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Philippines Confident in US Support under Trump

Nov 07, 2024

The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under Donald Trump, driven by bipartisan resolve in Washington, its ambassador to the U.S. said on Thursday…

Commodities Weigh Trump Win, Tariff Threats

Nov 07, 2024

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…

GHG Emissions cut 55% at Santa Clara Container Terminal

Nov 07, 2024

Wilson Sons certified a reduction of up to 55% in greenhouse gas emissions from Santa Clara Container Terminal cargo operations. Since the start of operations at Santa Clara container terminal in Rio Grande do Sul, over 32,000 tons of carbon have been cut down with inland navigation…

Friday Shipbrokers Arranges Transport of Car Carrier to China for Repair

Nov 07, 2024

Friday & Co. Shipbrokers completed a chartering deal between Boskalis and a Chinese charterer to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China. The project entails transporting the vessel — damaged…

CMB.TECH Profits Rise, VLCC Outlook Good

Nov 07, 2024

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet.'From a supply-side perspective, the outlook for the tanker…

Port of Riga CEO Elected Chair of ESPO

Nov 06, 2024

The European Sea Ports Organisation (ESPO’s) General Assembly unanimously elected Ansis Zeltiņš as its new Chair.Zeltiņš has been CEO of the Freeport of Riga Authority, Latvia, since 2017 and has been involved in the maritime industry for 20 years…

Port of Los Angeles sees Record September, Best Quarter Ever

Nov 06, 2024

The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months…

MSC’s Taluga Group Envisions Maritime Logistics Differently

Nov 06, 2024

As the Military Sealift Command (MSC) celebrates its 75th anniversary, it is looking to the future through the eyes of a forward-thinking “innovation cell” named for a ship from its storied past.  USNS Taluga (T-AO-62) was the first Navy replenishment…

Panama to Cancel Flags on US-sanctioned LNG ships

Nov 06, 2024

Panama's Maritime Authority said on Wednesday it has begun a process to cancel flags on four LNG vessels sanctioned by the United States over their links with Russian gas producer Novatek.The vessels North Air, North Mountain, North Way and North Sky…

Great Lakes Iron Ore Trade Falls in October

Nov 06, 2024

Shipments of iron ore on the Great Lakes totaled 4.5 million tons in October, a decrease of 12.3 percent compared to a year ago. Shipments were 10.1 percent below the month’s 5-year average.Year-to-date the iron ore trade stands at 41 million tons…

Hapag-Lloyd orders 24 Newbuild Boxships

Nov 06, 2024

Hapag-Lloyd has ordered 24 new container ships from two Chinese shipyards with a combined investment volume of about $4 billion, it said on Wednesday.Twelve ships, each with a capacity of 16,800 TEUs (twenty-foot equivalent units), will be built by Yangzijiang Shipbuilding Group…

Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China

Nov 06, 2024

Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer…

CT Gateway Terminal wins $34M Grant for Zero-Emissions Equipment

Nov 06, 2024

Project will integrate electric assets, charging infrastructure and solar power equipment. Gateway Terminal in New Haven, CT, an Enstructure company, will receive funding to purchase and install electric equipment through the U.S. Environmental Protection Agency’s Clean Ports Program…

All Eyes on China as Trump Retakes the White House

Nov 06, 2024

Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China…

ECOsubsea's Next-Gen Hull Cleaning Robot is Ready for Action

Nov 06, 2024

ECOsubsea launched its Ultra High Efficiency Hull Cleaning Service (UHEHCS) in Singapore, introducing its new ROV. According to the company, tests showed the ROV operates 10 times faster than conventional cleaning methods. 'We cleaned a fully laden capesize vessel…

Logistics News

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

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