Ports News

 

Oakland Board of Port Commissioners Elects New Board President

Jul 11, 2025

The Oakland Board of Port Commissioners unanimously elected Andreas Cluver to lead as Board President. Jahmese Myres was elected First Vice President, and Barbara Leslie was elected Second Vice President of the Commission.President Andreas Cluver…

Latin America's First Electric Tug Debuts

Jul 10, 2025

SAAM christened Trapananda, reported to be the first electric tugboat in Latin America.  Thanks to a strategic partnership with Enap, the electric tug will operate in one of the southernmost terminals in the world, Puerto Chacabuco, in the Aysén Region…

Iron Ore 'Calm' in face of China Uncertainty, U.S. Tariffs

Jul 10, 2025

Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.The benchmark Singapore Exchange contract ended at $95.25 a metric ton on Monday, down from $95.89…

GES Exits Dutch Market with Rotterdam Terminal Sale to Tepsa

Jul 10, 2025

Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…

Coal Shipments Plummet 6%, China's the Driver

Jul 09, 2025

“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production…

Gladstone Ports Welcomes New CEO

Jul 06, 2025

Gladstone Ports Corporation (GPC) of Australia has appointed Andrew Johnson as the organization’s new CEO.With over 30 years of national and international leadership experience, Johnson has a proven track record successfully leading large-scale…

US Grain Shipments Surge 9% in face of Chinese Tariffs

Jul 02, 2025

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes to China, the US has been able to find alternative markets for most of its cargoes…

MDL Leases Land for Peterhead Offshore Project Support Site

Jul 01, 2025

Peterhead is set to become the epicenter of flexible activity for the North Sea’s future energy landscape with a new quayside handling facility by Maritime Developments Ltd (MDL).The North-east flex-lay services company has entered a long-term…

Osbit Opens New Offshore Wind Facility in Port of Blyth

Jun 30, 2025

Osbit, an offshore wind engineering company operating as part of Venterra Group, has opened a new assembly and service facility at the Port of Blyth in the U.K, bolstering its offshore wind service offering. The development has created 33 skilled…

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Jun 27, 2025

Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%…

Maersk Reopens Cargo Acceptance to Port of Haifa

Jun 26, 2025

Danish shipping company Maersk said on Thursday it had reopened cargo acceptance to Israel's Haifa port for imports as of June 25 and that it expected to reopen exports from the location once a lower safety risk had been confirmed.Iranians and…

Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports

Jun 26, 2025

In the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani, in collaboration with the National Center for Privatization, signed contracts to privatize…

ESL Enters U.S. Market with Direct Vessel Service from SE Asia to Seattle

Jun 25, 2025

Emirates Shipping Line (ESL) enters the US market with the launch of the Sun Chief Express (SCX).The Sun Chief Express (SCX) will directly connect Seattle, WA with Ho Chi Minh, and Shekou, while also providing wider coverage of Southeast Asia via these ports…

Verizon Wins 5G Contract for UK's Thames Freeport

Jun 25, 2025

Verizon Business has won a contract to build multiple private 5G networks at Thames Freeport, one of Britain's busiest shipping and logistics centers, the U.S. telecom giant said on Wednesday.The deal, in partnership with Finland's Nokia, will…

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

Jun 24, 2025

Crowley, a leader in logistics, marine and energy solutions, is expanding ocean shipping services with its first-ever route between the U.S. Northeast and Central America.Utilizing Crowley's new Avance Class vessels, powered by liquefied natural gas (LNG)…

Logistics News

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

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Trump's Brazil coffee tariff of 50% is expected to change the trade and send more beans to China
Chevron CEO: Exports of Venezuelan crude oil to resume in this month
US cancels the environmental review and grants for the long-stalled high speed rail project