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Billions in Lost Treasure: How Modern Technology Is Revealing Hidden Riches from the Depths!

Oct 04, 2024

Oceans worldwide hold untold riches hidden beneath the waves.  Now treasure hunters are using  cutting-edge technology to explore them, discovering some of history's most treasured sunken finds from Caribbean waters to Arctic depths rewriting maritime history and uncovering fortunes lost at sea…

US Port Strike Throws Spotlight on Big Union Foe: Automation

Oct 04, 2024

A strike by dockworkers on the U.S. East Coast and Gulf Coast that disrupted much of the nation's ocean shipping this week ended on Thursday, but a key issue driving labor unrest across the continent - the growing use of automation - was unresolved…

Konecranes Unveils New Noell Straddle Carrier

Oct 04, 2024

Konecranes recently hosted a  group of straddle carrier customers at its straddle carrier facility in Würzburg, Germany to unveil its new-design Konecranes Noell Straddle Carrier prototype.The heritage of Konecranes Noell and straddle carriers dates back to 1968…

U.S. Port Strike Settled— What happens next?

Oct 04, 2024

The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) announced in an historic development for U.S. maritime industry that they had reached a tentative agreement which officially ends the longshoremen…

US Port Strike Leaves Huge Cargo Backlog In Its Wake

Oct 04, 2024

U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time…

Great Lakes Limestone Trade Up 9.4%

Oct 04, 2024

Shipments of limestone on the Great Lakes totaled 3.8 million tons in September, an increase of 9.4% compared to a year ago, according to latest figures from trade group the Lake Carriers’ Association (LCA). Limestone cargos were also above the month’s 5-year average by 4…

China and Abu Dhabi Establish Sister Ports

Oct 03, 2024

On the 40th anniversary of the establishment of diplomatic relations between China and the United Arab Emirates, Yangpu Port and Abu Dhabi Port have become sister ports.The move was officiated by an MoU which was signed by the Yangpu Economic Development Zone Management Committee…

East Coast Port Strike Ends

Oct 03, 2024

U.S. dock workers and port operators have reached a tentative deal that will immediately end a three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the International Longshoremen's Association (ILA) union and the United States Maritime Alliance (USMX) said on Thursday…

Great Lakes Iron Ore Trade Dips 1.9%

Oct 03, 2024

Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.5 million tons in September, a decrease of 1.9% compared to a year ago, according to latest figures from industry trade group the Lake Carriers’ Association (LCA). Shipments were above the month’s 5-year average by 6…

Ships Queue at US Ports as Dockworker Strike Enters Third Day

Oct 03, 2024

Long lines of container ships lined up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day, preventing unloading and threatening shortages of everything from bananas to auto parts…

Singapore High-sulphur Bunker Fuel Premiums Soar

Oct 03, 2024

Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world's largest bunker hub, have surged due to the tight supply available for prompt deliveries, market sources said.The price strength for the fuel, which is used to power ships…

Yara: New Ammonia Import Terminal Will Kick-Start Gerrman Hydrogen Economy

Oct 02, 2024

Yara International has officially opened its new ammonia import terminal in Brunsbüttel, Germany.Brunsbüttel is located on the North Sea and Kiel Canal, making it an ideal hub for enabling the hydrogen economy in Europe, says Yara. The terminal…

US Dockworker Strike: Talks at a Standstill

Oct 02, 2024

A strike by 45,000 dockworkers halting shipments at U.S. East Coast and Gulf Coast ports entered its second day on Wednesday with no negotiations currently scheduled between the two sides, sources told Reuters.The lack of progress is raising…

White House Sides with Union as US Dockworker Strike Enters Second Day

Oct 02, 2024

President Joe Biden’s administration heaped pressure on U.S. port employers to raise their offer to secure a labor deal with dockworkers on strike for a second day on Wednesday, choking half the country’s ocean shipping.The strike by the International…

ICS Launches eLearning Academy

Oct 02, 2024

The world of maritime education and training continues to evolove, with the announcement last month that Lloyd's Register had acquired Ocean Technologies Group, and the announcement today that the International Chamber of Shipping (ICS) launches…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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