Thousands of sheep and cattle stuck on a ship that was forced to abandon a passage through the Red Sea last month have begun disembarking at the same Australian port they left nearly six weeks ago, Australia's agriculture ministry said late on Monday…
Inbound cargo volume at the United States’ major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates…
The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…
A.P. Moller-Maersk will consider whether to buy Germany's DB Schenker, the logistics arm of Deutsche Bahn which was put for sale last year, its CEO said on Thursday.'It will have consequences whether we do the deal or don't do the deal because it changes the landscape in logistics…
Iron ore shipments transported by U.S.-flag vessels on the Great Lakes totaled 2.8 million tons in January, an increase of 12.4% compared to 2023, according to latest data published by trade group the Lake Carriers’ Association (LCA)Loadings were also above the month’s 5-year average by 24…
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%.“Container market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019…
The Australian Alliance for Animals has written an open letter to animal exporters imploring them to voluntarily suspend all live animal exports to or through the Red Sea while the risk of attack remains and to suspend any extended journeys to the Middle East via the Cape of Good Hope…
The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate water levels at the end of the dry season, Deputy Administrator Ilya Espino told Reuters.A severe drought last year…
Shipping company A.P. Moller-Maersk A/S is experiencing computer network issues that are disrupting operations in some locations in the Americas, Bloomberg News reported on Wednesday.Maersk said there was 'no indication' of malicious or cyber activity…
The Australian government refused a request by an Israeli livestock exporter to send a ship carrying around 14,000 sheep and hundreds of cattle on a month-long voyage around Africa to Israel earlier this week, but it left the way open for other options…
Terminal 46 marked a significant milestone on Friday, February 2, as it welcomed the arrival of the Glovis vessel Silver Sky transporting automobiles destined for Canada.More than 2,500 automobiles discharged at Terminal 46, in The Northwest Seaport Alliance (NWSA) gateway…
The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major exporters and signs that winter demand is easing in the top-importing regions of Asia and Europe.The spot price for LNG delivered to north Asia ended at $9…
Turkish President Tayyip Erdogan will discuss a new mechanism to allow Ukrainian grain exports through the Black Sea with his Russian counterpart Vladimir Putin during his upcoming visit to Turkey, Foreign Minister Hakan Fidan said on Sunday…
A ship carrying 16,000 sheep and cows that turned back from the Red Sea due to the risk of attack off Yemen was stranded at an Australian port in a heatwave on Friday as the exporter sought to offload at least some of the animals into quarantine…
U.S. shipping industry stakeholders told the Transportation Department they 'expected increased congestion at some U.S. container ports in the next four to six weeks as shippers re-route cargo to avoid the Red Sea,' the department said on Friday…
