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Latest News - page 309

 

Cargo Operations Halt at the Port of Seattle Amid Labor Dispute

Jun 11, 2023

PMA says US West Coast port workers shut down Port of Seattle; workers' union denies claimThe Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive work actions led…

Bunge Finalizing $30 Billion-plus Merger with Viterra

Jun 09, 2023

U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar with the matter said on Thursday…

Business Group Urges Biden to Intervene in West Coast Ports Labor Dispute

Jun 09, 2023

The largest U.S. business group on Friday urged President Joe Biden him to intervene immediately and appoint an independent mediator to address a West Coast ports labor dispute.More than 22,000 dockworkers at ports from California to Washington state have been working without a contract since July…

Stena Line and Port of Gothenburg Take Next Step Toward Arendal

Jun 09, 2023

Stena Line and Port of Gothenburg have signed an agreement for the relocation of Stena Line’s Denmark- and Germany ferry operations to an all-new terminal in Arendal, Gothenburg. The new location will meet the needs of sustainable transport solutions for both Stena Line and Port of Gothenburg…

Capesize Spot Rates Hesitant Despite 5% Rise in Demand -BIMCO

Jun 08, 2023

“During the first five months of 2023, demand for Capesize ships increased 5% y/y while supply increased 3% y/y. Nonetheless, spot rate increases remain hesitant, largely due to concerns over China’s fragile economic recovery,” says Filipe Gouveia…

Jobs at Stake as California Port Terminal Upgrades to Green Technology

Jun 08, 2023

Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal's final push to become the world's first zero-emissions facility will serve as a bulwark against lost jobs in an era of energy transition and increasing automation…

Kakhovka Dam Collapse Blocks Gateway for Ukrainian Exports

Jun 08, 2023

The destruction of the Kakhovka dam in southern Ukraine has made it impossible to navigate parts of the Dnipro River and deprived Kyiv of an important agricultural export route, shipping authorities said.The loss of the route is another problem…

Biden Encourages Continued Collective Bargaining in US Ports Dispute

Jun 07, 2023

U.S. President Joe Biden has urged both sides in the West Coast ports labor dispute to continue collective bargaining, White House press secretary Karine Jean-Pierre said on Wednesday, adding acting Labor Secretary Julie Su was actively engaging with the parties…

New Pakistan-Australia Direct Service Launched

Jun 07, 2023

Pakistan International Container Terminal Limited (PICT), the International Container Terminal Services, Inc. (ICTSI) subsidiary operating at the Port of Karachi, has partnered with Singaporean shipping line SeaLead to establish a direct service between Pakistan and Australia…

Australia and Singapore Plan Green Shipping Corridor

Jun 06, 2023

Australia and Singapore have commenced discussions on establishing a Singapore-Australia Green and Digital Shipping Corridor by the end of 2025.Australia’s Department of Infrastructure, Transport, Regional Development, Communications and the…

Black Sea Grain Deal Could Hinge on Ammonia Pipeline

Jun 06, 2023

A possible extension next month of a deal allowing the safe wartime export of grains and fertilizers from three Ukrainian Black Sea ports could hinge on the reopening of a pipeline that delivers Russian ammonia to one of those Ukrainian ports…

Inchcape Shipping Services Names Evangelidis COO

Jun 06, 2023

Port agency and marine services provider Inchcape Shipping Services announced it has appointed Anna Evangelidis as its new Chief Operating Officer, effective June 6, 2023.Evangelidis brings with her a wealth of experience, having previously worked at BP…

Port of New Orleans Names Wypyski COO

Jun 06, 2023

The Port of New Orleans (Port NOLA) welcomed maritime industry veteran Matthew Wypyski to the executive team as Chief Operating Officer (COO). Wypyski’s leadership experience includes 32 years as a senior operating and general management executive leading port authority staff…

Container Shipping Freight Rates Are Too Low, Says Hapag Lloyd CEO

Jun 06, 2023

Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volume, said on Tuesday.'There are spot rates that are clearly below cost…

Retailers, Manufacturers Urge White House to Mediate in West Coast Ports Labor Dispute

Jun 05, 2023

Groups representing major retailers and manufacturers urged the White House on Monday to intervene in contentious West Coast port labor negotiations, citing worries about shipping disruptions during critical holiday shopping seasons.The call…

Logistics News

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Saudi Crude Oil Exports Rise in October

Saudi Crude Oil Exports Rise in October

Bureau Veritas Opens Cruise Excellence Center in Miami

Bureau Veritas Opens Cruise Excellence Center in Miami

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

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TSA officers are not allowed to sit down during ID checks in US airports
Alaska Air expects certification of the Boeing 737 MAX 10 by end-September
Maricarmen Abascal has died. She was the evicted Spanish 80-year-old who was at the heart of Spain’s housing protests.