Bed Bath & Beyond Inc. has filed a complaint against Orient Overseas Container Line Limited and OOCL (Europe) Limited with the US Federal Maritime Commission (FMC).The company is seeking reparations for injuries it alleges resulted from the…
There is no progress in removing obstacles to Russian grain and fertilizer exports caused by the West's 'sanction strategy', a senior Russian diplomat in Washington said on Tuesday, ahead of the expiry of a deal safeguarding Ukrainian grain exports…
Pangaea Logistics Solutions has entered into a deal to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland, from Host Terminals, a wholly owned subsidiary of T…
Australia-based logistics company Qube Holdings has acquired a 50% stake in New Zealand’s Pinnacle Corporation and 100% of Kalari.Pinnacle, a New Zealand owned and operated group of companies, operates both port-based and stand-alone facilities…
Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, announced the successful completion of the first ever barge-to-ship methanol bunkering on the U.S. Gulf Coast.The JV tankers Stena Pro Marine…
U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, Refinitiv Eikon data showed on Monday.Following…
PortsToronto welcomed its first cruise ship of the 2023 season on Friday, April 28. The Viking Octantis officially launched another record-breaking cruise ship season which will see 54 ships and more than 22,000 passengers visit Canada’s largest city between May and October…
A Ukrainian drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, sending a vast column of black smoke into the sky in the latest attack on the Russia-occupied peninsula.The city's Moscow…
Officials of the Port of Taichung (TIPC) in Taiwan have held a ground-breaking ceremony for the start of construction on Wharf Nos. 37 and 38 which will provide supporting infrastructure to the nation’s offshore wind industry.When completed…
The Spanish Port of Valencia (Valenciaport) has claimed a world first after it has commenced operation of a hydrogen-powered 4×4 truck at one of its terminals.The hydrogen-powered truck cab (tractor) started moving containers at the Grimaldi…
Brazil has banned the export of live cattle from all its ports.Reuters reports that federal judge Djalma Gomes’s ruling states: 'Animals are not things. They are sentient living beings, that is, individuals who feel hunger, thirst, pain, cold…
Indonesia will allow miners Freeport Indonesia and Amman Mineral Nusa Tenggara to continue exporting copper concentrate until next year, despite a ban starting this June, to allow for their smelters to be completed, the mining minister said on Friday…
Romanian port operator Comvex said on Friday its net profit more than tripled to 104.36 million lei ($23.24 million) in 2022, as the Black Sea port of Constanta saw a rise in Ukrainian grain exports and other cargo.Comvex, which is due to detail its rise in profit later on Friday…
Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out.Volumes were down by -2.1% between December and February compared with the same period a year earlier…
As geopolitical upheaval continues, Peter Sand, Chief Analyst, Xeneta, explores how global trade patterns have (and will) evolve.Geopolitical unrest could have dramatic and long-term impacts on global trade patterns for all goods and commodities…
