Cargo News

 

U.S. Military Gets Sealift Boost with M/V ARC Endeavor

Dec 04, 2024

American Roll-On Roll-Off Carrier Group Inc. (ARC) said that M/V ARC Endeavorentered the Maritime Security Program (MSP) fleet on December 1, strengthening ARC’s position for U.S.-flag Roll-on Roll-off (Ro-Ro) shipping services.M/V ARC Endeavor replaces ARC’s M/V Endurance in the MSP fleet…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Dec 04, 2024

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual power use in Pakistan, which gets over a third of its electricity from natural gas…

Wheat Export Tariffs Likely to Slow Shipments from Russia

Dec 04, 2024

“Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian cargoes…

San Antonio Terminal Int'l concession extended until 2030

Dec 03, 2024

Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1…

Pioneering Hydrogen-Powered River Vessel in France

Dec 03, 2024

Marking a groundbreaking milestone in sustainable transport, the Sogestran Group launched the ZULU 06, France's first hydrogen-powered river vessel, on the Seine in Paris today.Valérie Bouillon-Delporte, Executive Director of the Clean Hydrogen Partnership…

Snake Island Port inks 45-Year Concession with NPA

Dec 03, 2024

Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone…

China, U.S. Trade Frictions Heat Up in Advance of Trump Inauguration

Dec 03, 2024

China has banned exports to the U.S. of items related to the minerals gallium, germanium and antimony that have potential military applications, its commerce ministry said on Tuesday, a day after Washington's latest crackdown on China's chip sector…

FMC Commish Pushes for PR as an Offshoring, Distribution Hub

Dec 03, 2024

A Statement from Carl W. Bentzel, Commissioner with the U.S. Federal Maritime Commission.Events of recent years have made many who are interested in trade, transportation, and supply chain issues question the model of relying predominantly on…

Brazil Braces for Bumper Soy Crop, Large Export Season

Dec 02, 2024

Benevolent weather and use of quality farm inputs such as seeds, fertilizers and chemicals will help Brazilian soybean growers reap an enormous crop in the 2024/25 season, according to agribusiness consultancies Celeres and StoneX on Monday…

Dearth of Vessels Leave Basra Refinery Tanks Full

Dec 02, 2024

Iraq halted all operations at the Shuiaba refinery in Basra over the weekend following the overloading of fuel oil storage tanks, according to three refinery officials.The disruption occurred after no ships arrived at the Khor Zuhair port to load exported fuel oil since mid-last week…

Brazil Grain Barges Return as Amazon Drought Eases

Nov 27, 2024

Transportation of soybeans and corn on barges along the Brazilian Amazon's Tapajos River, which had been suspended in early October due to dry weather, resumed at 50% capacity this week, operators said on Wednesday.Shipping began again on that waterway…

PREVIEW: IMO Maritime Safety Committee 109th session

Nov 27, 2024

The Maritime Safety Committee (MSC) will meet for its 109th session at IMO Headquarters in London (in-person with hybrid participation) from 2 to 6 December 2024.The meeting will be chaired by Mrs. Mayte Medina of the United States, supported by Vice-Chair…

Cheniere gets FERC OK for Corpus Christi LNG

Nov 27, 2024

Federal regulators on Wednesday gave Cheniere Energy  permission to introduce natural gas into its Corpus Christi expansion project, a document showed.The Federal Energy Regulatory Commission (FERC) said Cheniere could introduce natural gas to its fuel gas and hot oil systems…

Trump to Boost LNG Exports, Oil Drilling from Day 1

Nov 27, 2024

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U…

Big Bulk Ship Rates Drop, again

Nov 27, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax vessel rates.The index, which factors in rates for capesize…

Logistics News

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

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Ukraine sunoil exports fell 36.2% in April year-on-year, according to traders' union
Divers die in the initial operations to recover Lynch’s yacht
Source: China resumes Brazilian soybean imports from five suspended firms before Lula's visit.