The Port of Oakland reported 'better than expected' cargo volumes in April, but port officials say they are expecting volumes to decline in the months ahead as ships cancel visits due to reduced demand brought on by the coronavirus pandemic…
Odfjell announced Monday that Odfjell Terminals (China) Pte. Ltd. (OTC) has today completed a sale of its 50% shareholding of Odfjell Terminals (Dalian) Co Ltd. (OTD) to VTTI Terminals I B.V., a subsidiary of VTTI group, for a total cash consideration of $59 million…
The Port of New York and New Jersey experienced a 4.1% decrease in March container volume compared to March 2019, the Port Authority of NY & NJ said. March cargo volumes were 560,830 TEUs, compared to 585,098 TEUs in March 2019.Throughout the month…
Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.Dredgers are working in the Parana to the…
Algeria will resume car imports, the government said on Sunday, after a ban failed to reduce the import bill, as the North African member of OPEC tries to rein in spending to cope with a decline in energy earnings.The plan to allow car dealers…
Australia's shipments of iron ore to China from the world's top export hub of Port Hedland jumped to 38.7 mln tonnes in April, data from the port authority showed on Friday.Shipments were up by 10.6% from a year earlier, although they shrank by 4…
Brazil's Itaqui port, from where more than 10% of the country's soybeans were exported in 2019, has not been affected by lockdown measures imposed this week in Maranhão state, said Ted Lago, the port's president, on Thursday.Port activity is considered exempt from the order and personnel…
UAE global port operator DP World has launched a $9 billion financing into a targeted syndication process involving less than 10 banks, according to banking sources.The financing, which backs the borrower's privatization, was expected to sell down in a general syndication…
Cargo volume at the Port of Los Angeles is down 15.5% so far this year as the novel coronavirus upends economies around the globe, Gene Seroka, executive director of the busiest U.S. seaport, said on a webcast on Wednesday.April volume was down 6…
China’s exports and imports are expected to record double-digit declines in April after a tentative recovery in March as the coronavirus pandemic batters global demand and disrupts manufacturing supply chains, a Reuters poll showed on Wednesday…
The German National Metrology Institute (PTB) has granted Seijsener the “Baumusterprüfbescheinigung” (type examination certificate) for Seijsener's shore power cabinets. This makes the Dutch company the first manufacturer of shore power for ships in Europe to be awarded this ‘Eichrecht’ certificate…
Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals Inc. (Ceres), and SSA Atlantic LLC (SSA) have formed a joint venture, Charleston Stevedoring Company LLC (CSC), to provide container terminal and stevedoring services in the Port of Charleston in South Carolina…
Evergreen Line has launched a new weekly container service between South America, the Caribbean and the U.S. mainland.Evergreen will have three vessels in the service rotation, which will include calls at Manzanillo, Panama; Colon-Coco Solo…
China is the Port of Hamburg’s most important trade partner. Hamburg serves as the gateway to Europe for Chinese goods. Along with handling ocean shipping, the port city is also an important railway hub for transports to and from China. The…
Six new all electric rubber-tired gantry (E-RTGs) cranes have been installed and are now in service at PortMiami's South Florida Container Terminal (SFCT).The new zero-emissions E-RTGs are cleaner and quieter than the older, diesel-powered top-loaders which previously worked in the container yard…
