The European Commission will this week unveil its proposed provisional 'safeguard' measures to limit steel imports in response to the imposition of 25 percent tariffs on steel imports by the United States.The European Union fears that the U…
Brazil's federal police sought to arrest some 64 people on Tuesday as part of a cargo theft investigation, police said in a statement, as Latin America's largest economy seeks to gain control over its increasingly insecure highways.The operation…
Shipments of iron ore on the Great Lakes totaled 6.1 million tons in June, an increase of roughly one load in a 1,000-foot-long U.S.-flag freighter, the Lake Carriers’ Association reported. Shipments were 8.7 percent ahead of the month’s five-year average…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday, propelled by strong demand for capesize vessels.The overall index, which factors in rates for capesize…
Yilport Holding has submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of Yilport Holding to operate the…
It took British Maritime Minister Nusrat Ghani just one go to activate the mechanism that sent a big champagne bottle crashing against the massive sidewall of the “Afif”. This marked the official naming of the 15,000 TEU container ship on 16 July 2018…
Royal Boskalis Westminster N.V. (Boskalis) has acquired a sizable logistical management transport contract and has received a letter of award for the transport and float-over installation of an offshore platform with a combined contract value of approximately USD 65 million…
The Papeete Port Authority (PAP) is entering the smart port era with Ci5, a Cargo Intelligent System for goods flow management. This decision was made last March following a request for proposals launched in 2017 and after the opinion issued…
Oakland business leader Cestra ‘Ces’ Butner has been elected President of the Port of Oakland’s governing Board. The Board of Port Commissioners selected their colleague for the top post at a meeting last week.Commissioner Butner succeeds Joan Story…
Heavy transport specialist Mammoet was recently called in to transport of two 430-ton tugboats from the Island Tug and Barge (ITB) Annacis Island facility to Vancouver Harbor.The Island Raider and Island Regent, which each measure 23.9 meters long and 12…
Ocean carrier APL announced that the West Asia Express (WAX) service will be calling the additional ports of Xingang, Busan and Sohar as part of its service rotation, expanding coverage between the Far East and Middle East.According to APL,…
Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.Brent crude futures were down 26 cents, or 0.4 percent…
Marine fuel services provider Pegasus Maritime (Singapore) Pte Ltd has lost its licence to operate bunker crafts in the port of Singapore effective July 16, the Maritime And Port Authority (MPA) of Singapore said on Monday.The MPA has revoked…
Euro zone's surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States' tariffs on European steel and aluminium kicked in, official data showed on Monday.The European Union's statistics office…
Water levels on the Rhine and Danube in Germany remain low after recent dry weather and cargo vessels cannot sail fully loaded on some sections of the rivers, traders said on Monday.The Rhine is too shallow for normal sailings from Cologne to south Germany…