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Trade Flows Eliminate US Gasoline Surplus

Jul 20, 2017

The U.S. gasoline surplus has disappeared thanks to a sharp drop in prices which has caused imports from Europe to slow and exports to Latin America and other markets to accelerate since the start of June.U.S. refineries are processing record…

Malta Maritime Forum Targets Professional Education

Jul 20, 2017

The Institute of Chartered Shipbrokers and the Malta Maritime Forum have signed an MoU which will support the education of shipping professionals in Malta as part of the island’s maritime growth strategy. The MoU formalizes informal co-operation…

Intermodal Rail Service Returns to North Carolina Ports

Jul 20, 2017

The official return of intermodal rail to North Carolina Ports will begin July 28, 2017, when North Carolina Ports and CSX will commence a daily, intermodal rail service, dubbed the Queen City Express,between Wilmington and Charlotte. “The…

Seacroft Hires Pearce as Engineering & DP Manager

Jul 20, 2017

Aberdeen-based Seacroft Marine Consultants said it has appointed Richard Pearce as Marine Engineering and Dynamic Positioning (DP) Manager, as the firm looks to develop more specialized offshore marine projects. Pearce brings to the role…

Maersk Temporarily Exempt from Service Contract Filings

Jul 20, 2017

I voted in favor of Maersk Line A/S’ petition for Temporary Exemption Service Contract Filings as a result of the so-called Petya virus which severely disrupted Maersk’s information systems, including the system that stores service contract data…

Antwerp Port Container Freight Up by 2.5%

Jul 19, 2017

The port of Antwerp handled 111,385,518 tonnes of freight during the first six months of this year, 2.8% more than in the same period last year.  Container freight once more performed well after a number of exceptional years, with an increase of 2…

UK Ship Register Modernization Begins

Jul 19, 2017

The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping…

New Long Beach Harbor Commissions Confirmed

Jul 19, 2017

The Long Beach City Council on Tuesday voted unanimously to confirm Mayor Robert Garcia’s appointments of Frank Colonna and Bonnie Lowenthal to the Board of Harbor Commissioners. Colonna and Lowenthal are both former City Council members…

Shipping Perks up at Port of Little Rock

Jul 19, 2017

June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month.  The main dock was busier as LSI worked 25 barges with over 37…

US Iron Ore Boosts St. Lawrence Seaway Shipping

Jul 19, 2017

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled…

June US-flag Great Lakes Shipping Unchanged from 2016

Jul 19, 2017

U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA).  However, this June’s shipments were down 3.6 percent from the month’s long-term average…

Mega Ship MOL Tribute Under BSM Management

Jul 19, 2017

Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196…

Baltic Index Gains for Seventh Straight Session

Jul 19, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for seventh session in a row on Wednesday supported by stronger demand for larger vessels. The overall index, which factors in rates for capesize…

Russian Think Tank: Oil Exports to Decline in 2017

Jul 19, 2017

A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise…

Egypt Agricultural Exports Rise 12% in 2017

Jul 19, 2017

Egypt's agricultural exports rose 12.1 percent during the first half of 2017, reaching 3.5 million tonnes compared to 3.1 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Wednesday. Egypt's agricultural exporters…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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