Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer…
Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China…
Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 13.1 percent compared to a year ago. Limestone cargos were also below the month’s 5-year average by 9.6 percent.The Lake Carriers' Association, the U…
Suez Canal Chairman Gamal El-Dein says Canal Economic Zone set for rapid expansion.Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure over the past few years and has plans to invest a similar amount over the next few years as it works to attract investors…
The British Columbia ports labor dispute continued on Tuesday, impacting exports at Canada's biggest port in Vancouver with no sign of negotiating progress.International Longshore and Warehouse Union Local 514 foremen began limited strike actions on Monday at 8:00 a…
DFDS launched a new direct ferry service between Damietta, Egypt and Trieste, Italy, integrating Egypt into its service network for the first time and launching the first freight ferry service between these markets in around a decade.“The new…
Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the previous full year high of 2.3m TEU in 2023,” says Niels Rasmussen…
The BC Maritime Employers Association said it would lock out workers on Monday at Canada's Port of Vancouver after a negotiating deadline passed, potentially disrupting exports of coal, potash and beef.The association, which includes private-sector waterfront employers…
The United States has imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort in Ukraine, including companies supporting the development of Russia's Arctic LNG 2 project and its shipment of liquefied natural gas (LNG)…
Ocean container carriers are desperately trying to push spot freight rates up in early November to halt the market decline and strengthen their hand during negotiations with European shippers for new long-term contracts.Latest data from Xeneta’s…
Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers' association said. The strike affects two terminals operated by Termont, which handle…
In September, Port Houston surpassed three million TEUs faster than ever before. The port has recorded 3,120,589 TEUs so far this year, a 10% increase compared to the same period in 2023.Loaded imports were up 4% for the month of September and 8% year-to-date…
A group of animal welfare organizations have written an open letter to Stella Kyriakides, European Commissioner for Health and Food Safety, asking her to stop the live export of cattle to war zones.There have been over 100 shipments of cattle…
The Liebherr portal slewing crane of type LPS 600, the first of its kind in Germany, has been delivered J. MÜLLER Weser to enhance its bulk and general cargo operations at the port of Brake.The project marks the first rail-mounted portal crane at the port of Brake…
In celebration of Clean Energy Month, the Propane Education & Research Council (PERC) has highlighted propane’s role as a clean energy source for material handling applications.Propane produces 52% fewer greenhouse gas emissions than an equivalent amount of U…
