Ports News

 

Trump Tariff Threat Lifts US Ocean Imports

Dec 18, 2024

When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana…

Broad Sector Declines puts Baltic Index at 17-month low

Dec 18, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months, as rates dipped across all vessel segments.The index, which factors in rates for capesize…

Propane Holds the Key to Reliable, Efficient Electric Port Tractor Recharging

Dec 18, 2024

Propane puts port operators in control of EV charging and avoids grid-power headachesAlthough it may seem a bit of a paradox that, at both seaports and inland ports, propane is crucial to charging electric terminal tractors, the proliferation…

DP World Starts Construction of New $1.2B Port in Senegal

Dec 18, 2024

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…

Biden's DoE LNG Export Study Tepid on New Permits

Dec 17, 2024

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits…

Baltic Index Retreats Across All Segments

Dec 17, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dipped across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Tanco adds $8.2 million to IA Port Investments

Dec 17, 2024

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…

First Argentinian Terminal Certified to Receive Neo-Panamax Ships

Dec 16, 2024

Argentina’s TecPlata terminal has been certified by the Argentine Naval Prefecture to handle docking maneuvers for Neo-Panamax vessels.The accreditation makes TecPlata the first terminal in Buenos Aires and in the country capable of receiving these large ships…

AAM to Construct Electric Ferries for SF Bay Ferry

Dec 16, 2024

All American Marine (AAM) has announced a partnership with San Francisco Bay Ferry to build their 150-passenger battery-electric vessels. This landmark project will contribute significantly to advancing sustainable passenger transport in the…

Houston’s Volumes Surge to Best Month of Year

Dec 16, 2024

Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year…

NW Europe Fuel oil Imports at 3-year High

Dec 16, 2024

A rush to replenish scarce supply of high-sulphur fuel oil (HSFO) pushed Northwest European imports of residual fuel oil to their highest in three years in November, analysts told Reuters.The Amsterdam-Rotterdam-Antwerp (ARA) area, Europe's main trading and refining hub…

Ukraine blames Russia for Black Sea oil spill

Dec 16, 2024

Ukraine said on Monday Russia was to blame for a major oil spill in the Kerch Strait that leads into the Black Sea, accusing Moscow of breaking navigation safety rules by using old tankers and keeping two vessels at sea during a storm.A Russian oil tanker split apart during a storm on Sunday…

US Study of LNG Exports due on Tuesday

Dec 16, 2024

President Joe Biden's administration will release as soon as Tuesday a study on exports of liquefied natural gas that is expected to stop short of saying the trade is not in the public interest, two industry sources with knowledge of the issue said…

Germany's Mosel River Partially Reopens to Shipping

Dec 16, 2024

The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…

Car Carrier Vessel Market Outlook for '25 is Bearish

Dec 16, 2024

Political winds blowing a raft of new tariffs and incoming supply uptick suggests a volatile 2025 Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45…

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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