The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) announced in an historic development for U.S. maritime industry that they had reached a tentative agreement which officially ends the longshoremen…
U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time…
Shipments of limestone on the Great Lakes totaled 3.8 million tons in September, an increase of 9.4% compared to a year ago, according to latest figures from trade group the Lake Carriers’ Association (LCA). Limestone cargos were also above the month’s 5-year average by 4…
On the 40th anniversary of the establishment of diplomatic relations between China and the United Arab Emirates, Yangpu Port and Abu Dhabi Port have become sister ports.The move was officiated by an MoU which was signed by the Yangpu Economic Development Zone Management Committee…
U.S. dock workers and port operators have reached a tentative deal that will immediately end a three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the International Longshoremen's Association (ILA) union and the United States Maritime Alliance (USMX) said on Thursday…
Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.5 million tons in September, a decrease of 1.9% compared to a year ago, according to latest figures from industry trade group the Lake Carriers’ Association (LCA). Shipments were above the month’s 5-year average by 6…
Long lines of container ships lined up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day, preventing unloading and threatening shortages of everything from bananas to auto parts…
Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world's largest bunker hub, have surged due to the tight supply available for prompt deliveries, market sources said.The price strength for the fuel, which is used to power ships…
Yara International has officially opened its new ammonia import terminal in Brunsbüttel, Germany.Brunsbüttel is located on the North Sea and Kiel Canal, making it an ideal hub for enabling the hydrogen economy in Europe, says Yara. The terminal…
A strike by 45,000 dockworkers halting shipments at U.S. East Coast and Gulf Coast ports entered its second day on Wednesday with no negotiations currently scheduled between the two sides, sources told Reuters.The lack of progress is raising…
President Joe Biden’s administration heaped pressure on U.S. port employers to raise their offer to secure a labor deal with dockworkers on strike for a second day on Wednesday, choking half the country’s ocean shipping.The strike by the International…
The world of maritime education and training continues to evolove, with the announcement last month that Lloyd's Register had acquired Ocean Technologies Group, and the announcement today that the International Chamber of Shipping (ICS) launches…
“The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected by the COVID pandemic (2020-2023) since the SCFI was launched in October 2009…
Dredging contractor Great Lakes Dredge & Dock Corporation announced it has received several dredging awards totaling $342.3 million.The awarded work includes:Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219…
European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove 'debilitating' to the entire sector, industry officials and analysts said…