Ports News


Irish Coast Guard responded to 2,554 incidents in 2024

Dec 31, 2024

2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life…

FMC Announces Export Strategies Deadline

Dec 31, 2024

Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…

Remembering the service, sacrifice of the Merchant Marine

Dec 31, 2024

It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I can’t think of a more auspicious time…

A tribute to our nation’s Fourth Arm of Defense

Dec 31, 2024

On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nation’s Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine…

Suez Canal Expands as Revenues Plunge $7B

Dec 29, 2024

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea.The Suez Canal Authority said in a…

Iranian Oil Prices to China Spike as Shipping Sanctions Bite

Dec 26, 2024

The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian…

Baltic Index Logs Worst Year since 2014

Dec 26, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Tuesday but recorded its worst year since 2014, hurt by weaker rates across all vessel segments.The Baltic report will not be published until Jan…

Trump names Panama Envoy, Talks Tough on Panama Canal

Dec 26, 2024

U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…

NTSB's Alvin Brown Appointed Vice Chairman

Dec 26, 2024

Alvin Brown, a member of the National Transportation Safety Board and former mayor of Jacksonville, Florida, was designated Friday, Dec. 20, 2024, by President Biden to serve as vice chairman of the independent safety agency. “I am honored to…

Port of Oakland Box Volume Finishing 2024 Strong

Dec 26, 2024

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…

Tanker Engine Failure Shuts Bosphorus Straight Traffic

Dec 26, 2024

Traffic was suspended in Turkey's Bosphorus strait on Thursday after a tanker had an engine failure during northbound transit through the strait that runs through Istanbul, shipping agent Tribeca and the Transport Ministry said.Tribeca said…

Black Sea Spill Volunteers Beg Putin for Help

Dec 23, 2024

Volunteers helping to clean up a major oil spill along Russia's Black Sea coast appealed in a video released on Monday for President Vladimir Putin to urgently send federal aid, saying that they and local authorities were overwhelmed.The pollution…

Baltic Index Ticks Up as Large Bulkers Post Gains

Dec 23, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

Volunteers Battle Black Sea Oil Spill

Dec 20, 2024

Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster.The oil spilled from two ageing Russian oil tankers that were severely…

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