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CMA CGM's Profit Jumps on Buoyant Demand

Nov 08, 2024

Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down the risk to trade from possible U.S. tariffs.The French company reported a net profit of $2…

Montreal Port Employers Threaten Shutdown

Nov 08, 2024

Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a 'final, comprehensive offer' to the longshore union.If the Canadian Union of Public Employees Local 375 does not accept the offer by Sunday at 8:00 p…

UKMTO: Armed Small Craft Shadowed Vessel

Nov 08, 2024

British maritime agency says vessel approached by armed small craft near Yemen.The United Kingdom Maritime Trade Operations agency (UKMTO) said on Friday that a vessel was approached by a small craft on Thursday carrying armed personnel that came within three cables of the vessel…

RWE Picks Home Port for Construction of Denmark’s Largest Offshore Wind Farm

Nov 08, 2024

RWE has selected Thyborøn Port as the offshore construction base for its 1.1 GW Thor offshore wind farm in the North Sea.Thyborøn will be the home port for the project’s service vessels and the control center for managing marine logistics and traffic throughout the offshore construction phase…

Yet Another Port Everglades Cruise Passenger Record

Nov 07, 2024

Port Everglades bested its own cruise passenger record with a preliminary count of 4,010,919 guests embarking and disembarking during Fiscal Year 2024, which ended September 30, 2024. The new record is expected to be short lived, however, as 4…

Venture Global gets FERC Nod for LA LNG Plant

Nov 07, 2024

Federal regulators on Wednesday gave Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana, documents show, moving the plant a step closer to producing the superchilled gas.The 20 million metric…

Three Industrial Projects for Le Havre Announced

Nov 07, 2024

The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the state-run port of Le Havre as part of an effort to attract industrial investment…

Alcoa Suspends Bauxite Liftings Juruti

Nov 07, 2024

U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the latest in a series of disruptions to hit the aluminium raw material supply chain…

Philippines Confident in US Support under Trump

Nov 07, 2024

The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under Donald Trump, driven by bipartisan resolve in Washington, its ambassador to the U.S. said on Thursday…

Commodities Weigh Trump Win, Tariff Threats

Nov 07, 2024

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…

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

Nov 07, 2024

Propane puts port operators in control of EV charging and avoids grid-power headaches Although 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…

GHG Emissions cut 55% at Santa Clara Container Terminal

Nov 07, 2024

Wilson Sons certified a reduction of up to 55% in greenhouse gas emissions from Santa Clara Container Terminal cargo operations. Since the start of operations at Santa Clara container terminal in Rio Grande do Sul, over 32,000 tons of carbon have been cut down with inland navigation…

Port of Riga CEO Elected Chair of ESPO

Nov 06, 2024

The European Sea Ports Organisation (ESPO’s) General Assembly unanimously elected Ansis Zeltiņš as its new Chair.Zeltiņš has been CEO of the Freeport of Riga Authority, Latvia, since 2017 and has been involved in the maritime industry for 20 years…

Port of Los Angeles sees Record September, Best Quarter Ever

Nov 06, 2024

The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months…

Great Lakes Iron Ore Trade Falls in October

Nov 06, 2024

Shipments of iron ore on the Great Lakes totaled 4.5 million tons in October, a decrease of 12.3 percent compared to a year ago. Shipments were 10.1 percent below the month’s 5-year average.Year-to-date the iron ore trade stands at 41 million tons…

Logistics News

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

India Allows Four Iranian Oil Tankers to Berth

India Allows Four Iranian Oil Tankers to Berth

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

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Turkish Airlines replaces its CEO and Chairman, but withholds dividends citing geopolitical risk
City Airlines strikes pay deal as Lufthansa strikes, disrupting tens thousands of passengers
As air freight rates and ocean gridlock persist, shippers are looking for alternative routes.