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…
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…
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…
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…
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 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 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…
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…
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…
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…
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th annual conference in Berlin, Germany, on Monday.The global marine insurance premium base for 2023 was reported as $38…
DSV has announced its biggest transaction to date: the acquisition of Schenker from Deutsche Bahn.The value of the acquisition is EUR 14.3 billion ($15.9 billion).DSV says it will strengthen its global network, expertise and competitiveness…
Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli…
U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring and accelerate inflation, just like it did during his 2017-21 term, shipping and retail experts said…
Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation.A combination of inventory build-up and commodity specific developments have contributed to strong import demand…
