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Latest News - page 416

 

Dry Bulk: Heavy Rains Disrupt Shipping in Southeast Brazil

Jan 11, 2022

Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest.Rainfall is expected…

Port of Mobile Posts Record Container Growth

Jan 10, 2022

The Alabama Port Authority said calendar year 2021 containerized cargo volumes climbed to a record 502,623 TEUs up nearly 19% from 2020 volumes. To date, the terminal has handled over 3.6 million TEUs since containerized operations began in 2008…

OCIMF and PIANC Ink Memorandum of Understanding

Jan 10, 2022

The World Association for Waterborne Transport Infrastructure (PIANC) and the Oil Companies International Marine Forum (OCIMF) have signed a memorandum of understanding (MoU) to formalize their long-standing working relationship.Francisco Esteban Lefler…

Seaward Marine Adds New Tug Dock

Jan 10, 2022

Norfolk, Va.-based marine services company Seaward Marine Corporation has added a new 260-foot workboat pier to accommodate its seven-boat fleet of tow and tug vessels in Chesapeake, Va.The pontoons for the Seaward Marine project were made in SF Marina Systems' Norfolk…

Port Everglades Sets New Cargo Moves Record

Jan 10, 2022

Port Everglades reports it has topped its cargo moves record following the after the arrival of Mediterranean Shipping Company's MSC Rachele.With the assistance of the port's three new Super Post-Panamax gantry cranes and one existing Post-Panamax crane…

Indonesia Eases Coal Export Ban

Jan 10, 2022

Indonesia allowed 14 vessels loaded with coal to depart as soon as they secure verifications from mining and transport authorities, a senior minister said on Monday, easing an export ban by the world's top thermal coal exporter.The export suspension on Jan…

Egypt Closes Two Mediterranean Ports Due to Bad Weather

Jan 10, 2022

Egypt closed the two Mediterranean ports of Alexandria and Dekheila on Monday as a result of bad weather, the Alexandria Port Authority said in a statement.The ports will remain closed until the weather improves, the authority said.The ports…

DP World to Build Dry Port in India's Jammu and Kashmir

Jan 07, 2022

Dubai ports giant DP World is set to build an inland port in Jammu and Kashmir as part of plans by the emirate to invest in the Indian territory, the head of the region said on Thursday.The Indian government last year said Dubai, part of the United Arab Emirates (UAE)…

The Latest Supply Chain Snafu: Shortage of McDonalds French Fries in Japan

Jan 07, 2022

While the supply chain mess has left consumer globally wanting for everthing from cars to treadmills, the latest hit is arguably the worst: a shortage of McDonalds french fries in Japan's roughly 2900 branches!Japanese customers will have to…

China Steel Hopes Drives Iron Ore Demand

Jan 07, 2022

Dalian iron ore rose on Friday and advanced nearly 6% this week as traders returned from New Year holidays feeling optimistic about potential demand recovery in top steel producer China.Iron ore's most-active May contract on China's Dalian Commodity Exchange ended daytime trading 1…

Insights: How Indonesia, the World's Top Thermal Coal Exporter, Hit a Supply Crunch

Jan 07, 2022

Indonesia, the world's biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants.WHY DID INDONESIAN AUTHORITIES DECIDE TO ACT…

Size Not the Main Goal, Shippers Say, as MSC Overtakes Maersk

Jan 06, 2022

Swiss-based container group MSC has overtaken Denmark's Maersk as the world's biggest shipper, the company said, confirming data from intelligence provider Alphaliner.After taking delivery of several ships last year, MSC or Mediterranean Shipping Company has capacity to move the equivalent of 4…

Louisiana Students Take Mississippi River Tour Field Trip

Jan 05, 2022

Dozens of South Louisiana middle and high school students eager to learn about careers in the maritime industry enjoyed a cool, windy autumn day on the mighty Mississippi River in St. Bernard Parish at the first-of-its-kind Maritime Field Trip…

Global Supply Pressures May Be Nearing Peak

Jan 05, 2022

The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday…

Centa Named President of PMI

Jan 05, 2022

PMI Industries, Inc., an engineering, manufacturing, and testing company with a global presence servicing energy, both fossil fuel and renewables, marine, research, and government industries announces the appointment of Robert (Bob) J. Centa…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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Chinese shipper COSCO denies that its vessels were spied on for Beijing
UAE shares rise as PMI shows solid growth for August
Trump administration renews Supreme Court request to limit mail-in votes