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Oakland Records Its Best Ever Month of Imports

May 14, 2018

April 2018 was the Port of Oakland’s best month ever for imports in its 90-year history. The 75,369 TEUs loaded imports volume bested the previous record of 75,243 set in April 2006.The port’s total cargo volume is up 2.9 percent over the same period a year ago…

Long Beach Cargo Volumes Ahead of Record Pace

May 14, 2018

The 2.5 million twenty-foot equivalent units moved by the Port of Long Beach in the first four months of 2018 is more than 17 percent above last year’s record pace.In April, Long Beach dockworkers handled 618,438 twenty-foot equivalent units (TEUs)…

Navico Names Rae Manager for Canada

May 14, 2018

Marine electronics manufacturer Navico has appointed Steve Rae to the position of Country Manager for Canada.Based in Vancouver Island, B.C., Rae will be responsible for sales, service and support for the company’s three marine electronics brands…

Angelicoussis Shipping to Retrofit BWTS on 36 Ships

May 14, 2018

U.S.-based ballast water treatment system (BWTS) manufacturer Ecochlor, Inc. said it has been awarded a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL)…

Partners Look to Tackle Risks of Autonomous Shipping

May 14, 2018

As industry efforts to make autonomous shipping a reality continue, Rolls-Royce and AXA Corporate Solutions have signed a letter of intent (LOI) to explore ways in which they can bring a new risk management offering to the marine market.The…

Port of East London to Expand its Petroleum Footprint

May 14, 2018

More than 100 attendees representing 97 companies have shown keen interest in the Port of East London’s plans to recommission an existing tank in the port for handling of liquid bulk and to introduce a liquid bulk terminal through a 25-year port concession awarded to a private…

Tough Recovery Ahead for Some Box Trades; More Uncertainty in Others

May 14, 2018

Drewry says that recovering demand recovery in the North America-East Coast South America box trades provides encouragement, but local political conditions bear watching. Elsewhere, reports that Maersk and MSC are reviewing their Iran operations…

600-ton Crane Now Stationed in Port of Hamburg

May 14, 2018

Since the beginning of the year the Port of Hamburg has offered an optimized service portfolio for handling ultra-heavy loads. With an unit load capacity of 600 tons, ‘Enak’ is the most powerful salvage/floating crane in Germany. This heavyweight was formerly stationed in Bremerhaven…

Israeli Seaports Reopen as Workers End Strike

May 14, 2018

Israeli dockworkers on Sunday ended a three-day strike that had shut down the country's two main seaports after a court ordered them back to work.Officials at the Mediterranean ports of Ashdod and Haifa said operations had resumed and that cargo ships were once again being unloaded…

Total to Set Up LNG Bunkering Hub in Oman

May 14, 2018

French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country.'Total and Shell as operator will develop several natural gas discoveries located in the Greater…

Trudeau remains optimistic on trade deal with US

May 14, 2018

Canadian Prime Minister Justin Trudeau is optimistic that a new NAFTA trade deal with the United States can be reached and that a solution on U.S. tariffs for steel and aluminum imports can be found, he told German newspaper Handelsblatt.'We…

Kutubu Light Crude Oil Exports to Resume in Spot Trade

May 14, 2018

Sales of Kutubu Light crude oil cargoes will resume in the Asia spot market in July after a major earthquake in Papua New Guinea shut production from late February to early April, three industry sources said on Monday.While production at the facility resumed in early April…

Angola LNG Plant Sells Cargo to Petrobras

May 14, 2018

Angola's sole liquefied natural gas (LNG) project has sold a cargo loading over May 12 to 13 to Brazil's Petrobras, two industry sources said on Monday.The exact price details could not immediately be confirmed but the cargo is priced off the…

ZIM Names Destriau CFO

May 14, 2018

ZIM Integrated Shipping Services Ltd. announced that Xavier Destriau will take over as the company’s new CFO, effective June 15, 2018. He will replace Acting CFO, Yohai Benita, who has completed his position at ZIM.Destriau has worked at CMA…

Singapore Marine Fuel Sales at 3-month High

May 14, 2018

Singapore marine fuel sales climbed to a three-month high of 4.233 million tonnes in April, up 1.6 percent from the previous month but 0.5 percent lower from the same time last year, data from the Maritime and Port Authority of Singapore (MPA) showed on Monday…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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Middle East flights suspended by airlines
Air traffic controllers say that a radar glitch has caused a flight to be halted in northern Italy.
Sources say that Russia's daily oil exports to its western ports will drop by 3% in July.