GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…
U.S.-flag Great Lakes freighters (lakers) moved 76.3 million tons of cargo in 2024, a decrease of 6.3 percent compared to 2023. The 2024 float was 4.6 percent below the fleet’s 5-year average.Compared to 2023, salt shipments increased by 5.8 percent while sand shipments increased by 15…
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.In a statement, Rabie said the navy would reissue navigational maps after adding the 10-km (6…
The Baltic Exchange's dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates weakened across all vessel segments.The overall index…
The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U…
Hornblower Group is excited to announce the appointment of Len Wolin as President of City Experiences, effective January 20. In his new role, Wolin will lead the strategic direction of City Experiences, which encompasses Hornblower Group’s diverse…
China’s Ningbo-Zhoushan Port saw its cargo throughput exceed 1.37 billion tons in 2024, ranking it top globally for the 16th consecutive year.In 2023, Ningbo-Zhoushan Port processed a cargo throughput of 1.32 billion metric tons, marking a year-on-year increase of 4…
Contecon Guayaquil is enhancing Ecuador’s banana export capabilities with the launch of a cold storage facility within the Port of Guayaquil.The Guayaquil Banana Gateway is the first on-dock cold storage facility in the country, which remains as the world’s top banana exporter…
The St. Lawrence Seaway Management Corporation (SLSMC) announces a 3.5% increase of Tolls and Wharfage & Storage Charges for the upcoming navigation season.The Schedules of Tolls and Wharfage & Storage Charges are available on our web site: Seaway Handbook – Great Lakes St…
The Captain of the Port for Coast Guard Sector Miami has announced the establishment of a new regulated navigation area for certain waters surrounding Port Miami.The new rule establishes a slow speed zone for vessels less than 50 meters (164…
On January 16, 2025, the National Marine Fisheries Service (NMFS) formally withdrew its August 1, 2022, Notice of Proposed Rulemaking (NPRM) that sought amendments to the North Atlantic Right Whale Vessel Strike Reduction Rule that would have had the unintended consequences of endangering pilots…
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…
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 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…
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…
