The Far East to South American East Coast trade is the only front haul trade where the long term is lower than the average spot rate among Xeneta's top 13 trades. Long-term rates on this trade are still below their October highs, but they have been steadily rising since 2022…
The U.S. Department of Transportation (DOT) is opening up $450 million in funding for initiatives working to reduce greenhouse gas emissions and minimize impacts to the climate and surrounding communities from port operations. Areas targeted for projects include coastal seaports…
For the transition to a circular economy, Port of Antwerp is committing itself to the transition to climate-neutral energy and raw materials and to the closing of cycles so that waste flows can be given a second life and be reused or recycled…
The U.S. Army Corps’ Norfolk District seeks contractors for the 3rd Port Improvements Project at Ft. Eustis, Va. Total award could be between $10 million and $25 million. The Corps will use responses from companies to “determine an acquisition strategy…
The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the northeastern coast seaboard.Foss is partnering with key local investors of New Bedford’s Cannon…
FMC’s National Shipper Advisory Committee held a third meeting on March 9. Two Subcommittees reported on work on (1) data sharing and visibility and (2) fees and surcharges.A core concern with data sharing is that too many different tech platforms…
Miros, in association with its Vietnam partner Reecotech, won two contracts to support industrial projects with its RangeFinder solution. The Miros RangeFinder is a dry, radar-based sensor measuring airgap, tide, water level, draught, and waves…
Ukraine faces a possible grain revenue loss of $6 billion as the blockade of its ports by Russian forces prevents it from selling millions of tonnes of wheat and corn that had been earmarked for export by June, a senior industry official said…
Russia's armed forces said on Monday they had docked a large, beachable landing support ship, the Orsk, in the occupied Ukrainian port of Berdyansk, 70 km (45 miles) southwest of the besieged Ukrainian port of Mariupol on the Sea of Azov.As…
All Ukrainian its ports on the Black Sea and Azov Sea remain temporarily closed to ships seeking to enter or exit, Ukraine’s infrastructure ministry said on Monday.Soon after Russia’s invasion on Feb. 24, Ukraine’s military suspended commercial shipping at its ports…
Port of Oakland import business continues to grow though export recovery has yet to take off. The port said Friday that import cargo volume increased 6.3% in February 2022 compared to February 2021. Exports declined 10.3% over the same period…
The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say…
Ukraine urges Greece to shut its ports to Russian vessels and stop doing business with Russian companies to increase pressure on Moscow to end the war, Ukraine's ambassador to Greece said on Wednesday.'We ask Greece in particular to close the ports to Russian vessels…
TotalEnergies Marine Fuels carried out its first marine bio-VLSFO (Very Low Sulfur Fuel Oil) bunker delivery in Singapore’s port waters, as part of a biofuel trial recently completed by NYK Line and Anglo American.During the operation, a B10…
The White House on Tuesday unveiled a new pilot effort to help clear supply chain bottlenecks at congested U.S. ports by getting truckers, shippers, wholesalers, retailers and other businesses to share information.U.S. Transportation Secretary…