Coastal/Inland News

 

Great Lakes NOV Iron Ore Trade Dips

Dec 10, 2024

Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments were below the month’s 5-year average by 3.5 percent.Year-to-date the iron ore trade stands at 45.2 million tons, a decrease of 2…

JAXPORT Enhances Global Reach with New Partnerships

Dec 10, 2024

With the upcoming dissolution of the 2M Alliance in early 2025, JAXPORT is maintaining and growing its global container services through strategic partnerships with the world's top ocean carriers. New and modified service routes through JAXPORT…

Tugdock, Sarens to Develop Heavy Lift O&M Hub at ABP’s Welsh Port

Dec 10, 2024

Tugdock and Sarens have secured funding from Crown Estate’s Supply Chain Accelerator for a joint project to develop a heavy lift operations and maintenance (O&M) hub at ABP’s port of Port Talbot in Wales to support floating wind projects in the region…

California Box Terminal Orders Liebherr STS Cranes

Dec 10, 2024

TraPac Oakland, a container terminal operator in California, has selected Liebherr for the supply of two ship-to-shore (STS) cranes, marking the company’s first shipment to United States’ West Coast.The cranes boast a 66-meter (216-foot) outreach…

NOV '24 US Transport Unemployment Up Again, now above Pre-Pandemic benchmark

Dec 06, 2024

The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau of Labor Statistics (BLS).These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard…

Bulk Shipping: Corn surges on technical buying, solid exports

Dec 06, 2024

U.S. corn futures climbed to a two-week high on Friday on technical buying and support from strong U.S. export sales, putting the market on pace for its strongest weekly advance in a month.Soybeans followed corn higher, although forecasts for a record-breaking Brazilian harvest limited gains…

Svitzer enters Sao Luis Port, ramps up Brazil presence

Dec 06, 2024

Svitzer has begun operations in the Port of Itaqui in São Luís, Maranhão, marking another significant milestone in its expansion across Brazil. Over the past nine years, Svitzer has invested more than R$650 million in the country, reflecting…

SeaPort Manatee adds two Eco-efficient Harbor Cranes

Dec 04, 2024

SeaPort Manatee is furthering its ship-to-shore cargo-handling capabilities with addition of two new Konecranes Gottwald Generation 6 mobile harbor cranes at the maritime trade hub for Southwest and Central Florida and beyond.The latest pair…

Lakes November Limestone Trade Down 4.9 PCT

Dec 04, 2024

The Lake Carriers' Association (LCA) on Wednesday reported that shipments of limestone on the Great Lakes totaled nearly 3 million tons in November, a decrease of 4.9 percent compared to a year ago.  Limestone cargos were a mere 8,340 tons below the month’s 5-year average…

Shoring Up U.S. Shipbuilding

Dec 04, 2024

Spoiler Alert: we already know what to do. Some of it just isn’t physically possible. Help isn’t going to come from South Korea.Just two days following Donald Trump’s historic election victory, positioning him to become just the second U.S. President to be elected twice…

Damen RSD Tug 2513 named in Malta ceremony

Dec 04, 2024

On December 4th, Tug Malta held a naming ceremony for its latest vessel, a Damen RSD Tug 2513, in Malta. During a celebration attended by the Prime Minister of Malta Robert Abela, the vessel was named Med Aldebaran.With more than 80 tonnes of bollard pull at its disposal…

ONE Acquires Terminal in Southeast Asia

Dec 04, 2024

Japanese shipping company Ocean Network Express (ONE) has completed the acquisition of a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia.NPCT1 is an important terminal serving mature gateway markets in Southeast Asia…

MPT Welcomes Dr. Crystal Allen Craft as VP, Academic Affairs

Dec 03, 2024

MPT announced the addition of Dr. Crystal Allen Craft as Vice Principal of Academic Affairs. Dr. Craft brings extensive maritime, engineering, and leadership history to this role, contributing to MPT’s position as the U.S.’s largest private maritime training school…

Pioneering Hydrogen-Powered River Vessel in France

Dec 03, 2024

Marking a groundbreaking milestone in sustainable transport, the Sogestran Group launched the ZULU 06, France's first hydrogen-powered river vessel, on the Seine in Paris today.Valérie Bouillon-Delporte, Executive Director of the Clean Hydrogen Partnership…

Snake Island Port inks 45-Year Concession with NPA

Dec 03, 2024

Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
JSW Infra, India's JSW Infra, posts 54% increase in quarterly profit due to higher coal volume
South Korea's NOFI purchases about 65,000 T of feed wheat, traders claim