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Port of Green Bay on Pace to Reach Annual Tonnage Target

Nov 09, 2021

With nearly 230,000 tons of cargo shipped through the Port of Green Bay in October, shipments have now reached 1,575,114 tons for 2021. That puts the Port well within reach of its annual target of 2 million tons with 2+ months of shipping remaining in the current shipping season…

Baltic Index Gains as Rates for Larger Vessels Improve

Nov 09, 2021

The Baltic Exchange's dry bulk sea freight index climbed on Tuesday, lifted by firmer rates in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, rose by 87 points…

White House Looks to Move Quickly on $17 Billion Revamp of US Ports

Nov 09, 2021

The White House plans to move quickly on a $17 billion revamp of U.S. ports approved by Congress as part of President Joe Biden's $1 trillion infrastructure bill.Biden is due to visit the Port of Baltimore on Wednesday to tout funding for revamping U…

USDA Raises Corn Harvest View, Cuts Soy Production Outlook

Nov 09, 2021

Smaller-than-expected soybean harvests in the major production states of Indiana, Iowa, Kansas and Ohio sparked a surprise cut to the U.S. harvest outlook, the government said on Tuesday.But U.S. corn production will be bigger than previously projected as farmers recorded their biggest yield ever…

US Retail Imports Near Record Pace Despite Port Congestion

Nov 09, 2021

Imports at the United States’ congested container ports are expected to remain at near-record levels for the remainder of the year as retailers rush to move merchandise from docks to shelves in time to meet the expectations of holiday shoppers…

New Bill Aims to Address Sexual Misconduct in the Merchant Marine

Nov 09, 2021

A group of U.S. Senators has introduced new legislation aiming to strengthen sexual assault/sexual harassment (SASH) prevention, response, investigation and accountability in the maritime industry and provide additional safeguards for the Midshipmen…

Greenpeace Settles Charges After Blocking Port of Houston in 2019

Nov 09, 2021

Environmental activists who shut the largest U.S. energy export port for a day to protest climate change agreed to pay police, fire and court costs to settle state criminal charges, officials said on Friday.Greenpeace members halted shipping…

Sunstone's Fifth Infinity-class Cruise Ship Launched in China

Nov 09, 2021

SunStone Ships announced the successful launch of itts fifth, Infinity-Class Vessel, Ocean Odyssey.The series is an interesting one as it was started wiith the goal of melding European design and Chinese shipbuilding.“We are very pleased with the high quality…

Biden to Visit Port of Baltimore, Discuss Infrastructure Deal

Nov 08, 2021

U.S. President Joe Biden will visit the Port of Baltimore on Wednesday to discuss how the $1 trillion infrastructure bill passed by the U.S. Congress helps the American people by upgrading ports and strengthening supply chains, the White House said on Sunday…

SAAM Reports 40% Jump in Revenue

Nov 08, 2021

SAAM, a provider of port, towage and logistics services in 14 countries in the Americas, reported net income of $55.5 million for the nine months ended September 2021, up 40% from the January-September period in 2020. EBITDA reached $202.3 million and sales totaled $548…

Antonelli named new SVP at MedCruise

Nov 08, 2021

The head of cruises of the Port Authority of Valencia (PAV), Francesca Antonelli, was elected as the new senior vice-president of the Mediterranean Cruise Ports Association (MedCruise). The elections were held during the 59th edition of the MedCruise Assembly held in Barcelona where Figen Ayan…

Valencia Containerized Freight Index (VCFI) rises for the 15th Straight Month

Nov 05, 2021

The Valencia Containerized Freight Index (VCFI), the indicator that measures the trend and evolution of container transport costs by sea from the Port of Valencia, stood at 3,743.95 points in October, which represents an increase of 5.23% over…

Port of Oakland Chief Seeks State Supply Chain Help

Nov 05, 2021

Speaking as President of the California Association of Port Authorities (CAPA), Port of Oakland Executive Director Danny Wan requested state help this week to ease a U.S. supply chain crisis. He called for increased collaboration and solutions…

Global Logistics Crisis Boosts Smaller UK Ports

Nov 05, 2021

Global supply chain disruption is changing cargo flows coming into Britain and smaller ports such as Liverpool are benefiting as suppliers look for other ways to route cargoes and minimize disruptions, Liverpool port's operator said.Major bottlenecks…

National Waterways Foundation Elects New Chairman, Trustees and Officers

Nov 04, 2021

At its Board of Trustees meeting held November 2 in St. Louis, the National Waterways Foundation (NWF) elected Matt Woodruff, Vice President of Public & Government Affairs, Kirby Corporation, as Chairman for a term expiring in 2023. He succeeds consultant Rick Calhoun as Chairman (2020-2021)…

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