Wallenius Wilhelmsen has taken a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg in Sweden.The Port of Gothenburg, the largest port in Scandinavia for vehicles, is strategically positioned…
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP).'This funding is a crucial investment in Louisiana’s future…
Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune…
A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…
You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on…
Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on…
There’s more to domestic dredging than meets the eye. Dredging Contractors of America CEO Bill Doyle is just the guy tell you why.William P. Doyle serves as the Chief Executive Officer of the Dredging Contractors of America (DCA). DCA represents…
Port and logistics firm DP World has surpassed 100 million TEUs of container handling capacity across its global portfolio since inception.The achievement has been made possible due to over $11 billion in strategic investments and infrastructure development over the last decade…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-17-month low on Wednesday, hurt by falling rates across all vessel segments.The index, which factors in rates for capesize…
Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.The year-end total for the iron ore trade stands at 49…
American Cruise Lines is pleased to announce their biggest Alaska cruise season ever. The company will have 2 small ships in Alaska and 5 extraordinary itineraries, delivering once-in-a-lifetime experiences aboard sailings operating this May through September…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…
Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating safety…
European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…