Japan’s exports fell in September at the slowest pace in seven months as U.S.-bound vehicle shipments rose from lows brought about by the COVID-19 pandemic, indicating easing pressure on the world’s third-largest economy.Exports fell 4.9% in September compared with the same month a year earlier…
Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.Zim said it…
The Baltic Exchange's main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Friday, registering its worst week in nearly three months, weighed down by weaker demand across vessel segments.The overall index…
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress…
More than $220 million in discretionary grant funding has been awarded to improve U.S. port facilities in 16 states and territories through the Maritime Administration’s (MARAD) Port Infrastructure Development Program, U.S. Department of Transportation Secretary Elaine L…
A new strategic partnership to strengthen cooperation between ships and ports to reduce greenhouse gas emissions has been signed (on 13 October) by the International Association of Ports and Harbors (IAPH) and the GreenVoyage2050 Project, which is executed by IMO…
Towage operator Svitzer Europe announced it will start a new towage operation in Germany’s third-largest North Sea port from January 1, 2021. To fully service customers at the seaport of Emden, Svitzer will deploy two tugboats: the Svitzer Valand…
The U.S. Army Corps of Engineers said on Wednesday that it may be able to clear enough debris from Hurricane Delta to open the Calcasieu Ship Channel in Louisiana to vessels drafting up to 30 feet (9.14 m) with restrictions by the end of the week…
Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation's busiest seaport said on Wednesday.Workers unloaded 471…
Tidewater Transportation and Terminals said it recently added Aaron Degodny as its new Vice-President and Chief Commercial Officer. As part of Tidewater’s executive leadership team, Degodny will focus on establishing strategic partnerships in new markets…
The successful decarbonization of the shipping industry will require teamwork and cooperation, said ABS Chairman, President and CEO Christopher J. Wiernicki.“Building the future is clearly a team sport – even if not all players see it that way all the time…
Australia is investigating media reports that China has stopped taking its coal shipments, Prime Minister Scott Morrison said on Tuesday, adding that such import quotas to support China's market were 'not uncommon'.Trade industry reports late…
Coffee traders are struggling to ship cargos out of Brazilian ports because of a shortage of available containers or space in vessels to hold them, according to traders and analysts.Brazil's economy is suffering due to the coronavirus pandemic…
South Africa ranks among the top countries in the world, and first on the African continent, for BSI’s forecasted losses due to cargo theft, according to a report from freight transport insurer TT Club and business improvement company BSI.Historically…
The U.S. Army Corps of Engineers said on Tuesday it has identified three obstructions from Hurricane Delta that have to be removed before it can reopen the Calcasieu Ship Channel in Louisiana to deep draft vessels.The Army Corps, however, said…
