Latest News - page 32


NRF: Import Cargo to Remain Elevated in January

Jan 10, 2025

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…

US Container Imports Strong, For Now

Jan 09, 2025

Descartes Systems Group has released its January Global Shipping Report, highlighting the continuing a trend of higher year-on-year container volumes throughout 2024.December 2024 U.S. container import volumes closed at 2,367,271 TEU, just shy of the 2…

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

Jan 09, 2025

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on…

West P&I fully acquires Nordic Marine

Jan 09, 2025

West P&I Club announced the full acquisition of Nordic Marine Insurance (Nordic), a leading provider of fixed premium insurance for the marine industry, specializing in Delay Insurance, Primary Loss of Earnings, Hull and Machinery (H&M), Loss of Hire…

Capesize Segment Buoys Baltic Index

Jan 09, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Port of Oakland kicks off 2025 paid Internships

Jan 09, 2025

The Port of Oakland is excited to announce the kick-off of its 2025 paid Summer College Internship Program.Qualified applicants can competitively apply for summer internships in a variety of professional fields at the Port including Aviation…

Box Shipping Rates may fall as US Port Strikes Averted

Jan 09, 2025

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on…

Industry Praise for Outgoing INTERCARGO Chair

Jan 09, 2025

Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of the International Association of Dry Cargo Shipowners (INTERCARGO) on 31 December 2024 after six years of distinguished leadership…

A Deep Dive into Dredging with DCA’s Doyle

Jan 09, 2025

There’s more to domestic dredging than meets the eye. Dredging Contractors of America CEO Bill Doyle is just the guy tell you why.William P. Doyle serves as the Chief Executive Officer of the Dredging Contractors of America (DCA). DCA represents…

DP World Shoots Over 100 Million TEU Capacity Mark

Jan 09, 2025

Port and logistics firm DP World has surpassed 100 million TEUs of container handling capacity across its global portfolio since inception.The achievement has been made possible due to over $11 billion in strategic investments and infrastructure development over the last decade…

China Not Aware of Shandong Port Ban on US-Sanctioned Ships

Jan 08, 2025

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast harbours.The group oversees several major terminals in the province of Shandong, which is the main entry point for Iranian…

US Port Strike Averted

Jan 08, 2025

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U…

Navig8 Announces 80% Acquisition by ADNOC

Jan 08, 2025

Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc.Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 cities across five continents…

CJC appoints Law, Jackson as new directors

Jan 08, 2025

Campbell Johnston Clark (CJC) has announced that Kate Law and Neil Jackson have become directors in the international maritime law firm with effect from 1 January 2025.Bringing the number of CJC partners to 22, across offices in London, Newcastle…

ABYC names Board Members, Award Recipients

Jan 08, 2025

The American Boat & Yacht Council (ABYC) welcomed new board members and honored industry leaders at its annual meeting on Jan. 6 in San Antonio, Texas. The event marked the official start of ABYC Standards Week, where experts across the marine…

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