Ports News

 

Indian Port Workers to Strike

Aug 19, 2024

A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.A strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports…

US Freight Forwarder Diverting Cargo Away from Canadian Ports

Aug 19, 2024

US freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms.It said roughly 80% of its customers who had switched are now exporting…

GAC Spain Expands to Port of Huelva Offering Vessel Support

Aug 19, 2024

GAC Spain opened a new office at the Port of Huelva, positioning the global ship agent to serve its existing dry and liquid bulk customers, as well as gas carriers at Huelva. These include ship agency, husbandry, bunker fuels, customs clearance…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

Bumper Crop of Soybeans Coming from Ukraine

Aug 19, 2024

Ukraine is likely to harvest a record 5.7 million metric tons of soybeans in 2024 thanks to a larger than expected sowing area, the ASAP Agro agriculture consultancy said on Monday. Ukraine harvested about 5 million tons of soybeans in 2023…

Stronger Steel Prices Boost Dalian Iron Ore

Aug 19, 2024

Dalian iron ore futures prices retraced earlier losses on Monday, as firmer steel prices and revived hopes of stimulus in top consumer China added support to the volatile market.The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0…

Poland's Orlen in Deal for BP Oil

Aug 19, 2024

Polish refiner Orlen will receive 6 metric tons of oil from British energy group BP, under a year-long agreement, it said on Monday. The deliveries of North Sea oil are expected to cover about 15% of Orlen's requirements and both companies are open to future cooperation on joint projects…

India Port Workers Call for Strike

Aug 19, 2024

A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.A strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports…

Impact of the Houthi Red Sea Attacks on Shippers

Aug 16, 2024

Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports…

Red Sea Crisis Impacts Oman's Salalah Port

Aug 16, 2024

Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen…

DP World's First Half Profits Take a Hit from Middle East Tensions

Aug 15, 2024

Dubai-owned DP World reported a 59% drop in first-half profit on Thursday as the ports and logistics company grappled with shipping disruptions in the Red Sea as tensions flare in the Middle East due to the ongoing Israel-Hamas war in Gaza.Missile…

Possible US Seaport Strike Could Snarl Supply Chains for Months

Aug 15, 2024

A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.Retailers like Walmart and other importers have been rushing goods in ahead of the Sept…

US Grain Exports Up 12%, but China Imports Fall

Aug 15, 2024

“In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…

Hybrid Cranes Delivered to East Java Multipurpose Terminal

Aug 14, 2024

The East Java Multipurpose Terminal (EJMT) recently took delivery of two new Konecranes Gottwald post-Panamax ESP.8 mobile harbor cranes.The new equipment will support EJMT in handling bulk, project and container cargo once the terminal commences operations in September…

Port of Virginia Wraps Up Rail Yard Expansion

Aug 14, 2024

The Port of Virginia has fully activated its expanded central rail yard, marking the completion of a project that now enables the port to handle 2 million 20-foot equivalent units (TEUs) by rail each year.“Modernizing and expanding the capability…

Logistics News

Ukrainian Drones Hit Tanker in Russia's Rostov Port

Ukrainian Drones Hit Tanker in Russia's Rostov Port

Hapag-Lloyd and NCL to Power Ships with e-Fuels from 2027

Hapag-Lloyd and NCL to Power Ships with e-Fuels from 2027

PhilaPort CEO Jeff Theobald Announces Retirement

PhilaPort CEO Jeff Theobald Announces Retirement

PDVSA Resumes Oil Cargo Deliveries After Cyberattack

PDVSA Resumes Oil Cargo Deliveries After Cyberattack

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