Vessel owners rarely carry cargo for their own account. More commonly by far, a vessel owner will charter its vessel to another party to carry their (or their sub-charterer’s) cargo. The contracts can vary widely – from voyage charters or…
New South Wales Government is considering a proposal for a $590 million liquefied natural gas (LNG) import terminal in the Port of Newcastle, with the project given critical state significance.Under the prosposal, the terminal will be built…
The charity behind the campaign to build the UK’s national memorial to the Battle of the Atlantic in Liverpool has announced that HRH The Princess Royal, has become its Patron.In a letter to the campaign Her Royal Highness said:“The Battle of the Atlantic…
Senior Chinese and U.S. trade officials spoke by telephone on Tuesday as the Chinese side lodged solemn representation on additional tariffs on Chinese goods scheduled to start next month, China's Ministry of Commerce said in a statement.The statement was issued at around the same time that U…
A highly placed Gibraltarian government source denied on Tuesday an Iranian news agency report which said the Iranian oil tanker Grace 1 would be leaving the British overseas territory on Tuesday.British Royal Marines seized the tanker on July…
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime…
July is Second Busiest Month in Port of Virginia’s History.The Port of Virginia in July processed 265,559 TEUs (twenty-foot equivalent units) in July, making it the second busiest month in the port’s history.The strong cargo performance was…
Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total…
Chinese oil trader Unipec chartered a supertanker to ship U.S. crude to China in September, trading sources said, the first such cargo since U.S. President Donald Trump announced additional tariffs on Chinese import, ending a monthlong trade truce…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced progress in establishing Centers of Excellence for Domestic Maritime Workforce Training and Education (CoE), which would recognize and support community…
The end of El Nino could boost Atlantic hurricane activity.August 8, 2019 NOAA forecasters monitoring oceanic and atmospheric patterns say conditions are now more favorable for above-normal hurricane activity since El Nino has now ended. Two…
Admiral Mohab Mameesh, Chairman of the Suez Canal Authority and Suez Canal Economic Zone, announced the successful transit of MSC GULSUN, the world’s largest container vessel, on its first trip through the New Suez Canal. The Panamanian ship transited the Canal with the northbound convoy…
CBP Intercepts Five Destructive Asian Gypsy Moth Egg Masses on Three Vessels.According to the U.S. Department of Agriculture (USDA), Asian Gypsy Moths are one of the most destructive insect pests in the world. They are not known to occur in the United States…
Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report…
The U.S. maritime agency has told U.S.-flagged commercial vessels they should send transit plans in advance to American and British naval authorities if they intend to sail in Gulf waters following several incidents over tankers involving Iran…