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Fire Erupts at Oil Depot in Crimea

Oct 07, 2024

A fire broke out at an oil depot in the city of Feodosia on the Crimean coast of the Black Sea, Russian-appointed officials in the Crimean Peninsula that Moscow annexed from Ukraine in 2014 said on Monday.There were no casualties, Oleg Kryuchkov…

Oil Loadings from Russia's Port of Novorossiisk Revised Up for October

Oct 07, 2024

Oil exports from Russia's Black Sea port of Novorossiisk were revised up by 0.22 million metric tons from a previous forecast to 2.42 million tons for October, two sources familiar with the plan said on Monday.Initially oil loadings from Novorossiisk…

River Level at Amazon Port Hits 122-year Low Amid Drought

Oct 07, 2024

The river port in the Amazon rainforest's largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and essential supplies that are the region's lifeline.Below-average…

Global Supply Chain Pressures Easing After Strike

Oct 06, 2024

The resolution of a U.S. port strike is likely to keep global supply chain pressures on a calm footing, allowing for a continued slowdown in inflation, an index tracked by the New York Federal Reserve showed on Friday.The regional Fed bank's global supply chain pressure index…

Billions in Lost Treasure: How Modern Technology Is Revealing Hidden Riches from the Depths!

Oct 04, 2024

Oceans worldwide hold untold riches hidden beneath the waves.  Now treasure hunters are using  cutting-edge technology to explore them, discovering some of history's most treasured sunken finds from Caribbean waters to Arctic depths rewriting maritime history and uncovering fortunes lost at sea…

US Port Strike Throws Spotlight on Big Union Foe: Automation

Oct 04, 2024

A strike by dockworkers on the U.S. East Coast and Gulf Coast that disrupted much of the nation's ocean shipping this week ended on Thursday, but a key issue driving labor unrest across the continent - the growing use of automation - was unresolved…

Konecranes Unveils New Noell Straddle Carrier

Oct 04, 2024

Konecranes recently hosted a  group of straddle carrier customers at its straddle carrier facility in Würzburg, Germany to unveil its new-design Konecranes Noell Straddle Carrier prototype.The heritage of Konecranes Noell and straddle carriers dates back to 1968…

U.S. Port Strike Settled— What happens next?

Oct 04, 2024

The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) announced in an historic development for U.S. maritime industry that they had reached a tentative agreement which officially ends the longshoremen…

US Port Strike Leaves Huge Cargo Backlog In Its Wake

Oct 04, 2024

U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time…

Great Lakes Limestone Trade Up 9.4%

Oct 04, 2024

Shipments of limestone on the Great Lakes totaled 3.8 million tons in September, an increase of 9.4% compared to a year ago, according to latest figures from trade group the Lake Carriers’ Association (LCA). Limestone cargos were also above the month’s 5-year average by 4…

China and Abu Dhabi Establish Sister Ports

Oct 03, 2024

On the 40th anniversary of the establishment of diplomatic relations between China and the United Arab Emirates, Yangpu Port and Abu Dhabi Port have become sister ports.The move was officiated by an MoU which was signed by the Yangpu Economic Development Zone Management Committee…

East Coast Port Strike Ends

Oct 03, 2024

U.S. dock workers and port operators have reached a tentative deal that will immediately end a three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the International Longshoremen's Association (ILA) union and the United States Maritime Alliance (USMX) said on Thursday…

Great Lakes Iron Ore Trade Dips 1.9%

Oct 03, 2024

Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.5 million tons in September, a decrease of 1.9% compared to a year ago, according to latest figures from industry trade group the Lake Carriers’ Association (LCA). Shipments were above the month’s 5-year average by 6…

Ships Queue at US Ports as Dockworker Strike Enters Third Day

Oct 03, 2024

Long lines of container ships lined up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day, preventing unloading and threatening shortages of everything from bananas to auto parts…

Singapore High-sulphur Bunker Fuel Premiums Soar

Oct 03, 2024

Spot premiums for 380-cst high-sulphur marine fuel at Singapore, the world's largest bunker hub, have surged due to the tight supply available for prompt deliveries, market sources said.The price strength for the fuel, which is used to power ships…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Canadian Indigenous group buys $511 million stake in Enbridge Westcoast pipeline
Asia's high-sulfur fuel oil nears record highs
Ukrainian soybean producers expect export prices to increase in May