China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the main items, though it shipped less COVID-related items except for rubber gloves, Chinese customs data showed on Sunday…
International geopolitical and economic uncertainty is weighing on container traffic at the Port of Valencia, which reported a 7.7% drop (4,336,957 TEU) for the first 10 months of 2022.According to data from the Statistical Bulletin of the Port Authority of Valencia (PAV)…
South Carolina Ports Authority held a ceremony celebrating the completed rail expansion at Inland Port Greer, a logistics hub in Upstate South Carolina.The rail-served inland port facility opened in 2013, extending the Port of Charleston’s reach 212 miles inland with Norfolk Southern’s daily…
Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1…
Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627…
Delivered in January 2022 and April 2022 respectively from Hyundai Mipo Dockyard in South Korea, the Seymour Sun and Grouse Sun are owned by NYK Bulkship Asia Pte. Ltd., were recognized recently with the 'Green Ship Award' at the Singapore Registry…
The 1,200 foot-primary chamber at Cannelton Locks and Dam on the Ohio River in Cannelton, Ind., officially reopened to navigation traffic, November 13, the U.S. Army Corps of Engineers (USACE) said.Due to scheduled maintenance and repairs, the 1200-foot primary chamber had been closed since July…
The collapse in spot rates on fronthaul trades has caught the headlines, but shippers on certain backhaul trades have seen equally large drops, with some trades having seen spot rates fall for much longer than on the fronthaul and have fallen below rates in January 2020…
Ukraine has few viable options currently to boost grain exports by rail, road or river barge anytime soon if a United Nations-brokered deal with Moscow to export by sea runs into trouble.Ukraine is one of the world’s leading grain and oilseed…
French shipping group CMA CGM on Thursday announced it has appointed Peter Levesque to take over as president of CMA CGM America and American President Lines (APL) upon Ed Aldridge's retirement on December 6.Levesque is an international global…
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based Carbon Sink to secure a supply of green methanol for its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI),…
Container freight volumes at the largest U.S. ports were down 3.8% in September compared with the same month a year earlier, confirming the slackening of merchandise trade and downturn in the business cycle.The ports of New York-New Jersey, Los Angeles…
APM Terminals Aarhus in Denmark recently revealed it is now running on 100% renewable electricity as it strives to offer fossil-free container handling.The milestone occurs well ahead of the terminal operator's goal to source 80% of all electricity consumed in the container handling…
Stolt Tankers and Stolthaven Terminals have partnered to remove and sustainably treat wastewater from ships docked in Houston.In June 2021 the two divisions began a pilot program to identify and balance the challenges, costs and benefits of…
Egypt's Suez Canal Economic Zone (SCZONE) on Tuesday announced it signed a $500 million contract with the Suez Canal Container Company (SCCT) to establish a second container handling terminal in East Port Said.The project will expand the existing SCCT’s Container Terminal at Port Said East Port…