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Ports News

 

Port of Long Beach Marks 20 Years of Leading Green

Jan 17, 2025

The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the years ahead, CEO Mario Cordero said Thursday during his eighth annual State of the Port address…

Baltic Index logs second straight weekly drop

Jan 17, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates across all segments weakened.The index, which factors in rates for capesize…

Sanmar to Build Fully Electric Tug

Jan 17, 2025

Sanmar has signed a contract with major towage and marine services provider Svitzer to build a fully electric tug to be deployed in Scandinavia to provide services between Denmark and Sweden.The Denmark-headquartered global operator has ordered a new ASD…

Industry Executives: Red Sea too risky even after Gaza ceasefire

Jan 17, 2025

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said…

Renewable Diesel Project for Passenger Ferry Underway in California

Jan 16, 2025

In partnership with Catalina Express and Harbor Breeze Cruises, the Port of Los Angeles will soon begin emission-reduction technology demonstration projects for specialized harbor craft, thanks to a $31 million grant awarded by the California Air Resources Board (CARB)…

Maersk, Hapag-Lloyd: No immediate return to Red Sea

Jan 16, 2025

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring…

Baltic Index sags again, dragged down by capesize, supramax rates

Jan 16, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Philippines, China seek common ground on South China Sea

Jan 16, 2025

The Philippines and China agreed to seek common ground and find ways to cooperate despite their disagreements in the South China Sea, their foreign ministries said on Thursday, as heated rows persist over vessels deployed around disputed features…

IMO Outlines 2025 Priorities

Jan 16, 2025

Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the International Maritime Organization (IMO), as it embarks on a busy work schedule for 2025.Speaking at a news conference on 14 January 2025, Mr. Dominguez…

Burger to build Passenger Vessel for Wendella Sightseeing

Jan 16, 2025

Burger Boat Company has announced that is has been awarded a contract to construct an 89-foot passenger vessel for Wendella Sightseeing Co. Inc.This state-of-the-art passenger vessel will be built with Burger’s renowned craftsmanship and precision engineering…

Dozens of Migrants Feared Drowned, NGO says

Jan 16, 2025

As many as 50 migrants attempting to reach Spain by boat from West Africa may have drowned, migrant rights group Walking Borders said on Thursday.Moroccan authorities on Wednesday rescued 36 people from a boat that had departed from Mauritania on Jan…

Fincantieri Marinette Marine wins Harbor Assistance Grant

Jan 16, 2025

Fincantieri Marinette Marine (FMM) will receive $3 million from the State of Wisconsin to improve marine infrastructure along the Menominee River where the company builds surface combatant ships for the U.S. Navy.Governor Tony Evers and the…

Colonial Pipeline's gasoline line likely shut until Friday

Jan 15, 2025

Colonial Pipeline's main U.S. gasoline artery is expected to be shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia, the company said in a statement on Wednesday.Line 1, one of two mainlines on the more than 5…

Baltic Index dragged lower across all sectors

Jan 15, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session on Wednesday, dragged down by weaker rates across all vessels.The index .BADI, which factors in rates for capesize…

AAPA Announces Policy Agenda for America’s Ports

Jan 15, 2025

The American Association of Port Authorities (AAPA), the unified voice of our nation’s seaports, today released their policy agenda for the 119th Congress and the incoming Donald J. Trump Administration to revitalize America’s ports, keep America safe and secure…

Logistics News

CM Energy Contributes to ASSO Cable Lay Project

CM Energy Contributes to ASSO Cable Lay Project

Singapore, Norway Launch Call for Green Shipping Research Grants

Singapore, Norway Launch Call for Green Shipping Research Grants

Los Angeles, Long Beach Port Workers and ILWU Watchmen Extend Bargain Deadline

Los Angeles, Long Beach Port Workers and ILWU Watchmen Extend Bargain Deadline

Corn, Soybean Futures Remain at Multi-Month Lows

Corn, Soybean Futures Remain at Multi-Month Lows

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