Latest News - page 363

 

Port Delays: Wait Times at Yantian Port Mount

Jun 09, 2021

Blank sails likely at Port of Yantian as median dwell times climb to over two weeks, shows project44 data  Vessel delays at the Yantian Port, a deepwater port in Shenzhen, has been worsening over the last week and the port is expected to remain congested throughout the month…

Lindblad Expeditions Sets Sail Again

Jun 09, 2021

This week guests boarded National Geographic Quest for the first time in over 15 months, and also saw the restart of National Geographic Venture in Alaska, and National Geographic Endeavour ll in Galapagos.Sven Lindblad, Founder and Co-Chair…

Port Manatee Hires Tillotson as Chief Commercial Officer

Jun 08, 2021

As new chief commercial officer of Port Manatee, Charles D. Tillotson looks to bolster diverse cargo growth at the global gateway of Southwest and Central Florida.“Working with the Port Manatee team, my goal is to double the port’s volume of cargo activity over the coming 10 years…

BunkerPlanner App Added to Kognifai Marketplace

Jun 08, 2021

Kongsberg Digital announce it has signed a partnership agreement with BunkerMetric that will see the BunkerPlanner application added to the Kognifai Marketplace.BunkerPlanner by BunkerMetric is a software tool supporting companies in buying bunker…

World’s First Large Containership Converted to LNG Propulsion

Jun 08, 2021

The 15,000 TEU Brussels Express is the first large containership in the world to have been converted to liquefied natural gas (LNG) propulsion, German shipping company Hapag-Lloyd said on Monday, as operators look to LNG fuel to reduce their environmental footprint…

Oman's Asyad to Focus on Ports, Shipping

Jun 08, 2021

Oman's state-owned transport group Asyad plans to restructure its operations in order to focus on logistics, port services, free zones, shipping, drydocks and e-commerce, the state-run Oman News Agency reported on Tuesday, citing a management decision…

Baltic Dry Index Slides for 10th Straight Session

Jun 08, 2021

The Baltic exchange's main sea freight index slipped for the 10th straight session on Tuesday, pressured by a decline in capesize rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

FMC Accepting Applications for National Shipper Advisory Committee

Jun 07, 2021

The U.S. Federal Maritime Commission (FMC) said it is accepting applications from qualified members of the international trade community wishing to serve on its newly formed National Shipper Advisory Committee (NSAC).The federal advisory committee will provide information…

China's Imports Grow at Fastest Pace in a Decade

Jun 07, 2021

China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.While…

The Disappearance of the Service Contract in Ocean Shipping and Resurgence of Ocean Tramp Practices

Jun 04, 2021

The below e-mail recently received by the author paints the picture we are seeing a thousand fold in the current ocean shipping marketplace in the inbound/outbound Asia trade lanes which underscores the serious disconnect currently between ocean common carriers and shippers in these U…

CMA CGM Earnings Jump as Shipping Rush Continues

Jun 04, 2021

CMA CGM, one of the world's largest container shipping groups, on Friday posted a jump in first-quarter earnings and said it expected strong demand for transporting consumer goods to continue for the rest of the year.French-based CMA CGM's net profit rose to $2…

US Corn Exports On the Rise -BIMCO

Jun 03, 2021

Many agricultural trades have been exceptionally strong in 2021, and several grain types have experienced record high exports, says shipping industry organization BIMCO. U.S. corn exports are no exception, reaching a record high of 49.1 million…

TotalEnergies Buys Stake in Novatek's Arctic Transshipment

Jun 03, 2021

TotalEnergies has signed a sale and purchase agreement with Novatek to acquire 10% of Arctic Transshipment LLC, a wholly owned subsidiary of Novatek, which owns and will operate two liquefied natural gas (LNG) transshipment terminals being built in the Murmansk and Kamchatka regions of Russia…

Great Lakes Limestone Trade Up 4.8% in May

Jun 03, 2021

Shipments of limestone on the Great Lakes totaled 3.7 million tons in May, an increase of 4.8% compared to a year ago, reports trade group the Lake Carriers’ Association (LCA).While the month’s totals were up year over year, May’s loadings were below the month’s five-year average by 2…

Shipping Firms Warn Clients of Shenzen's Yantian Port Worsening Congestion

Jun 03, 2021

Major shipping companies have warned clients of worsening congestion at Shenzen's Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city.Yantian International Container Terminal (YICT), one…

Logistics News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

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