Coastal/Inland News

 

Baltic Index Snaps 3-Session Slide

Dec 20, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index…

ABS CEO Wiernicki Emphasizes Sustainable Shipping

Dec 19, 2024

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…

Rahn elected Manatee County Port Authority chairman

Dec 19, 2024

Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery…

Germany’s Mosel River Remains Closed for Lock Repairs

Dec 19, 2024

The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…

ESG Cuts Steel for Saltchuck Escort Tugs

Dec 18, 2024

Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team…

Broad Sector Declines puts Baltic Index at 17-month low

Dec 18, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…

DP World Starts Construction of New $1.2B Port in Senegal

Dec 18, 2024

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…

Baltic Index Retreats Across All Segments

Dec 17, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Tanco adds $8.2 million to IA Port Investments

Dec 17, 2024

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…

Ukraine blames Russia for Black Sea oil spill

Dec 16, 2024

Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday…

Germany's Mosel River Partially Reopens to Shipping

Dec 16, 2024

The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…

Authorities Attempt to Reopen Germany's Mosel River

Dec 13, 2024

Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…

Taiwan Signals Likely End to Latest Chinese Drills

Dec 12, 2024

Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby, likely signaling an end to Beijing's maneuvers.Taiwan's defense…

Panama Canal Battles Ongoing Drought

Dec 12, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

USACE taps Gatehouse Maritime for AIS Tech

Dec 11, 2024

Gatehouse Maritime, a provider of  AIS (Automatic Identification System) network monitoring and maritime domain awareness software, announced the award of a new contract from the U.S. Army Corps of Engineers.The contract, initially set for one year…

Logistics News

Minke Marine Air Lubrication System Receives Second ClassNK AiP

Minke Marine Air Lubrication System Receives Second ClassNK AiP

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

CK Hutchison Concessions Annulled for Two Ports Along the Panama Canal

CK Hutchison Concessions Annulled for Two Ports Along the Panama Canal

US Diesel Exports Hit High as Europe Strengthens Sanctions Against Russian Oil

US Diesel Exports Hit High as Europe Strengthens Sanctions Against Russian Oil

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