President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries, including some of the United States' biggest trading partners, deepening a trade war that he kicked off on his return to the White House…
DP World’s Container Terminal (ICTT) in Cochin has set an all-time high-volume record in FY 2024-25, handling 834,665 TEUs, registering around 11% year-on-year growth. The earlier record was 754,237 TEUS achieved in the previous financial year…
AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…
Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro, California.The Revocable Permit 25-05 by the Port of Los Angeles was executed on behalf of the Executive Director…
Crowley, the longest-serving U.S. logistics provider in Puerto Rico, is enhancing the resiliency of its Isla Grande logistics terminal in San Juan with the installation of a microgrid fueled by liquefied natural gas (LNG).The innovative energy…
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine River in Germany with surcharges added to the usual freight rates, commodity traders said on Tuesday.Low water is hampering shipping on all of the river south of Duisburg and Cologne…
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for a sixth straight session on Tuesday, pressured by lower rates across all vessel segments.The main index .BADI, which tracks rates for capesize…
Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data and documents…
Shell warned on Tuesday that a proposal in Australia to force more export gas into the domestic market could end up deterring investment and exacerbating shortages.Ahead of Australia's May 3 general election, energy has emerged as a major campaign…
Hydrodemolition company Aquajet plans to launch two robots in April: the Aqua Cutter 450A and Aqua Cutter 450V.The new electric 450 series is a more compact, maneuverable design than the Aqua Cutter 750V. The new models incorporate the Evolution 3…
Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that the move would hobble their ability to export everything from coal to soybeans…
The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping markets in West Africa. And it stands to boost Nigeria’s role as an influential player in the global oil industry…
The Saguenay Port Authority in Quebec has ordered a Konecranes Gottwald ESP.6B Mobile Harbor Crane for a new cargo handling system currently under development. The order was booked in Q1 2025, with handover scheduled for Q3 2025.Situated on North America’s only navigable fjord…
We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U…