Ports News

 

Wheat Export Tariffs Likely to Slow Shipments from Russia

Dec 04, 2024

“Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian cargoes…

San Antonio Terminal Int'l concession extended until 2030

Dec 03, 2024

Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1…

Snake Island Port inks 45-Year Concession with NPA

Dec 03, 2024

Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone…

USDOT's Marad Awards $5 Million in Marine Highway Grants

Dec 03, 2024

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $4.85 million in grants to five marine highway projects across the nation via the United States Marine Highway Program (USMHP). The funding will enhance the movement…

Port of Tyne Launches 'Green North Sea Shipping Corridor' Project

Dec 03, 2024

Partners from across the UK and Europe came together at the Port of Tyne recently late last month to officially launch the ‘Green North Sea Shipping Corridor Project’, which aims to create one of the world’s first green shipping corridors between…

FMC Commish Pushes for PR as an Offshoring, Distribution Hub

Dec 03, 2024

A Statement from Carl W. Bentzel, Commissioner with the U.S. Federal Maritime Commission.Events of recent years have made many who are interested in trade, transportation, and supply chain issues question the model of relying predominantly on…

FMC's Bentzel Looks Offshore to Puerto Rico

Dec 02, 2024

FMC Commissioner Carl W. Bentzel weighs in, urging policies to help Puerto Rico become an Offshoring and Distribution Hub. His staement of today, follows:Events of recent years have made many who are interested in trade, transportation, and…

Brazil Braces for Bumper Soy Crop, Large Export Season

Dec 02, 2024

Benevolent weather and use of quality farm inputs such as seeds, fertilizers and chemicals will help Brazilian soybean growers reap an enormous crop in the 2024/25 season, according to agribusiness consultancies Celeres and StoneX on Monday…

Dearth of Vessels Leave Basra Refinery Tanks Full

Dec 02, 2024

Iraq halted all operations at the Shuiaba refinery in Basra over the weekend following the overloading of fuel oil storage tanks, according to three refinery officials.The disruption occurred after no ships arrived at the Khor Zuhair port to load exported fuel oil since mid-last week…

American Cruise Lines Sails into 2025

Dec 02, 2024

American Cruise Lines announced its line-up for 2025, including more new ships, 8 new itineraries, and the longest river cruise in the country, the 51-Day Great United States. 2025 offerings also feature an array of exclusive U.S. cruises, including bucket-list adventures exploring U…

Panama Canal's Big Plans to Address Drought

Dec 02, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

St. Lawrence Seaway Invests $350 Million in Upgrades

Dec 02, 2024

The St. Lawrence Seaway Management Corporation (SLSMC) has announced an investment of over $350 million in infrastructure upgrades over the next three years.This investment will ensure the Seaway’s continued reliability and efficiency, while creating jobs and strengthening local communities…

Access to Georgian Port Blocked by Protesters

Dec 01, 2024

Georgian anti-government protesters on Sunday blocked an access road into the country's main commercial port in the Black Sea city of Poti, Georgian news agency Interpress reported.Images showed at least one entrance to the port complex blocked…

DEME to Build Offshore Wind Terminal in German Port

Nov 28, 2024

DEME has been awarded a contract, worth up to $52 million, for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany.The terminal will boost Cuxhaven’s position as a key offshore industrial hub to support the handling of heavy-duty loads…

Brazil Grain Barges Return as Amazon Drought Eases

Nov 27, 2024

Transportation of soybeans and corn on barges along the Brazilian Amazon's Tapajos River, which had been suspended in early October due to dry weather, resumed at 50% capacity this week, operators said on Wednesday.Shipping began again on that waterway…

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

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