Cargo News

 

Port NOLA Bests Container-on-barge Record

Mar 18, 2024

The Port of New Orleans (Port NOLA) said 2023 was a record year for container-on-barge shipping.During the last calendar year, Port NOLA marked 20,500 container moves by barge, the highest since launching the container-on-barge network—the nation's…

Mexico Could be Back Door for Chinese Imports into US

Mar 17, 2024

Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become a back door into the US.According to analysts at Xeneta, 117,000 TEU was shipped in January of this year compared to 73…

King Abdul Aziz Port Breaks Container Handling Record

Mar 14, 2024

In February 2024, King Abdul Aziz Port in Dammam, Saudi Arabia, achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023.This marks the highest monthly handling in the history of the port…

Brazil Eyes Exports via China-Controlled Chancay Port

Mar 14, 2024

Brazil is interested in exporting soy, corn and other products through Peru's China-controlled Chancay port, Peruvian Economy Minister Jose Arista said on Thursday, according to state news agency Andina.Brazilian Planning Minister Simone Tebet visited the port…

Hapag-Lloyd to Seek Cost Cuts After Net Profit Slump

Mar 14, 2024

German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators…

WSC Selects NCB for Liner Shipping Cargo Safety Program

Mar 13, 2024

Despite mandatory international and national regulations on the transport of dangerous goods, these goods continue to be mis-declared or not declared, driving an alarming increase in ship fires. Addressing the need for improved safety measures…

Port of Rotterdam Tightens Security to Thwart Drug Crime

Mar 12, 2024

Europe's largest seaport is boosting its security efforts in an attempt to prevent illicit drugs from making their way through the port.As of March 31, 2024, all import containers arriving in the port of Rotterdam from Latin America will only be securely and reliably released via the Secure Chain…

NextDecade Targets Train 4 FID at Texas LNG Facility in H2 2024

Mar 11, 2024

NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio…

US Container Shippers Slow Walk New Contracts, Eye Easing of Red Sea Rate Hikes

Mar 06, 2024

U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi…

Turkish Oil Terminal Halts Russian Oil Business

Mar 05, 2024

One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one…

After Failed Voyage, 14,500 Australian Livestock Sail Again for Israel

Mar 04, 2024

Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.The animals left Fremantle port in Perth on Jan…

Yara and ACME Sign Ammonia Supply Agreement

Mar 01, 2024

Yara and GHC SAOC, a wholly owned subsidiary of India’s Acme Cleantech, have signed a binding agreement for the supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.Both companies had previously signed a non-binding…

Animal Welfare Groups Decry Bahijah Re-Export Decision

Mar 01, 2024

The Australian Alliance for Animals and the RSPCA have expressed dismay over the decision by Australia’s Department of Agriculture to allow the re-export of more than 15,000 sheep on board the Bahijah to the Middle East.Originally, 16,000 Australian…

US Gulf Coast Fuel Oil Imports Hit Five-year Low

Mar 01, 2024

Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.Fuel oil deliveries to the Gulf Coast dwindled in February to just 318…

New US Sanctions More Likely to Curb Indian Imports of Russian Coal

Mar 01, 2024

New U.S. sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.Russia, historically a minor exporter of the fuel to India…

Logistics News

Greek Shipyard Workers Pause Work Amidst Heatwave

Greek Shipyard Workers Pause Work Amidst Heatwave

Greensea IQ’s Hull Cleaning Service Expands to Port of New York and New Jersey

Greensea IQ’s Hull Cleaning Service Expands to Port of New York and New Jersey

Eco Wave Power Eyes South Africa for Wave Energy Plant

Eco Wave Power Eyes South Africa for Wave Energy Plant

Exports Continue From Reservoirs After Tainted Oil Detected in Ceyhan Port Tanks

Exports Continue From Reservoirs After Tainted Oil Detected in Ceyhan Port Tanks

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The extent of illegal gold mining in Amazonia is revealed by smuggled mercury
Sources say that Russia's daily oil exports to its western ports will drop by 8% in August.
Finance Minister: Brazil will present Lula with a credit-based response if the US tariffs increase.