Intermodal News - page 10


BIMCO: Iron Ore Spot Rates Spike 163%

Sep 29, 2021

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners will likely be enjoying high freight rates until the end of the year.Iron ore spot freight rates from Western Australia…

Supply Chain Shocks: Ocean Shipping Challenges Abound

Sep 17, 2021

Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in…

China's Coal imports from Australia Plummet 98.6%, but India, S. Korea fill the Gaps

Sep 15, 2021

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tons as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt. This represents a 98.6% drop compared with 56…

Shipping Hurdles Pare Brazilian Coffee Exports

Sep 13, 2021

Exports of green coffee from Brazil, the world's largest producer, fell 27% in August from a year earlier to 2.33 million bags as difficulties to find containers and space at vessels increased in the last weeks, industry group Cecafe said on Monday…

2021: The Year of the Containership

Aug 26, 2021

What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been broken (measured in capacity) in less than eight months…

Logistical Bottlenecks Seen Limiting India's Soymeal Imports

Aug 25, 2021

Indian traders are scrambling to secure prompt shipments of soymeal after New Delhi relaxed rules to allow the import of 1.2 million tonnes of the animal feed, but logistical bottlenecks could limit volumes to less than 400,000 tonnes, industry officials told Reuters…

Port of València: Spanish Wine Exports Rise 54%

Aug 25, 2021

The work of Spanish wineries finds an ally in the Port of Valencia so that a white wine from Rueda can be drunk in Sydney, a red from Rioja can be bought in a shop in New Caledonia and a DO Cariñena in a luxurious restaurant in the United Arab Emirates…

Chinese Iron Ore Imports Fall to 14-month Low in July - BIMCO

Aug 19, 2021

Chinese iron ore imports fell to 88.5 million tons in July, the lowest level since May 2020. The fall in July means that accumulated imports are lower than in the first seven months of 2020. Imports this year have totaled 649 million, a 1.5% decline from January to July 2020…

Brexit Has 'Significantly Altered' Irish-British Freight Traffic

Aug 13, 2021

Post-Brexit trade frictions have 'significantly altered' freight traffic between Ireland and Britain and sparked a steep rise in volumes to and from Ireland and other European Union members, an Irish government agency report said on Thursday…

Seismic Isolation System for Pair of Quayside Container Cranes

Aug 09, 2021

A seismic isolation system provided by Casper, Phillips & Associates Inc. (CPA) has been installed on two quayside container cranes.The crane base anti-seismic isolation system (BASIS) is built on non-linear time history analysis (NLTHA) and…

Maersk Shopping Spree Continues Following Strong Earnings

Aug 06, 2021

Maersk bought two e-commerce companies on Friday and said more acquisitions were coming soon as the world's biggest container shipping line boosts its bet on land-based services.Maersk, which handles one in five containers shipped worldwide…

USACE Gets 'Strong Funding' for FY22 by House Committee

Jul 19, 2021

Waterways Council, Inc. (WCI) applauded approval by the House Appropriations Committee (by a vote of 33 to 24) of strong funding for the U.S. Army Corps of Engineers for Fiscal Year 2022 (FY22).  The Committee provided overall funding for the Corps’ Civil Works Mission for FY22 at $8…

Low River Water Levels Choke Argentine's Ag Exports

Jul 15, 2021

Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…

Port Logistics: Autonomous Port Truck System for CSP Abu Dhabi Terminal and Khalifa Port

Jul 06, 2021

CSP Abu Dhabi container terminal, the first greenfield project of COSCO SHIPPING Ports Limited (CSP) operating within Abu Dhabi Ports’ flagship deep-water port Khalifa Port, announced its terminal will be the first in the Middle East to implement an autonomous port truck system…

Want to Buy a Used Containership? Supply Tightens, Prices Soar, Feeder Ships Rule

Jul 01, 2021

BIMCO’s Shipping Number of the Week: Secondhand container ship deals jump over 100% in H1 2021During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020 (source: VesselsValue)…

Logistics News

Oil Exports from Russia's Western Ports Hit 4-year Record

Oil Exports from Russia's Western Ports Hit 4-year Record

Armach’s Robot Hull Cleaning Service Takes Next Steps Toward Commercialization

Armach’s Robot Hull Cleaning Service Takes Next Steps Toward Commercialization

Follow the Money: Norway is Fertile Grounds for Shipping Projects

Follow the Money: Norway is Fertile Grounds for Shipping Projects

Data-Driven Voyage Optimization: The Demise of the Data Silo

Data-Driven Voyage Optimization: The Demise of the Data Silo

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