The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiraling spot rates.Data released by Xeneta today, Monday, shows average spot rates from the Far East to US East Coast increased by 3…
Maritime AI company Windward has joined the Amazon Web Services (AWS) ISV Accelerate Program and has collaborated with AWS to launch a generative AI solution. The solution leverages Amazon Bedrock to improve risk management for the shipping…
The Holt Lock on the Black Warrior River in Holt, Ala. is expected to be closed for as long as five more months after cracks and leaks were discovered within the lock infrastructure.The U.S. Army Corps of Engineers closed the lock on June 22…
Each year, criminals try to smuggle countless stolen vehicles through U.S. ports, attempting to load them onto merchant vessels for destinations overseas.The U.S. Customs and Border Protection (CBP) has been cracking down on these efforts. During fiscal year 2023 (Oct…
The U.S. Army has selected Maj. Gen William H. 'Butch' Graham Jr. to be its next chief of engineers and commanding general of the Corps of Engineers, Secretary of Defense Lloyd J. Austin III announced on July 10.Graham is currently serving…
The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.The Drewry…
San Antonio Terminal Internacional (STI) in Chile has announced that Andrés Albertini, the current commercial manager, will take over as general manager of the port terminal on August 1.Albertini holds a degree in industrial engineering with a major in mechanics from Universidad Santa María…
Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic…
Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…
Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…
On July 11, 2024, Dutch students from the TU Delft Hydro Motion Team arrived in Ramsgate with their self-built hydrogen boat, becoming the first to cross from the Netherlands to England with a fully hydrogen-powered vessel, making the nearly 169-km journey across the North Sea on a single tank…
Damen’s new cutter suction dredger, the first of Damen CSD600 series, has started operations in Indonesia.The dredger was transported from Rotterdam, the Netherlands to Indonesia as deck cargo on a heavy lift carrier.The stationary dredger, which has been named Jhoni 58…
India's Adani Ports and Special Economic Zone plans to ramp up its investment to 100 billion rupees ($1.20 billion) to boost its southern India transshipment container port, Bloomberg News reported on Thursday.The investment in Vizhinjam port…
The Port of Corpus Christi has named Kyle Hogan the incoming Chief Operating Officer, to succeed Clark Robertson, who will retire on September 3, 2024. Hogan will oversee Engineering Services, Port Operations, Police and Security, Emergency Management…
The Port of Los Angeles has completed construction of a major rail expansion project on Pier 400 that will improve cargo flow, reduce emissions and improve roadway safety.The rail yard serves as critical link between the San Pedro Bay port complex and the Alameda Corridor…