Latest News - page 15


Doubling of US Tariffs on India Begins Wednesday

Aug 27, 2025

U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, dealing a serious blow to ties between the two countries that became strategic partners after the turn of this century…

Port Houston Records Double-Digit Gains in Standout July

Aug 27, 2025

July was a standout month for Port Houston’s public terminals, with double-digit growth in key sectors that pushed year-to-date totals to new heights. Container volumes for July were up are markable 21% compared to July 2024, reaching 392,829 twenty-foot equivalent units (TEUs)…

Bristol Harbor Group Welcomes Lauren Kirk

Aug 27, 2025

Bristol Harbor Group, Inc. (BHGI) has welcomed Lauren Kirk as a naval architect to its naval architecture and marine engineering firm. Lauren Kirk holds a bachelor’s degree in Naval Architecture and MarineEngineering from Webb Institute.During her time at Webb…

DP World Deploys Electric Internal Transfer Vehicles in Thailand

Aug 27, 2025

In its latest move towards achieving greener logistics, DP World, a global supply chain provider, has taken another significant step in its decarbonization strategy with the deployment of five new electric internal transfer vehicles (eITVs)…

Hanwha Pledges $5B to Upgrade Philly Shipyard’s Capacity

Aug 27, 2025

Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will…

Terminal Portuario de Guayaquil Training Simulators Boost Efficiency, Safety

Aug 26, 2025

Terminal Portuario de Guayaquil (TPG), a Hanseatic Global Terminals port, is incorporating simulators that raise the standard for staff training, improve safety and optimize operational efficiency. With the equipment, training takes place in…

DFT Freight Predictions Signal End of Oil Era

Aug 26, 2025

The UK’s Department for Transport has today published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, Ro-Ro and container shipping surge…

UAL Introduces New Shuttle Service for Southern Caribbean

Aug 26, 2025

UAL has introduced the UAL Caribbean Shuttle, a fixed nine-day loop service linking Point Lisas in Trinidad & Tobago, Georgetown in Guyana, and Paramaribo in Suriname.The new service responds to increasing demand for reliable, multipurpose shipping options in the Southern Caribbean…

Grain Shipments Halved from Russia, Ukraine

Aug 26, 2025

“Russian and Ukrainian grain shipments are estimated to have plunged 49% combined y/y between January and August 2025. Both countries had a smaller export surplus following weaker grain harvests in the second half of 2024. Overall, the combined…

Shallowing of Caspian Sea Impacts Oil Trade

Aug 25, 2025

Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials.The Caspian, the world's largest salt lake…

Baltic Container Terminal Orders Eight Hybrid Konecranes Cranes

Aug 25, 2025

Baltic Container Terminal (BCT) in Gdynia, Poland, has ordered eight hybrid Konecranes Rubber-Tired Gantry cranes (RTGs) including Konecranes' 3,000th RTG. The contract was signed in Q2 2025. Owned by global terminal operator ICTSI, BCT Gdynia is one of the Baltic Sea’s key container hubs…

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

Aug 24, 2025

Full consent has been granted for Port of Auckland’s Bledisloe North and Fergusson North wharf developments.Port of Auckland has started site preparation works and will look to commence pre-construction works for Bledisloe North wharf in September…

APM Terminals to Accelerate Port Development in Andhra Pradesh

Aug 24, 2025

The Government of Andhra Pradesh in India has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller – Maersk Group, to accelerate port and terminal development in the state.Andhra Pradesh is positioning itself as a logistics hub on India’s east coast…

DOE Grants Lake Charles LNG Additional Time to Commence Exports

Aug 24, 2025

U.S. Secretary of Energy Chris Wright today signed an amendment order granting additional time for Energy Transfer’s Lake Charles LNG Export Company, LLC to commence exports of LNG to non-free trade agreement (non-FTA) countries from the Lake Charles LNG project in Lake Charles…

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Aug 22, 2025

The Baltic Exchange's main sea freight index, which monitors rates for ships carrying dry bulk commodities, rose on Friday and snapped a four-session losing streak, buoyed by gains across all vessel segments.* The main index, which tracks rates for capesize…

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