Port News

 

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Jun 13, 2025

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U.S. supplier of sea-borne goods, and Los Angeles is the No. 1 port for those imports. Domestic businesses ranging from retailer Walmart to automaker Ford rely on the toys…

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Jun 13, 2025

Nibulon, one of Ukraine's biggest grain companies, said on Friday it has signed a deal with the operator of the Ukrainian Black Sea port of Chornomorsk to export up to one million metric tons of grain in the July 2025-June 2026 season.Nibulon's…

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

Jun 09, 2025

IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry's need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance Forum in Monaco…

DP World Nhava Sheva Expands Asia Connectivity with New Weekly Shipping Services

May 29, 2025

DP World, a global provider of smart end-to-end supply chain solutions, welcomed the inaugural calls of the CI6/SIS/CISC2 and SI8/AIS5 service at its Nhava Sheva terminal, strengthening the terminal’s connectivity with key Asian economies and…

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

May 22, 2025

Ports of Indiana welcomed a delegation led by the Port of Antwerp-Bruges today on a trade mission exploring economic opportunities and new container shipments between the U.S. Midwest and European markets.The day’s events included a tour of Ports of Indiana-Burns Harbor…

CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

May 22, 2025

CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.Hutchison co-managing director…

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

May 21, 2025

Konecranes is in the final stages of delivering four portal jib cranes to the U.S. Navy in Washington State, completing a contract signed in 2017. Two 25‑ton self‑powered jib cranes were delivered to the Navy pier at Bangor in Q1 2024, and the remaining pair is due at Bremerton by June 2025…

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

May 16, 2025

Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details…

Logistical Bottlenecks Threaten Competitiveness of Brazilian Agribusiness

May 14, 2025

The deterioration of Brazil's port infrastructure has become a critical obstacle for the agribusiness sector, directly impacting key supply chains of major industries, such as coffee, among other commodities. According to Mario Veraldo, CEO of global logistics company MTM Logix…

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

May 09, 2025

Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October, combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea…

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

May 05, 2025

SAAM Terminals held the fourth edition of the Port Gathering in the city of Iquique. The event, which brought together more than 150 port leaders, customers and company executives, provided an opportunity to reflect on the main challenges facing…

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

May 01, 2025

India's Adani Ports and Special Economic Zone issued a higher year-on-year revenue growth forecast for fiscal 2026 on Thursday, citing strong port volumes, after posting a better-than-expected quarterly profit.The country's top private port…

Port of Oakland: Q1 Container Volume Reflects 6.3% Increase YoY

Apr 24, 2025

The Port of Oakland closed the first quarter of 2025 on a strong note. Total container volume rose 7.2% compared to March 2024, with Port operators handling 217,415 TEUs (twenty-foot equivalent units) in March 2025. That performance brings first-quarter volume to 601…

PSA International Considers Selling 20% Stake in CK Hutchison's Ports Business

Apr 23, 2025

Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing's CK…

USTR Implements Port Fee Proposal

Apr 23, 2025

On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…

Logistics News

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

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