Cargo News

 

Biden Admin Greenlights LNG Exports from Alaska LNG Project

Apr 13, 2023

The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved…

Russia Says Black Sea Grain Deal May Be Nearly Over

Apr 13, 2023

Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was…

Record High Container Order Book Signals 'Significant Change'

Apr 13, 2023

“Despite the collapse in freight rates, shipowners still have an appetite for new container ship orders and the order book has continued to grow. The record high order book of 7.54 million TEU will result in significant changes to the container fleet in the coming years…

Australian Government Highlights Nation’s Green Hydrogen Ambition

Apr 13, 2023

The Australian government has released its annual State of Hydrogen report, saying it reinforces that Australia has the foundations to become a global leader in green hydrogen.The report illustrates local industry is advancing hydrogen as a chemical feedstock and for export to generate electricity…

LNG Imports Test EU Resolve to Quit Russian Fossil Fuel

Apr 12, 2023

Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG).In the year since Russia's February 2022 invasion of Ukraine…

Antwerp, Rotterdam and Hamburg Ports Targeted by Criminals

Apr 06, 2023

Criminal networks are misappropriating container reference codes to smuggle hundreds of tonnes of drugs and illegal goods into the EU, and Antwerp, Rotterdam and Hamburg are the ports most targeted for criminal infiltration.That’s according…

Operation TIN CAN Targets Rip-On/Rip-Off Concealment

Apr 04, 2023

A major joint operation organised by the Australian Border Force (ABF), World Customs Organization (WCO), the World Shipping Council and the UN Office on Drugs and Crime (UNODC) has led to 43 arrests and more than 100 drug seizures, including 98…

Port Houston Sees Import Volumes Begin to Slow

Apr 04, 2023

Port Houston reported hints of softening demand amid an overall 'solid' month for its cargo volumes in February.  A total of 313,452 twenty-foot equivalent units (TEUs), or a 15% increase compared to the same month last year were handled during the month…

Australia’s Hydrogen Industry Projected to Reach $27 Billion Annually

Apr 04, 2023

Australia's hydrogen industry has the potential to generate A$40 billion (US$27 billion) in annual turnover (domestic gross value added) and create 58,000-72,000 jobs per year by 2040, according to a new report by NERA and Arup.The report, Powering…

Spain Tightens Rules on Ship-to-ship Oil Transfers

Mar 27, 2023

The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline.Oil tankers seeking to carry out operations off the Mediterranean and Atlantic shores, even outside territorial waters…

JAXPORT and Aruba Sign Deal to Grow Business Connections

Mar 27, 2023

During today’s JAXPORT Board of Directors meeting, State of Florida Chief Financial Officer Jimmy Patronis, Aruba Prime Minister Evelyn Wever-Croes, and other dignitaries from the island of Aruba joined leadership from JAXPORT and Eagle LNG…

Russia-bound Containers Stuck at Antwerp Port for Year

Mar 27, 2023

Five Russia-bound containers from India's Jindal Stainless Ltd (JSL) have been stuck at the Belgian port of Antwerp for around a year, unable to enter the European Union, the company said on Friday.'The containers are carrying around 100 metric tonnes of stainless steel…

Hamburg Port Closed to Large Ships Due to Union Strike

Mar 22, 2023

The Hamburg Port Authority (HPA) has closed the port to large ships because of a strike announced by the Verdi union over wages, it said on Wednesday.'Due to the massive restrictions to be expected from the announced warning strikes, the administration…

Global Freight Slump Deepens At the Start of 2023

Mar 21, 2023

Global freight movements continued to dwindle in the first two months of 2023 as manufacturers and distributors struggled to reduce excess inventories and cope with rising interest rates and increased caution among buyers.Container flows fell…

US Ports Eye Shipping Turnaround

Mar 19, 2023

The leader of the busiest U.S. seaport on Friday said February's cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity may not pick up until the second half of this year…

Logistics News

Contship Introduces First Electric Port Tractor into Operations

Contship Introduces First Electric Port Tractor into Operations

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

ABS, HD KSOE Collaborate for Digital Shipbuilding, Vessel Intelligence

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

US Container Imports Fall 3.2% in April, Descartes Reports

US Container Imports Fall 3.2% in April, Descartes Reports

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