Latest News - page 54

 

ESL Joins World Shipping Council

Apr 25, 2025

World Shipping Council (WSC) welcomed Emirates Shipping Line (ESL) as a new member of the Council. WSC represents over 90% of global liner shipping capacity, working with policymakers and stakeholder groups to shape the future growth of a socially responsible…

Just-In-Time Arrival: A Triple Win

Apr 24, 2025

There were 57 ships in the queue at the Port of Newcastle in Australia when the Pasha Bulker ran aground there in 2007.The coal ship was grounded for about three weeks before it was able to be towed away for repairs.The Pasha Bulker wasn’t the…

Drewry: Global Container Shipping Volume to Fall 1% in Response to Trump Trade Policies

Apr 24, 2025

Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies.That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979…

Ulsan Port Authority Encourages Marine Biofuel Adoption as IMO Regulations Tighten

Apr 24, 2025

In a push toward decarbonizing maritime logistics, President Jae-young Byeon of the Ulsan Port Authority (UPA) and Chief Executive Sun-bae Hong of the Korea Maritime Cooperation Center (KMC) jointly announced the successful conclusion of the…

Port of Oakland: Q1 Container Volume Reflects 6.3% Increase YoY

Apr 24, 2025

The Port of Oakland closed the first quarter of 2025 on a strong note. Total container volume rose 7.2% compared to March 2024, with Port operators handling 217,415 TEUs (twenty-foot equivalent units) in March 2025. That performance brings first-quarter volume to 601…

PSA International Considers Selling 20% Stake in CK Hutchison's Ports Business

Apr 23, 2025

Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing's CK…

Net Feasa Appoints New Company President

Apr 23, 2025

Net Feasa is pleased to announce the appointment of Sean Gavin to the role of President of the Company. This appointment comes at a pivotal time as the Company is poised for rapid growth through strategic partners across the globe.Prior to joining Net Feasa…

USTR Implements Port Fee Proposal

Apr 23, 2025

On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…

Strong Container Throughput Limits Downturn at Port of Antwerp-Bruges

Apr 22, 2025

In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period last year. This decline was largely driven by a sharp decrease in bulk volumes, while container throughput recorded growth…

Ports of Indiana Opens Mount Vernon Railroad

Apr 22, 2025

Ports of Indiana has opened the Mount Vernon Railroad today, creating an unparalleled “mega-modal” opportunity for Southwest Indiana.The railroad is a partnership between OmniTRAX – the nation’s largest privately-held, family-owned rail transportation…

GCT Global Container Terminals Orders Hybrid and Battery-Powered Konecranes RTGs for British Columbia Terminals

Apr 22, 2025

GCT Global Container Terminals has ordered 10 hybrid Konecranes rubber-tired gantry (RTG) cranes for its GCT Deltaport terminal and one battery-powered Konecranes RTG for its GCT Vanterm terminal. The agreements were signed in Q1 2025, and the 11 cranes will be delivered by Q3 2026…

USTR: New Measures Target Chinese Maritime Sector

Apr 22, 2025

The Office of the United States Trade Representative (“USTR”) issued a detailed notice on April 17, 2025, regarding actions and proposed actions in response to China's alleged targeting of the maritime, logistics, and shipbuilding sectors for dominance…

US Waters Down China Ship Fee Plans, COSCO Remains Indignant

Apr 21, 2025

On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U…

Tech, Digitalization Reshape Traditional Maritime Jobs

Apr 21, 2025

The maritime industry is a cornerstone of the global economy, facilitating over 90% of world trade and generating billions in economic activity. In the United States, waterfront employment represents a critical sector, supporting nearly 21.8 million jobs and contributing approximately $2…

Port Milwaukee Welcomes First Cruise Ship of the 2025 Season

Apr 21, 2025

Port Milwaukee is excited to welcome the Viking Octantis as the first cruise ship to call on the City of Milwaukee for the 2025 season on Monday, April 28. This marks the fourth consecutive year that Octantis will arrive as the inaugural cruise ship…

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