Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection measures under China's 'zero-tolerance' coronavirus policy.On Tuesday, more than 50 container vessels were queuing at Ningbo port…
Shipping and logistics giant A.P. Moller - Maersk has appointed Mohit Bhatia as Senior Vice President and Head of Maersk Global Service Centers (GSC), effective August 1, 2021. Mohit previously held the position of Joint Managing Director, Maersk GSC…
London-based law firm Addleshaw Goddard has boosted its transport team with the addition of ports and terminals expert Ian Le Pelley. Formerly Group Deputy General Counsel for DP World, one of the largest port operators across the globe, Ian has unparalleled expertise in the ports sector…
The U.S. Coast Guard Captain of the Port San Juan has set Port Condition FOUR in Puerto Rico and the U.S. Virgin Islands reopening the area's maritime ports, following the passing of Tropical Storm Grace near the islands.Now a tropical depression…
U.S. import prices increased less than expected in July, a sign that inflation pressures may have peaked as supply chain bottlenecks that have impacted the U.S. economy start to wane.Import prices rose 0.3% last month after jumping 1.1% in June…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11 years on Friday, fuelled by strong demand across vessel segments.The overall index, which factors in rates for capesize…
Maritime NZ has filed charges against Ports of Auckland Ltd (POAL) and an individual in relation to the death of a port worker almost a year ago.Pala’amo (Amo) Kalati was killed on August 30, 2020 after being crushed when a container was dropped during a lifting operation…
Post-Brexit trade frictions have 'significantly altered' freight traffic between Ireland and Britain and sparked a steep rise in volumes to and from Ireland and other European Union members, an Irish government agency report said on Thursday…
Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine transportation hub which was forced to close after a coronavirus case emerged, as the pandemic strains global supply amid rising retail orders…
The Massachusetts Maritime Academy (MMA) announced Capt. Michael R. Burns Jr. as the first Executive Director of the Academy’s Maritime Center for Responsible Energy (MCRE). In this new role, Capt. Burns will oversee the MCRE that was established…
Norwegian Cruise Line’s new cruise ship Norwegian Prima was floated out at the Fincantieri shipyard in Marghera (Venice) this week.The Norwegian Prima is the first of six vessels of the Norwegian Cruise Line’s (NCL) new Prima Class of ships…
Congestion off China's top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case was detected this week.Tighter restrictions to fight China's latest coronavirus outbreak are starting to hit more parts of the economy…
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs. Freight rates and ship values have also risen but although they exceed prices seen during most of the 2010s…
The crippling ransomware attack against the Colonial oil pipeline in the U.S. in May 2021 should be a wake up call for the maritime industry. As a critical part of the global supply chain, the shipping industry could become an attractive target for cyber criminals and politically motivated attacks…
This spring, the M/V Saga Welco Indiana departed the port of Qingdao, China, with 600 new refrigerated shipping containers on their way to be put into service at Alaska Marine Lines. These units are the latest addition to Alaska Marine Lines' fleet of nearly 29…