations…

Baltimore Bridge Collapse Could Disrupt Supply Chain -Xeneta

Mar 26, 2024

The containership allision that caused the collapse of the Francis Scott Key Bridge in Baltimore could cause 'significant disruption' to shipping supply chains, according to industry analyst Xeneta.The 10,000 TEU Singapore-flagged Dali was operating…

SC Ports Reports Imports Uptick

Mar 25, 2024

South Carolina Ports reports imports are trending back upSouth Carolina Ports handled 202,349 TEUs and 111,902 pier containers in February, with pier containers up 1% from last year. Loaded import TEUs were up 11% over last February.Inland Port Greer handled 15…

Philippines to Build Islands Port Near Taiwan

Mar 22, 2024

The U.S. military will not be involved in development of a port in the Philippines' remote northernmost islands near Taiwan, the local governor said, removing a potential source of friction with China over the U.S. presence in the region.The governor of the Batanes islands…

Exxon Mobil Continues to Ramp Up LNG Portfolio

Mar 22, 2024

Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own gas rather than trading that of third parties, said Peter Clarke…

Marcor Stevedoring Takes new Harbor Cranes

Mar 22, 2024

The LHM 800 will be used for handling dry bulk commodities such as agri-bulk, biomass, fertilizers, and mineral bulk cargoes. The crane will increase the throughput and efficiency of the terminal, which is expected to reach 10 million tonnes per year by 2025…

China Grain Imports Near Record High

Mar 21, 2024

Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat…

Ten Organizations Team Up on Guidelines for Combating Illegal Wildlife Trafficking

Mar 20, 2024

Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take…

Reliance Refusing Sovcomflot Oil Shipments

Mar 20, 2024

India's Reliance Industries, operator of the world's biggest refining complex, will not buy Russian oil loaded on tankers operated by shipping company Sovcomflot (SCF) after recent U.S. sanctions, according to two sources familiar with the matter…

Port NOLA Bests Container-on-barge Record

Mar 18, 2024

The Port of New Orleans (Port NOLA) said 2023 was a record year for container-on-barge shipping.During the last calendar year, Port NOLA marked 20,500 container moves by barge, the highest since launching the container-on-barge network—the nation's…

Mexico Could be Back Door for Chinese Imports into US

Mar 17, 2024

Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become a back door into the US.According to analysts at Xeneta, 117,000 TEU was shipped in January of this year compared to 73…

King Abdul Aziz Port Breaks Container Handling Record

Mar 14, 2024

In February 2024, King Abdul Aziz Port in Dammam, Saudi Arabia, achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023.This marks the highest monthly handling in the history of the port…

Brazil Eyes Exports via China-Controlled Chancay Port

Mar 14, 2024

Brazil is interested in exporting soy, corn and other products through Peru's China-controlled Chancay port, Peruvian Economy Minister Jose Arista said on Thursday, according to state news agency Andina.Brazilian Planning Minister Simone Tebet visited the port…

Hapag-Lloyd to Seek Cost Cuts After Net Profit Slump

Mar 14, 2024

German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators…

Current News

Ukraine Explores Using Baltic Ports for Grain Exports

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

Supply Pressurei in Container Vessel Sector

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