Pursuant to direction from FMC Chairman Michael Khouri, the Federal Maritime Commission has issued letters to the three global carrier alliances (2M, THE, and OCEAN) requiring that certain carrier-specific trade data currently filed with the Commission quarterly…
Russia plans to build a metals plant in the Far East at an estimated cost of $2.2 billion and supply steel sheet to the Zvezda shipbuilding yard as part of a push to develop the Arctic, Rosneft CEO Igor Sechin said.The head of the oil producer…
As the maritime community collectively fights to reduce emissions, RightShip and Pilbara Ports Authority have developed a pilot program that allows ports around the world to review their emissions profiles and develop management strategies. After…
Marine fuel company Lindsay-Blee, along with its joint venture partner Quest Fuels, announced Monday that it will offer very low sulphur fuel oil (VLSFO), meeting the IFO RMG 380 ISO:2010 specification with max sulphur < 0.50% to its clients calling Florida ports…
Lebanon's authorities signed a contract this month with a German company to clear dangerous material stored for more than a decade at Beirut port, the site of a seismic blast in August that killed about 200 people and wrecked swathes of the capital…
The future of shipping is here, and it will not surprise industry observers to see Norway in the pole position as autonomous vessels enter commercial operations. Norway has long been on the bleeding edge of shipping innovation. In 2015, the…
Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port complex to other parts of the transportation network, port officials and other executives said.Total volume at the Port of Los Angeles hit 980,729 20-foot equivalent units (TEU) in October…
The long-established processes and practices associated with bulk commodity shipping present distinct challenges. For cargo owners, they mean a lack of transparency – leading to significant inefficiency and waste. OceanSMART Managing Director…
The Port of Oakland said Wednesday that its October imports grew 10.4% compared to October 2019. The port also said containerized export volume was down 0.5% when compared to October 2019. Total TEUs for October were 216,686, up 5.8% compared to October 2019 when TEUs were 204…
Today, Broward County’s Port Everglades received three Super Post-Panamax container gantry cranes, the largest of their kind worldwide. The new cranes are part of the port's $3 billion 20-Year Master/Vision Plan Update, which will add new cargo berths…
Slow progress continues for U.S. Great Lakes-Seaway shipping: U.S. grain exports up 10.7%According to the latest figures, Great Lakes-St. Lawrence Seaway shipping recorded improvements in October with U.S. grain and project cargo shipments helping…
Ports of Indiana announced the promotion of Andrea Hermer from general counsel to chief operating officer, along with the addition of James Hall, as the new general counsel. Hall will take over responsibilities for corporate governance, compliance…
Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years…
Red Sea Gateway Terminal (RSGT) has taken delivery of two remote-controlled Ship-to-Shore (STS) cranes, and 10 hybrid-Rubber-Tyred Gantry Cranes (RTGs), as part of its expansion of Jeddah Port's premier facility to double annual container throughput capacity to 5…
Brazil's Vale and China's Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6 million) in iron ore storage and processing facilities in Zhejiang, a local government statement said on Friday.The move follows the…