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Port of Barcelona Sets Up Shore Power Working Group

Sep 15, 2022

The Port of Barcelona said it has created a working group including cruise companies and terminals in order to accelerate plans to establish shore power connections for cruise ships docked in the Spanish seaport, in an effort to reduce vessel emissions…

US Government Makes Contingency Plans for Rail Shutdown

Sep 14, 2022

President Joe Biden's administration on Tuesday made contingency plans aiming to ensure deliveries of critical goods in the event of a shutdown of the U.S. rail system while pressing railroads and unions to reach a deal to avoid a work stoppage affecting freight and passenger service…

NVOCCs Caught in the Middle of Ocean Shipping Reform Act

Sep 13, 2022

NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention; FMC needs to pump the brakes and allow the industry to catch upThe Ocean Shipping Reform Act of 2022, passed by Congress without industry input and signed into law on June 16…

Shipping Lines, Container Owners Struggle to Return Boxes to China

Sep 12, 2022

Shipping lines and container owners in North America (majorly in the U.S.) are finding it difficult to return containers to China. To add to the present challenges, the U.S. is also facing major trucking issues that are making cargo movement within the country difficult…

Port of Los Angeles Awarded $20 Million Infrastructure Grant

Sep 07, 2022

The Port of Los Angeles and a range of elected officials and industry leaders joined U.S. Transportation Secretary Pete Buttigieg today to celebrate the award of a $20 million federal RAISE infrastructure grant for a critical road-railway grade separation project at the Port…

Shipping Container Suppliers Abandon $987 Million Deal After US Probe

Aug 25, 2022

Global shipping container suppliers China International Marine Containers and Maersk Container Industry in a joint statement on Thursday said they have abandoned a merger plan, citing significant regulatory challenges.China International Marine…

Container Prices, Leading Rates Decline

Aug 22, 2022

Average container prices have declined by more than half from the last year in August as China picks up containerized trade volumes more recently, according to an analysis published by Container xChange.Trade in China was impacted in the first half of the year…

Rollercoaster Containershipping Rates Continue, says Xeneta

Aug 19, 2022

South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast ratesThe latest ocean freight rate data from Xeneta reveals that spot rates are currently $3,700 more expensive for shipping 40-ft. containers from the Far East to the South American East Coast…

NYK Tokyo Container Terminal Begins Ops with New Transfer Cranes

Aug 17, 2022

NYK Line and UNI-X NCT Corporation (UNI-X) have begun operation of four state-of-the-art transfer cranes developed by Mitsui E & S Machinery Co., Ltd.The four cranes are based at the NYK Tokyo Container Terminal (NYTT), and each comes equipped…

Global Ports Holding Inks 30-year Deal for San Juan Cruise Port

Aug 16, 2022

Global Ports Holding Plc (GPH) has signed a 30-year concession agreement with the Puerto Rico Ports Authority for San Cruise Port, Puerto Rico, the world's largest independent cruise port operator announced on Tuesday.On completion, San Juan Cruise Port…

Global Container Fleet Growth to Outpace Demand - Hapag-Lloyd CEO

Aug 11, 2022

Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of Hapag-Lloyd said in an analyst call on Thursday.“Over the upcoming 24 months…

US Works with Firms in Supply Chains to Ease Port Congestion

Aug 10, 2022

The U.S. Transportation Department (USDOT) said on Wednesday a supply chain pilot data-sharing project aimed at easing bottlenecks at congested U.S. ports has begun exchanging data and doubled in size.USDOT announced the planned project in March with truckers…

Empty Containers in East Coast Ports enter FMC's Crosshairs

Aug 09, 2022

While there are many layers to the continued container shipping supply chain woes, and the U.S. Federal Maritime Commission has set its sites on the nuisance of empty containers clogging traffic, on the heals of FMC Chairman Maffei's visit to the Port Authority of New York/New Jersey…

Maersk to Acquire Logistics Firm Martin Bencher Group

Aug 05, 2022

Shipping group A.P. Moller-Maersk said on Friday it had agreed to buy Danish logistics company Martin Bencher Group in a deal valued at $61 million.'Martin Bencher will be an excellent fit to Maersk and our integrator strategy, strengthening…

TUI Cruises' Mein Schiff 6 Connects to Shore Power in Kiel

Aug 04, 2022

TUI Cruises said a second vessel in its cruise ship fleet has successfully tested the use of shore power in port.Earlier this week, the German cruise ship operator's Mein Schiff 6 received shore power for the first time in SEEHAFEN KIEL Cruise GmbH & Co…

Logistics News

Bunge Finalizing $30 Billion-plus Merger with Viterra

Bunge Finalizing $30 Billion-plus Merger with Viterra

Business Group Urges Biden to Intervene in West Coast Ports Labor Dispute

Business Group Urges Biden to Intervene in West Coast Ports Labor Dispute

Stena Line and Port of Gothenburg Take Next Step Toward Arendal

Stena Line and Port of Gothenburg Take Next Step Toward Arendal

Capesize Spot Rates Hesitant Despite 5% Rise in Demand -BIMCO

Capesize Spot Rates Hesitant Despite 5% Rise in Demand -BIMCO

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