Cargo News

 

Great Lakes Iron Ore Trade Dips 1.9%

Oct 03, 2024

Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.5 million tons in September, a decrease of 1.9% compared to a year ago, according to latest figures from industry trade group the Lake Carriers’ Association (LCA). Shipments were above the month’s 5-year average by 6…

Container Spot Rates Plummet 43%

Oct 02, 2024

“The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected by the COVID pandemic (2020-2023) since the SCFI was launched in October 2009…

European Automakers to Feel Biggest Impact from US Dockworkers Strike

Oct 01, 2024

European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove 'debilitating' to the entire sector, industry officials and analysts said…

US East Coast Port Strike Set for Tuesday

Sep 29, 2024

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said on Sunday, signaling action that could cause delays and snarl supply chains.'United States Maritime Alliance…

Port Houston Box Volumes Climb 20%

Sep 27, 2024

Port Houston reported 20% TEU growth in August, reaching 367,653 twenty-foot equivalent units (TEUs) during the month. Over the first eight months of the year, total container volumes reached 2,791,127 TEUs, an 11% increase over the same period in 2023…

Brazil Drought Impacts Soy Logistics

Sep 25, 2024

A widespread drought in Brazil has halted the transport of grains through the Madeira River, an important northern waterway linking key croplands with the country's ports, regional port terminals association Amport said on Wednesday.The Madeira…

Betting on Dry Bulk: Newbuild Market Stands Strong in Q3

Sep 25, 2024

In its Q3 Dry Bulk report, Maritime Strategies International (MSI) estimates dry bulk newbuilding orders in the first eight months of the year above 25m dwt, with the potential for further upside on the back of late-reported deals. Despite a slight August lull…

Shippers Race to Find Alternatives as US Port Strike Looms

Sep 25, 2024

U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U…

Strike Threatens Exports from Vancouver Grain Terminals

Sep 24, 2024

Workers at the six main grain terminals located in the Canadian port of Vancouver went on strike on Tuesday, a move that could disrupt exports of canola and other crops, government and industry officials said.'At my request, parties have agreed to resume negotiations alongside federal mediators…

Dutch See Rise in Russian LNG Imports, Urge Further Sanctions

Sep 23, 2024

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.Imports of Russian LNG at the GATE…

Russia's Seaborne Oil Product Exports Dip

Sep 20, 2024

Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…

Southeast Asia Expected to Boost Coal Trade

Sep 20, 2024

Southeast Asian countries such as Vietnam and Philippines are expected to boost coal trade and consumption this decade, industry officials say, even as demand from top consumer China approaches its peak.The Indonesian Coal Miners Association (ICMA) expects imports by China and India to peak in 2025…

Cargo Volumes Soar to Record Heights at Port of Los Angeles

Sep 18, 2024

The Port of Los Angeles reported handling nearly 960,600 Twenty-Foot Equivalent Units (TEUs) in August, marking a remarkable 16% increase compared to the same month last year. This figure represents the busiest month for the port since before the pandemic…

US Port Strike Would Spark Supply-chain Glitches from Outset, Shipping Exec Says

Sep 18, 2024

A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America chief executive of French container carrier CMA CGM said on Wednesday…

Cargo Integrity Group Wants IMO to Act on Container Inspection Data

Sep 17, 2024

The Cargo Integrity Group is calling on national administrations to carry out and report the findings of their container inspection programs, and for the IMO to continue collating and publishing the results in a publicly accessible form.The…

Logistics News

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

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