The Baltic exchange's main sea freight index rose on Monday, buoyed by an uptick in capesize vessel rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 12 points, or 0…
If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.Before July 2020, Austria-based…
Ports on India's eastern coast on Sunday restricted shipping activities and asked vessels to vacate anchorages ahead of a cyclonic storm expected to make landfall on Wednesday, port authorities and trade sources said.The Indian Meteorological…
Estonia's Port of Tallinn has implemented new rules requiring the collection of residue from underwater hull cleaning operations while in port.Ellen Kaasik, the port's environmental manager, said the measures are part of a major activity plan…
Seven grains ships stranded at Argentina's export hub of Rosario will be towed free and sent out to sea after they were loaded with more produce than could be carried on the port's increasingly shallow waters, local authorities said on Friday…
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Friday announced the availability of $10,819,000 in grant funding for the America’s Marine Highway Program (AMHP), which aims to encourage the use of America’s 25,000 miles of navigable waterways…
Argentina's main grains port of Rosario was snarled on Friday in the aftermath of a 48-hour strike by tugboat captains and other workers managing the flow of agricultural cargo ships, who are demanding access to COVID-19 vaccines, port authorities said…
Sabrina Chao has been named the 45th president of international shipping association BIMCO, taking over from Şadan Kaptanoğlu, managing director of Kaptanoglu Shipping, who has completed her two-year term.Chao has been in the shipping industry…
The past decade has seen tight restrictions on emissions from vessels, notably with a 2015 move to a .10% sulfur maximum in Emission Control Areas (ECA) in North America and in northern Europe. As the International Maritime Organization (IMO) now shapes shipping’s decarbonization future…
Egypt's Suez Canal Authority said on Thursday its revenues in April were $552 million compared with $476 million in the same month last year.The canal's authority said 1,814 ships transited in April, up from 1,731 ships in the same month last year…
Trade group Interferry said its directors have given the green light for the global trade association’s 2021 annual conference to go ahead as planned in Santander, Spain, this October.The decision came at a virtual board meeting held May 20…
As the maritime industry debates the 'future fuel', one carrier, United European Car Carriers (UECC), plows forward, celebrating today the keel-laying of its third in a series of PCTCs powered by a liquefied natural gas (LNG) battery hybrid arrangement…
Argentina's grains exports remained paralyzed on Thursday due to a strike by port workers demanding to be vaccinated against COVID-19, with the labor groups threatening another 48-hour work stoppage next week.Argentina's Port and Maritime Activities…
The first ships docked at Kenya's deep water Lamu Port on Thursday as the country looks to open a new transport corridor linking its vast northern region and neighboring nations to the sea.Kenyan officials hope that the Indian Ocean port, the country's second deep water facility…
Japan’s exports grew the most since 2010 in April while capital spending perked up on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the world’s third-largest economy back to growth…