Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI)…
Ukraine's navy confirmed on Wednesday that work had started at three Ukrainian Black Sea ports aimed at preparing for the resumption of grain exports.'In connection with the signing of the agreement on the unblocking (by Russia) of Ukrainian ports for the export of grain…
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise…
Richard Dodge, Commissioner of California's Port of Redwood City, announced he will be retiring at the end of July, after 42 years of port service. Dodge was originally appointed to the Board of Port Commissioners in 1980. His service is one…
The city of Haifa is set to become an increasingly significant east Mediterranean shipping hub, with Chinese and Indian firms buying into its ports as Israel normalizes ties with its Gulf Arab neighbors under a U.S. diplomatic push.Earlier this month…
The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes…
Marine terminals at California's Port of Oakland reopened for regular weekday hours on Monday after independent truckers formally ended a week-long protest of the state's new 'gig worker' law that stranded cargo on ships, docks and warehouses…
The Port of Corpus Christi reports this month it achieved its best quarter and best first half in its 100-year history.In Q2 2022, the port moved a record 46.4 million tons, eclipsing the prior record quarter (Q4 2021) by 4.8%. The Port of Corpus…
Russian missiles hit Ukraine's southern port of Odesa on Saturday, the Ukrainian military said, threatening a deal signed just a day earlier to unblock grain exports from Black Sea ports and ease global food shortages caused by the war.Ukrainian…
Long queues of holidaymakers and lorries built up on Saturday outside the Port of Dover, Britain's main gateway to Europe, and officials said the disruption could be worse than the logjam seen on Friday.Travelers setting out at the start of the British school summer holidays…
Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased.The accord crowned two months of talks brokered by the United Nations and Turkey…
Independent truckers protesting California's new 'gig worker' law blockaded California's third-busiest seaport for the third straight day on Friday, delaying shipments at the state's top agricultural export hub and adding to U.S. supply chain headaches…
Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers to operate.Drivers picketed…
U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U…
Portugal's Sines port is ready to start onward shipment of liquefied natural gas (LNG), which arrives in large tankers and will be transferred to smaller vessels to head to other European states, a government spokesman said on Tuesday.He said…
