Port Houston marked a milestone in June, surpassing 2 million twenty-foot equivalent units (TEUs) handled year-to-date. Container volumes for the month totaled 331,864 TEUs, a 2% dip compared to the same month last year, but volumes remain up 3% year-to-date at 2…
Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly…
Port of Oakland container volume declined in June as shippers and carriers adjust to softening demand and ongoing tariff uncertainty. The Port handled 168,460 TEUs (twenty-foot containers), down 10.1% from May, and 12.8% from June 2024, when 193…
Dubai-owned ports and logistics company DP World has cut shipping times between Romania and Turkey by half, a senior executive said, as it expands its Black Sea operations at the European Union's eastern border.DP World more than doubled its…
A landmark moment in Gulf Coast industry was celebrated today with the christening of Creole King, a state-of-the-art barge-mounted stevedoring crane, at the Port of Iberia.Operated by Cooper Consolidated and assembled by E-Crane’s Gulf Coast Service team…
Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June as retailers moved to stock up on goods for the holiday shopping season amid fears of higher tariffs.The Port of Los Angeles handled 470,450 20-foot equivalent units (TEUs) of incoming cargo last month after the U…
The Port of Green Bay saw 137,725 tons of material and raw goods pass through the port during June, compared to 123,794 tons during the the month of May. Current year-to-date totals are down 47% compared to the same time frame last season.“While…
Freight rates for Russian oil shipments from the Baltic Sea ports to India have fallen in July-August as more tankers have become available, but this could change if new sanctions are imposed on Moscow, two traders said.The European Union is finalising its 18th sanctions package on Russia…
Russia's seaborne grain exports fell by 25.4% in the recently ended 2024-2025 season to around 46 million metric tons, shipping data from industry sources released on Monday showed.Russia, the world's leading wheat exporter, delivered grain…
Yemeni Houthi militia leader Abdul-Malik al-Houthi said on Thursday (July 10) that no company would be permitted to transport goods related to Israel through designated areas at sea.“It is not permissible for any company transporting goods for…
Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington, documents seen by Reuters show…
Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.The benchmark Singapore Exchange contract ended at $95.25 a metric ton on Monday, down from $95.89…
Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe…
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production…
New US tariffs are prompting companies to reduce their reliance on China as a source of imports, but the implications for supply chains go much further. From the rise in dark shipping to the escalation in sanctions to countries including Iran and Venezuela…
