President Joe Biden is pushing to ease supply shortages and tame rising prices in time for Christmas, but unsnarling U.S. supply lines could take far longer, experts told Reuters.Biden brought together powerbrokers from ports, unions and big business on Wednesday to address shipping…
President Joe Biden on Wednesday launched an effort to ease supply chain blockages that are threatening to disrupt the U.S. holiday season, relying on expanded port and shipping operations and urging other businesses to speed up operations.The moves were a first step…
There is no end in sight to the shortage of shipping containers, port congestion and sky rocketing freight rates that have rattled global trade, the chairman of Dubai ports giant DP World said on Wednesday. The bottlenecks have been caused by…
The absence of a dedicated signalman likely led to a bulk carrier’s crane striking a grain facility in Convent, La., in 2020, the National Transportation Safety Board (NTSB) found.The contact occurred on November 11, while the bulk vessel GH…
President Joe Biden will host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs…
Hapag Lloyd has temporarily rerouted a European-U.S. container service through the Jacksonville Port Authority (JAXPORT). The change is part of an effort to “optimize our service portfolio, stabilize schedules and adapt to market needs,” according to Hapag Lloyd…
Britain said on Wednesday that people should buy normally for Christmas and there would be no shortage of gifts after shipping containers carrying toys and electrical goods were diverted from the country’s biggest port because it was full.Maersk…
Marine robotics company Ocean Infinity announced it has acquired Red Rock, a technology company with solutions that will enable autonomous port operations, an enabler for future uncrewed shipping.Red Rock is developing digital and autonomous…
Tech companies Sinay and 3D CityScapes are teaming up to create hyer realistic digital twins for ports.3D CityScapes uses advanced technology and artificial intelligence to create digital twins, hyper realistic representations of the real-world…
The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The…
Lomé Container Terminal (LCT) S.A. in Togo, West Africa, has ordered give more Konecranes rubber-tired gantry (RTG) cranes. The order was booked in June 2021 and the cranes will be delivered in the second half of 2022. Antoine Bosquet, VP Regional Sales EMEA…
Greece's privatizations agency transferred shares corresponding to a 16% stake in Piraeus Port Authority to Chinese port operator COSCO Shipping after an amendment to a previous concession agreement, it said on Thursday.Last month Greek lawmakers…
Liebherr Container Cranes said it has been awarded a contract for the supply of three ship to shore (STS) container cranes for Maher Terminals LLC at the Port of New York & New Jersey. The cranes will take their place alongside the existing eight Liebherr STS cranes at Maher’s terminal…
Port Everglades, a department of Broward County government, the Empresa Nacional Portuaria (National Port Authority of Honduras), and Operadora Portuaria Centroamericana (OPC), terminal operator at Puerto Cortes, signed a Memorandum of Understanding…
The Jacksonville Port Authority (JAXPORT) Board of Directors unanimously awarded a $48.8 million construction services contract to Superior Construction Company LLC for terminal improvements to enable the SSA Jacksonville Container Terminal at Blount Island to accommodate more containers…