Ports News

 

Port of Oakland Box Volume Finishing 2024 Strong

Dec 26, 2024

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…

Tanker Engine Failure Shuts Bosphorus Straight Traffic

Dec 26, 2024

Traffic was suspended in Turkey's Bosphorus strait on Thursday after a tanker had an engine failure during northbound transit through the strait that runs through Istanbul, shipping agent Tribeca and the Transport Ministry said.Tribeca said…

Black Sea Spill Volunteers Beg Putin for Help

Dec 23, 2024

Volunteers helping to clean up a major oil spill along Russia's Black Sea coast appealed in a video released on Monday for President Vladimir Putin to urgently send federal aid, saying that they and local authorities were overwhelmed.The pollution…

Baltic Index Ticks Up as Large Bulkers Post Gains

Dec 23, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, as rates increased across larger vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Trump Threatens to Retake Control of Panama Canal

Dec 23, 2024

President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino…

Volunteers Battle Black Sea Oil Spill

Dec 20, 2024

Volunteers struggled on Friday to shovel up tons of sticky oil from Russia's Black Sea coastline following what President Vladimir Putin has called an ecological disaster.The oil spilled from two ageing Russian oil tankers that were severely…

ESG Delivers LI Ferry to McAllister Subsidiary

Dec 20, 2024

PANAMA CITY, FL – Eastern Shipbuilding Group, Inc. (ESG) announced the successful delivery of the LONG ISLAND (ESG Hull 228), a newly constructed passenger and auto ferry, to the Bridgeport & Port Jefferson Steamboat Company, a subsidiary of McAllister Towing…

Baltic Index Snaps 3-Session Slide

Dec 20, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The index…

ABS CEO Wiernicki Emphasizes Sustainable Shipping

Dec 19, 2024

Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington.“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but it is critically important…

Rahn elected Manatee County Port Authority chairman

Dec 19, 2024

Manatee County Commissioner Mike Rahn has been elected chairman of the Manatee County Port Authority.“It is a privilege to chair SeaPort Manatee’s governing board as we continue to advance key infrastructure enhancements and hurricane recovery…

MISNA Announces Leadership Transition

Dec 19, 2024

Stephen Lyman named President and Captain Steve White transitions to Chairman.The Maritime Information Services of North America (MISNA), a leading association providing information, communications, and services to promote safe, secure, efficient and environmentally sound maritime operations…

Germany’s Mosel River Remains Closed for Lock Repairs

Dec 19, 2024

The Mosel River in Germany will remain closed to cargo shipping in January despite the success of a temporary lock helping to free vessels trapped on the river after an accident, navigation authorities said on Thursday.The temporary lock will…

Germany's Wilhelmshaven Terminal offers May LNG Capacity

Dec 19, 2024

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025, adding that there would be limited slots available in the first quarter there and at another location…

Israel strikes port, energy targets in Yemen

Dec 19, 2024

Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year…

US LNG Rises 2% on LNG Plant Volume Data

Dec 18, 2024

U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual to heat homes and businesses during extreme cold for a second week in a row last week…

Logistics News

Oakland Board of Port Commissioners Elects New Board President

Oakland Board of Port Commissioners Elects New Board President

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

Latin America's First Electric Tug Debuts

Latin America's First Electric Tug Debuts

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

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