Coastal/Inland News

 

DP World Shoots Over 100 Million TEU Capacity Mark

Jan 09, 2025

Port and logistics firm DP World has surpassed 100 million TEUs of container handling capacity across its global portfolio since inception.The achievement has been made possible due to over $11 billion in strategic investments and infrastructure development over the last decade…

All Segments Decline as Baltic Index Sags

Jan 08, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped to a more-than-17-month low on Wednesday, hurt by falling rates across all vessel segments.The index, which factors in rates for capesize…

Great Lakes 2024 Iron Ore Trade Dips 2.5 PCT

Jan 08, 2025

Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.The year-end total for the iron ore trade stands at 49…

ACL Doubles 2025 Capacity in Alaska

Jan 07, 2025

American Cruise Lines is pleased to announce their biggest Alaska cruise season ever. The company will have 2 small ships in Alaska and 5 extraordinary itineraries, delivering once-in-a-lifetime experiences aboard sailings operating this May through September…

Baltic Index Falls Again as Capesize, Supramax Disappoint

Jan 07, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Amid Falling Suez Canal Revenue, Egypt to get $1.2 bln IMF Boost

Jan 06, 2025

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…

BoatUS' Sensenbrenner Appointed to NBSAC

Jan 06, 2025

Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating safety…

Ship Brokers: EU's clean fuel rules 'Inflationary'

Jan 06, 2025

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…

USCG's MERPAC announces Advisory Committee Meeting

Jan 06, 2025

The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…

Great Lakes Limestone Trade Down in 2024

Jan 03, 2025

Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023.  2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…

Great Lakes St. Lawrence Seaway System Issues Notice to Shipping

Jan 02, 2025

The Great Lakes St. Lawrence Seaway System as amended a Planned Outage at Lock 7.Mariners are advised of a revision to the preplanned closure at Lock 7 for the replacement of Gates 1 and 2. Due to environmental conditions, the closure will begin one day later…

Irish Coast Guard responded to 2,554 incidents in 2024

Dec 31, 2024

2024 was another busy and eventful year for the Irish Coast Guard. The year in figures:The 44 Coast Guard Units were mobilised on 1,154 separate occasions this year;Coast Guard Helicopters conducted 752 missions;Critical assistance was provided to 537 persons (preventing loss of life…

FMC Announces Export Strategies Deadline

Dec 31, 2024

Deadline Announced for Required Filing of Annual Export Strategies at FMC December 31, 2024 Ocean common carriers must file documented export strategies with the Federal Maritime Commission beginning March 1, 2025, and at least annually every following year…

Remembering the service, sacrifice of the Merchant Marine

Dec 31, 2024

It was my pleasure on Nov. 10 to participate in the dedication of the U.S. Merchant Marine emblem alongside the emblems of the Armed Services of the United States at Veterans Memorial Plaza in Anacortes.I can’t think of a more auspicious time…

A tribute to our nation’s Fourth Arm of Defense

Dec 31, 2024

On Nov. 10, the day before Veterans Day, I had the honor of participating in a celebration of another group of veterans whose contributions as the nation’s Fourth Arm of Defense is not widely known: The Merchant Marine.The U.S. Merchant Marine…

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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