Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted following a bridge collapse, shipping data showed on Tuesday.A 948-foot container ship smashed into…
Over 100 cattle have died after departing Australia on the Brahman Express. The vessel, built in 2002 and operated by Vroon, was destined for Indonesia.This is one of the highest mortality rates reported on an Australian short haul cattle shipment…
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired AMMCON Corp., a Jacksonville- based fittings and assembled components manufacturer. The defense contractor’s acquisition continues its…
U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal.'We expect the situation to have minimal impact to our operations…
Compliance, performance, profitability, sustainability; take the biggest ‘pain points’ for almost any shipping company and watch NAVTOR’s digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world…
China's Cosco Shipping is evaluating the impact of a move by Peru's government to annual the exclusivity it holds over operations at the new Chancay megaport.Peru awarded exclusivity to Cosco Shipping to operate the port in 2021, but last week…
At least 10 commercial ships that were sailing to the U.S. port of Baltimore have dropped anchor in waters nearby, data from ship tracking and maritime analytics provider MarineTraffic showed on Tuesday.A container ship smashed into a four-lane bridge in the port on Tuesday…
The containership allision that caused the collapse of the Francis Scott Key Bridge in Baltimore could cause 'significant disruption' to shipping supply chains, according to industry analyst Xeneta.The 10,000 TEU Singapore-flagged Dali was operating…
Stena Bulk completed the sale of two of its LNG carriers – Stena Crystal Sky and Stena Clear Sky – to BW LNG.As part of the sale, BW LNG will assume the existing charters for both vessels.Both vessels were originally delivered in 2011 from Daewoo Shipbuilding & Marine Engineering in South Korea…
Brazilian rail operator Rumo has signed an agreement with Embraport to build a port terminal handling grains and fertilizers at the Santos port in Sao Paulo state, Rumo said on Monday.The terminal's construction will cost an estimated 2.5 billion reais ($502…
India's largest private port operator Adani Ports and Special Economic Zone said on Tuesday it will buy a 95% stake in Odisha's Gopalpur Port for an equity value of 13.49 billion rupees ($161.74 million) to bolster its east coast presence.Adani…
2024 marks another year for development of a biennial WRDA bill—Water Resources Development Act, critical legislation for the Nation’s waterways, ports and harbors. WRDA encompasses a range of issues, from environmental regs to energy use to agriculture and…
South Carolina Ports reports imports are trending back upSouth Carolina Ports handled 202,349 TEUs and 111,902 pier containers in February, with pier containers up 1% from last year. Loaded import TEUs were up 11% over last February.Inland Port Greer handled 15…
Seaway7 has inked a 10-year extension with Rhenus Port Logistics with Rhenus Port Logistics in Rotterdam.'The location of the Rhenus terminal so close to the North Sea is incomparable and provides Seaway7 with the needed flexibility. We are…
Demopolis Lock—which suffered a recent catastrophic failure—is a cautionary tale for other locks and those in Congress and the White House who may fail to see the urgency and importance of investing in the inland waterways system.The nation’s inland waterways lock and dam infrastructure…
